Data as of September 2026. Source: Realtor.com.
The PENFIELD, IL real estate market (61862) currently shows 3 active listings, with 1 pending sales. Homes are averaging 38 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 38 days on market compared to 30 days last year.
The median listing price has risen 18% year-over-year, from $194,975 to $230,000.
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 September 2026, there are 3 active listings in PENFIELD, IL (zip code 61862), compared to 3 the prior year.
The median listing price in PENFIELD, IL 61862 is $230,000 as of September 2026, a 18% increase from $194,975 the prior year.
Homes in PENFIELD, IL 61862 spend an average of 38 days on the market before going under contract, compared to 30 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PENFIELD, IL 61862 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 38 days on market compared to 30 days last year.
With SELL123.com's maximum 3% commission, sellers in PENFIELD, IL 61862 save an estimated $4,600 compared to a typical 5% commission on the median listing price of $230,000. 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.