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GAYS, IL 61928

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

Market Analysis

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

The GAYS, IL real estate market (61928) currently shows 2 active listings, with 1 pending sales. Homes are averaging 97 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 97 days on market compared to 25 days last year.

The median listing price has risen 74.7% year-over-year, from $30,000 to $52,400.

Whether you are buying or selling in GAYS, 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: 643  ·  Density: 8.1/mi²  ·  Median household income: $78,333

Typical home value: $0  ·  Homeownership: 91.9%

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
1
50% pending ratio
Median Price
$52,400
⇧ 74.7% vs $30,000 last year
Average Price
$52,400
⇧ 74.7% vs $30,000 last year
Days on Market
97
⇧ 288% vs 25 days last year

Price Per Square Foot

Median $/sqft
$56
⇩ 25.3% vs $75/sqft last year
Median Home Size
930 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 1 last year
  • Days on market: 97 now vs 25 last year

Median & Average Pricing

Year over Year
  • Median: $52,400 (+74.7% YoY)
  • Average: $52,400 (+74.7% 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 25.7 miles — 171 listings ($42,250,761 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61928Gays, IL 619280.0 mi1$54,900$54,900$54,900
61938Mattoon, IL 619387.0 mi37$5,371,512$121,175$145,176
61951Sullivan, IL 6195110.4 mi15$3,073,830$168,175$204,922
61931Humboldt, IL 6193112.1 mi2$135,000$67,500$67,500
62565Shelbyville, IL 6256516.3 mi23$3,181,843$133,250$138,341
61911Arthur, IL 6191117.3 mi5$937,500$171,250$187,500
61920Charleston, IL 6192018.4 mi29$7,612,558$194,000$262,502
61914Bethany, IL 6191418.8 mi6$1,139,106$148,500$189,851
61937Lovington, IL 6193721.2 mi1$515,000$515,000$515,000
62401Effingham, IL 6240123.5 mi39$17,926,272$321,750$459,648
62571Tower Hill, IL 6257124.9 mi2$319,800$159,900$159,900
61912Ashmore, IL 6191225.5 mi5$921,800$174,899$184,360
61913Atwood, IL 6191325.7 mi6$1,061,640$159,900$176,940

Frequently Asked Questions

How many homes are for sale in GAYS, IL 61928?

As of March 2026, there are 2 active listings in GAYS, IL (zip code 61928), compared to 1 the prior year.

What is the median home price in GAYS, IL 61928?

The median listing price in GAYS, IL 61928 is $52,400 as of March 2026, a 74.7% increase from $30,000 the prior year.

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

Homes in GAYS, IL 61928 spend an average of 97 days on the market before going under contract, compared to 25 days the prior year.

Is it a seller's or buyer's market in GAYS, IL 61928?

Based on current inventory and days-on-market data as of March 2026, GAYS, IL 61928 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 97 days on market compared to 25 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GAYS, IL 61928 save an estimated $1,048 compared to a typical 5% commission on the median listing price of $52,400. 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.