Data as of March 2026. Source: Realtor.com.
The DEWEY, IL real estate market (61840) currently shows 1 active listings, with 1 pending sales. Homes are averaging 105 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 105 days on market compared to 4 days last year.
The median listing price has fallen 60% year-over-year, from $250,000 to $100,000.
Whether you are buying or selling in DEWEY, 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.
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 March 2026, there are 1 active listings in DEWEY, IL (zip code 61840), compared to 1 the prior year.
The median listing price in DEWEY, IL 61840 is $100,000 as of March 2026, a 60% decrease from $250,000 the prior year.
Homes in DEWEY, IL 61840 spend an average of 105 days on the market before going under contract, compared to 4 days the prior year.
Based on current inventory and days-on-market data as of March 2026, DEWEY, IL 61840 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 105 days on market compared to 4 days last year.
With SELL123.com's maximum 3% commission, sellers in DEWEY, IL 61840 save an estimated $2,000 compared to a typical 5% commission on the median listing price of $100,000. 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.