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SPARLAND, IL 61565

Real Estate Market Report  ·  Marshall County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
1
⇩ 50% vs 2 last year
Pending
0
0% pending ratio
Median Price
$189,900
⇩ 41.1% vs $322,500 last year
Average Price
$189,900
⇩ 41.1% vs $322,500 last year
Days on Market
11
⇩ 56% vs 25 days last year

Market Context

Population: 1,433  ·  Density: 8.4/mi²  ·  Median household income: $74,250

Typical home value: $149,673  ·  Homeownership: 81.8%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The SPARLAND, IL real estate market (61565) currently shows 1 active listings. Homes are averaging 11 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 11 days on market compared to 25 days last year.

The median listing price has fallen 41.1% year-over-year, from $322,500 to $189,900.

Whether you are buying or selling in SPARLAND, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 2 last year
  • Days on market: 11 now vs 25 last year

Median & Average Pricing

Year over Year
  • Median: $189,900 (-41.1% YoY)
  • Average: $189,900 (-41.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.2 miles — 157 listings ($41,744,403 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61565Sparland, IL 615650.0 mi1$189,900$189,900$189,900
61540Lacon, IL 615407.3 mi7$1,379,581$173,745$197,083
61526Edelstein, IL 615269.4 mi2$1,203,900$601,950$601,950
61560Putnam, IL 6156012.0 mi9$2,391,849$199,950$265,761
61570Washburn, IL 6157012.7 mi5$555,875$107,450$111,175
61545Lowpoint, IL 6154513.9 mi2$410,000$205,000$205,000
61559Princeville, IL 6155915.9 mi2$799,000$399,500$399,500
61335McNabb, IL 6133516.9 mi1$259,900$259,900$259,900
61615Peoria, IL 6161518.5 mi60$16,276,860$216,500$271,281
61483Toulon, IL 6148319.3 mi3$567,000$189,000$189,000
61616Peoria Heights, IL 6161620.0 mi14$5,599,538$269,000$399,967
61528Edwards, IL 6152821.0 mi6$2,390,550$449,900$398,425
61611East Peoria, IL 6161122.2 mi45$9,720,450$165,000$216,010

Frequently Asked Questions

How many homes are for sale in SPARLAND, IL 61565?

As of January 2026, there are 1 active listings in SPARLAND, IL (zip code 61565), compared to 2 the prior year.

What is the median home price in SPARLAND, IL 61565?

The median listing price in SPARLAND, IL 61565 is $189,900 as of January 2026, a 41.1% decrease from $322,500 the prior year.

How long do homes stay on the market in SPARLAND, IL?

Homes in SPARLAND, IL 61565 spend an average of 11 days on the market before going under contract, compared to 25 days the prior year.

Is it a seller's or buyer's market in SPARLAND, IL 61565?

Based on current inventory and days-on-market data as of January 2026, SPARLAND, IL 61565 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 11 days on market compared to 25 days last year.

How much can I save on real estate commission in SPARLAND, IL?

With SELL123.com's maximum 3% commission, sellers in SPARLAND, IL 61565 save an estimated $3,798 compared to a typical 5% commission on the median listing price of $189,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.