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THOMASBORO, IL 61878

Real Estate Market Report  ·  Champaign County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The THOMASBORO, IL real estate market (61878) currently shows 5 active listings, with 1 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 68 days on market compared to 4 days last year.

The median listing price has fallen 46% year-over-year, from $249,900 to $134,950.

Whether you are buying or selling in THOMASBORO, 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 Context

Market Context

Population: 1,217  ·  Density: 16.8/mi²  ·  Median household income: $70,441

Typical home value: $115,400  ·  Homeownership: 82.4%

Market Overview

Active Listings
5
⇧ 400% vs 1 last year
Pending
1
20% pending ratio
Median Price
$134,950
⇩ 46% vs $249,900 last year
Average Price
$129,838
⇩ 48% vs $249,900 last year
Days on Market
68
⇧ 1600% vs 4 days last year

Price Per Square Foot

Median $/sqft
$87
⇩ 3.3% vs $90/sqft last year
Median Home Size
1,451 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 1 last year
  • Days on market: 68 now vs 4 last year

Median & Average Pricing

Year over Year
  • Median: $134,950 (-46% YoY)
  • Average: $129,838 (-48% YoY)

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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.9 miles — 242 listings ($94,081,767 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61878Thomasboro, IL 618780.0 mi4$522,576$129,900$130,644
61802Urbana, IL 618028.1 mi68$22,748,380$284,200$334,535
61840Dewey, IL 618408.9 mi1$100,000$100,000$100,000
61801Urbana, IL 618019.6 mi35$10,752,455$287,725$307,213
60949Ludlow, IL 6094910.0 mi1$76,500$76,500$76,500
61822Champaign, IL 6182210.8 mi75$36,627,675$464,125$488,369
61859Ogden, IL 6185911.7 mi2$742,600$454,900$371,300
61812Armstrong, IL 6181213.8 mi1$150,875$150,875$150,875
61853Mahomet, IL 6185314.1 mi43$18,065,590$419,950$420,130
61845Foosland, IL 6184516.1 mi1$232,450$232,450$232,450
61875Seymour, IL 6187517.2 mi3$1,845,000$615,000$615,000
61864Philo, IL 6186417.9 mi6$1,814,700$302,450$302,450
61865Potomac, IL 6186518.9 mi2$402,966$199,000$201,483

Frequently Asked Questions

How many homes are for sale in THOMASBORO, IL 61878?

As of March 2026, there are 5 active listings in THOMASBORO, IL (zip code 61878), compared to 1 the prior year.

What is the median home price in THOMASBORO, IL 61878?

The median listing price in THOMASBORO, IL 61878 is $134,950 as of March 2026, a 46% decrease from $249,900 the prior year.

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

Homes in THOMASBORO, IL 61878 spend an average of 68 days on the market before going under contract, compared to 4 days the prior year.

Is it a seller's or buyer's market in THOMASBORO, IL 61878?

Based on current inventory and days-on-market data as of March 2026, THOMASBORO, IL 61878 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 68 days on market compared to 4 days last year.

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

With SELL123.com's maximum 3% commission, sellers in THOMASBORO, IL 61878 save an estimated $2,699 compared to a typical 5% commission on the median listing price of $134,950. 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.