Data as of September 2026. Source: Realtor.com.
The DEWEY, IL real estate market (61840) currently shows 5 active listings, with 1 pending sales. Homes are averaging 67 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 67 days on market compared to 114 days last year.
The median listing price has fallen 27.3% year-over-year, from $899,900 to $654,500.
Population: 530 · Density: 6.6/mi² · Median household income: $68,250
Typical home value: $0 · Homeownership: 89.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 61840 | Dewey, IL 61840 | 0.0 mi | 1 | $100,000 | $100,000 | $100,000 |
| 61845 | Foosland, IL 61845 | 7.4 mi | 1 | $232,450 | $232,450 | $232,450 |
| 61853 | Mahomet, IL 61853 | 7.8 mi | 43 | $18,065,590 | $419,950 | $420,130 |
| 61822 | Champaign, IL 61822 | 11.0 mi | 75 | $36,627,675 | $464,125 | $488,369 |
| 60949 | Ludlow, IL 60949 | 12.0 mi | 1 | $76,500 | $76,500 | $76,500 |
| 61724 | Bellflower, IL 61724 | 12.1 mi | 2 | $272,350 | $136,175 | $136,175 |
| 60957 | Paxton, IL 60957 | 13.1 mi | 18 | $3,002,526 | $144,925 | $166,807 |
| 61854 | Mansfield, IL 61854 | 13.1 mi | 6 | $1,779,798 | $289,950 | $296,633 |
| 61802 | Urbana, IL 61802 | 14.5 mi | 68 | $22,748,380 | $284,200 | $334,535 |
| 61847 | Gifford, IL 61847 | 15.1 mi | 2 | $322,000 | $161,000 | $161,000 |
| 61874 | Savoy, IL 61874 | 17.1 mi | 17 | $8,884,370 | $549,900 | $522,610 |
| 61871 | Royal, IL 61871 | 18.5 mi | 2 | $519,800 | $259,900 | $259,900 |
| 61773 | Sibley, IL 61773 | 19.4 mi | 1 | $169,900 | $169,900 | $169,900 |
As of September 2026, there are 5 active listings in DEWEY, IL (zip code 61840), compared to 3 the prior year.
The median listing price in DEWEY, IL 61840 is $654,500 as of September 2026, a 27.3% decrease from $899,900 the prior year.
Homes in DEWEY, IL 61840 spend an average of 67 days on the market before going under contract, compared to 114 days the prior year.
Based on current inventory and days-on-market data as of September 2026, DEWEY, IL 61840 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 67 days on market compared to 114 days last year.
With SELL123.com's maximum 3% commission, sellers in DEWEY, IL 61840 save an estimated $13,090 compared to a typical 5% commission on the median listing price of $654,500. 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.