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WAPELLA, IL 61777

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

Market Analysis

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

The WAPELLA, IL real estate market (61777) currently shows 2 active listings, with 1 pending sales. Homes are averaging 8 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 8 days on market compared to 47 days last year.

The median listing price has fallen 28.6% year-over-year, from $244,950 to $175,000.

Whether you are buying or selling in WAPELLA, 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: 1,049  ·  Density: 11.1/mi²  ·  Median household income: $85,858

Typical home value: $134,715  ·  Homeownership: 82.2%

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
1
50% pending ratio
Median Price
$175,000
⇩ 28.6% vs $244,950 last year
Average Price
$175,000
⇩ 28.6% vs $244,950 last year
Days on Market
8
⇩ 83% vs 47 days last year

Price Per Square Foot

Median $/sqft
$97
⇩ 19.2% vs $120/sqft last year
Median Home Size
1,800 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 1 last year
  • Days on market: 8 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $175,000 (-28.6% YoY)
  • Average: $175,000 (-28.6% 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 22.6 miles — 181 listings ($64,195,531 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61777Wapella, IL 617770.0 mi1$159,000$159,000$159,000
61727Clinton, IL 617276.7 mi19$4,060,414$155,950$213,706
61778Waynesville, IL 617788.1 mi1$99,000$99,000$99,000
61772Shirley, IL 6177211.8 mi1$187,900$187,900$187,900
61754McLean, IL 6175412.9 mi3$2,576,250$858,750$858,750
61749Kenney, IL 6174913.8 mi1$208,500$208,500$208,500
61756Maroa, IL 6175614.6 mi3$282,450$92,450$94,150
61704Bloomington, IL 6170415.7 mi65$27,570,985$377,400$424,169
61723Atlanta, IL 6172317.3 mi4$944,700$236,175$236,175
61737Ellsworth, IL 6173718.3 mi1$165,000$165,000$165,000
61761Normal, IL 6176119.5 mi73$25,222,741$358,725$345,517
62535Forsyth, IL 6253522.0 mi7$2,446,241$354,575$349,463
61724Bellflower, IL 6172422.6 mi2$272,350$136,175$136,175

Frequently Asked Questions

How many homes are for sale in WAPELLA, IL 61777?

As of March 2026, there are 2 active listings in WAPELLA, IL (zip code 61777), compared to 1 the prior year.

What is the median home price in WAPELLA, IL 61777?

The median listing price in WAPELLA, IL 61777 is $175,000 as of March 2026, a 28.6% decrease from $244,950 the prior year.

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

Homes in WAPELLA, IL 61777 spend an average of 8 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in WAPELLA, IL 61777?

Based on current inventory and days-on-market data as of March 2026, WAPELLA, IL 61777 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 8 days on market compared to 47 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WAPELLA, IL 61777 save an estimated $3,500 compared to a typical 5% commission on the median listing price of $175,000. 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.