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INDIANOLA, IL 61850

Real Estate Market Report  ·  Vermilion County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
1
Pending
0
0% pending ratio
Median Price
$39,900
Average Price
$39,900
Days on Market
20

Market Context

Population: 466  ·  Density: 5.4/mi²  ·  Median household income: $62,639

Typical home value: $64,167  ·  Homeownership: 97.1%

Market Analysis

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

The INDIANOLA, IL real estate market (61850) currently shows 1 active listings. Homes are averaging 20 days on the market before going under contract.

Whether you are buying or selling in INDIANOLA, 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

Median & Average Pricing

Year over Year

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 21.3 miles — 117 listings ($19,337,775 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61850Indianola, IL 618500.0 mi1$39,900$39,900$39,900
61870Ridge Farm, IL 618707.0 mi2$226,666$120,000$113,333
61846Georgetown, IL 618467.6 mi10$1,122,120$83,500$112,212
61883Westville, IL 618839.1 mi2$229,900$114,950$114,950
61924Chrisman, IL 6192410.7 mi7$1,710,303$139,500$244,329
61849Homer, IL 6184912.9 mi4$945,000$236,250$236,250
61858Oakwood, IL 6185814.0 mi5$733,665$151,250$146,733
61832Danville, IL 6183215.1 mi57$7,388,625$75,400$129,625
61942Newman, IL 6194216.1 mi4$920,000$135,000$230,000
47974Perrysville, IN 4797416.3 mi2$549,000$274,500$274,500
61834Danville, IL 6183417.1 mi6$1,121,100$176,750$186,850
61859Ogden, IL 6185919.1 mi3$988,500$329,500$329,500
61873Saint Joseph, IL 6187321.3 mi14$3,362,996$240,000$240,214

Frequently Asked Questions

How many homes are for sale in INDIANOLA, IL 61850?

As of January 2026, there are 1 active listings in INDIANOLA, IL (zip code 61850).

What is the median home price in INDIANOLA, IL 61850?

The median listing price in INDIANOLA, IL 61850 is $39,900 as of January 2026.

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

Homes in INDIANOLA, IL 61850 spend an average of 20 days on the market before going under contract.

Is it a seller's or buyer's market in INDIANOLA, IL 61850?

Based on current inventory and days-on-market data as of January 2026, INDIANOLA, IL 61850 is currently a Balanced Market.

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

With SELL123.com's maximum 3% commission, sellers in INDIANOLA, IL 61850 save an estimated $798 compared to a typical 5% commission on the median listing price of $39,900. 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.