Data as of May 2026. Source: Realtor.com.
The PENFIELD, IL real estate market (61862) currently shows 1 active listings, with 1 pending sales. Homes are averaging 42 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 42 days on market compared to 29 days last year.
The median listing price has risen 139.9% year-over-year, from $75,000 to $179,900.
Whether you are buying or selling in PENFIELD, 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: 694 · Density: 6.7/mi² · Median household income: $135,096
Typical home value: $129,520 · Homeownership: 88.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 61847 | Gifford, IL 61847 | 3.4 mi | 2 | $322,000 | $161,000 | $161,000 |
| 61865 | Potomac, IL 61865 | 7.9 mi | 2 | $402,966 | $199,000 | $201,483 |
| 60949 | Ludlow, IL 60949 | 9.5 mi | 1 | $76,500 | $76,500 | $76,500 |
| 61859 | Ogden, IL 61859 | 10.7 mi | 2 | $742,600 | $454,900 | $371,300 |
| 61878 | Thomasboro, IL 61878 | 11.4 mi | 4 | $522,576 | $129,900 | $130,644 |
| 60957 | Paxton, IL 60957 | 13.7 mi | 18 | $3,002,526 | $144,925 | $166,807 |
| 61802 | Urbana, IL 61802 | 16.3 mi | 68 | $22,748,380 | $284,200 | $334,535 |
| 60948 | Loda, IL 60948 | 16.5 mi | 8 | $2,140,632 | $253,550 | $267,579 |
| 61840 | Dewey, IL 61840 | 18.5 mi | 1 | $100,000 | $100,000 | $100,000 |
| 61834 | Danville, IL 61834 | 19.1 mi | 5 | $887,500 | $177,500 | $177,500 |
| 60933 | Elliott, IL 60933 | 20.2 mi | 1 | $97,500 | $97,500 | $97,500 |
| 61820 | Champaign, IL 61820 | 20.4 mi | 26 | $8,667,724 | $168,950 | $333,374 |
| 61832 | Danville, IL 61832 | 20.6 mi | 50 | $6,877,350 | $77,925 | $137,547 |
As of May 2026, there are 1 active listings in PENFIELD, IL (zip code 61862), compared to 1 the prior year.
The median listing price in PENFIELD, IL 61862 is $179,900 as of May 2026, a 139.9% increase from $75,000 the prior year.
Homes in PENFIELD, IL 61862 spend an average of 42 days on the market before going under contract, compared to 29 days the prior year.
Based on current inventory and days-on-market data as of May 2026, PENFIELD, IL 61862 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 42 days on market compared to 29 days last year.
With SELL123.com's maximum 3% commission, sellers in PENFIELD, IL 61862 save an estimated $3,598 compared to a typical 5% commission on the median listing price of $179,900. 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.