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WASHINGTON, IL 61571

Real Estate Market Report  ·  Tazewell County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The WASHINGTON, IL real estate market (61571) currently shows 47 active listings, with 28 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 42 days on market compared to 44 days last year.

The median listing price has fallen 21.6% year-over-year, from $334,900 to $262,450.

Whether you are buying or selling in WASHINGTON, 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 Context

Market Context

Population: 24,712  ·  Density: 178.4/mi²  ·  Median household income: $85,853

Typical home value: $194,413  ·  Homeownership: 81.4%

Market Overview

Active Listings
47
⇧ 4.4% vs 45 last year
Pending
28
60% pending ratio
Median Price
$262,450
⇩ 21.6% vs $334,900 last year
Average Price
$362,234
⇩ 7.9% vs $393,406 last year
Days on Market
42
⇩ 4.5% vs 44 days last year

Price Per Square Foot

Median $/sqft
$148
⇧ 8% vs $137/sqft last year
Median Home Size
1,934 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 47 this year vs 45 last year
  • Days on market: 42 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $262,450 (-21.6% YoY)
  • Average: $362,234 (-7.9% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.8 miles — 443 listings ($99,500,527 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61571Washington, IL 615710.0 mi42$14,188,062$263,675$337,811
61550Morton, IL 615506.6 mi31$13,627,290$316,150$439,590
61733Deer Creek, IL 617337.2 mi1$220,000$220,000$220,000
61616Peoria Heights, IL 616168.3 mi15$5,039,580$200,400$335,972
61602Peoria, IL 616029.6 mi24$5,194,944$214,975$216,456
61606Peoria, IL 616069.9 mi20$2,924,360$139,900$146,218
61614Peoria, IL 6161410.2 mi68$17,807,636$225,195$261,877
61729Congerville, IL 6172911.7 mi2$200,000$100,000$100,000
61604Peoria, IL 6160412.1 mi112$12,018,160$99,950$107,305
61755Mackinaw, IL 6175513.1 mi9$2,721,825$234,950$302,425
61568Tremont, IL 6156814.1 mi11$3,253,492$229,325$295,772
61554Pekin, IL 6155415.2 mi103$21,697,053$145,550$210,651
61570Washburn, IL 6157015.8 mi5$608,125$122,425$121,625

Frequently Asked Questions

How many homes are for sale in WASHINGTON, IL 61571?

As of March 2026, there are 47 active listings in WASHINGTON, IL (zip code 61571), compared to 45 the prior year.

What is the median home price in WASHINGTON, IL 61571?

The median listing price in WASHINGTON, IL 61571 is $262,450 as of March 2026, a 21.6% decrease from $334,900 the prior year.

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

Homes in WASHINGTON, IL 61571 spend an average of 42 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in WASHINGTON, IL 61571?

Based on current inventory and days-on-market data as of March 2026, WASHINGTON, IL 61571 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 42 days on market compared to 44 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WASHINGTON, IL 61571 save an estimated $5,249 compared to a typical 5% commission on the median listing price of $262,450. 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.