Data as of April 2026. Source: Realtor.com.
The NEWMAN, IL real estate market (61942) currently shows 3 active listings, with 1 pending sales. Homes are averaging 168 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 168 days on market compared to 110 days last year.
The median listing price has risen 67% year-over-year, from $124,975 to $208,700.
Whether you are buying or selling in NEWMAN, 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: 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 April 2026, there are 3 active listings in NEWMAN, IL (zip code 61942), compared to 6 the prior year.
The median listing price in NEWMAN, IL 61942 is $208,700 as of April 2026, a 67% increase from $124,975 the prior year.
Homes in NEWMAN, IL 61942 spend an average of 168 days on the market before going under contract, compared to 110 days the prior year.
Based on current inventory and days-on-market data as of April 2026, NEWMAN, IL 61942 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 168 days on market compared to 110 days last year.
With SELL123.com's maximum 3% commission, sellers in NEWMAN, IL 61942 save an estimated $4,174 compared to a typical 5% commission on the median listing price of $208,700. 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.