Data as of September 2026. Source: Realtor.com.
The NEWMAN, IL real estate market (61942) currently shows 4 active listings, with 2 pending sales. Homes are averaging 50 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 50 days on market compared to 84 days last year.
The median listing price has fallen 44% year-over-year, from $187,450 to $104,950.
Population: 972 · Density: 5.4/mi² · Median household income: $71,101
Typical home value: $101,138 · Homeownership: 90.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 61942 | Newman, IL 61942 | 0.0 mi | 4 | $851,616 | $115,000 | $212,904 |
| 61816 | Broadlands, IL 61816 | 7.6 mi | 1 | $34,900 | $34,900 | $34,900 |
| 61810 | Allerton, IL 61810 | 8.1 mi | 1 | $410,000 | $410,000 | $410,000 |
| 61943 | Oakland, IL 61943 | 10.7 mi | 4 | $186,800 | $46,700 | $46,700 |
| 61930 | Hindsboro, IL 61930 | 11.4 mi | 0 | $0 | $70,000 | $70,000 |
| 61864 | Philo, IL 61864 | 13.5 mi | 6 | $1,814,700 | $302,450 | $302,450 |
| 61953 | Tuscola, IL 61953 | 15.0 mi | 19 | $4,984,536 | $225,000 | $262,344 |
| 61850 | Indianola, IL 61850 | 16.1 mi | 1 | $39,900 | $39,900 | $39,900 |
| 61910 | Arcola, IL 61910 | 18.4 mi | 3 | $1,110,000 | $370,000 | $370,000 |
| 61912 | Ashmore, IL 61912 | 19.9 mi | 5 | $921,800 | $174,899 | $184,360 |
| 61817 | Catlin, IL 61817 | 21.3 mi | 6 | $1,082,580 | $182,975 | $180,430 |
| 61870 | Ridge Farm, IL 61870 | 21.7 mi | 4 | $462,332 | $121,250 | $115,583 |
| 61802 | Urbana, IL 61802 | 22.5 mi | 68 | $22,748,380 | $284,200 | $334,535 |
As of September 2026, there are 4 active listings in NEWMAN, IL (zip code 61942), compared to 4 the prior year.
The median listing price in NEWMAN, IL 61942 is $104,950 as of September 2026, a 44% decrease from $187,450 the prior year.
Homes in NEWMAN, IL 61942 spend an average of 50 days on the market before going under contract, compared to 84 days the prior year.
Based on current inventory and days-on-market data as of September 2026, NEWMAN, IL 61942 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 50 days on market compared to 84 days last year.
With SELL123.com's maximum 3% commission, sellers in NEWMAN, IL 61942 save an estimated $2,099 compared to a typical 5% commission on the median listing price of $104,950. 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.