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NEWMAN, IL 61942

Real Estate Market Report  ·  Douglas County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
4
⇩ 20% vs 5 last year
Pending
1
25% pending ratio
Median Price
$135,000
⇩ 1.3% vs $136,750 last year
Average Price
$230,000
⇧ 68.2% vs $136,750 last year
Days on Market
72
⇧ 46.9% vs 49 days last year

Market Context

Population: 972  ·  Density: 5.4/mi²  ·  Median household income: $71,101

Typical home value: $101,138  ·  Homeownership: 90.9%

Market Analysis

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

The NEWMAN, IL real estate market (61942) currently shows 4 active listings, with 1 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 72 days on market compared to 49 days last year.

The median listing price has fallen 1.3% year-over-year, from $136,750 to $135,000.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 5 last year
  • Days on market: 72 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $135,000 (-1.3% YoY)
  • Average: $230,000 (+68.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.7 miles — 51 listings ($12,031,791 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61942Newman, IL 619420.0 mi4$920,000$135,000$230,000
61816Broadlands, IL 618167.6 mi1$38,500$38,500$38,500
61810Allerton, IL 618108.1 mi1$430,000$430,000$430,000
61943Oakland, IL 6194310.7 mi6$1,977,000$329,500$329,500
61930Hindsboro, IL 6193011.4 mi1$70,000$70,000$70,000
61864Philo, IL 6186413.5 mi5$1,776,085$274,900$355,217
61953Tuscola, IL 6195315.0 mi18$4,677,858$240,000$259,881
61850Indianola, IL 6185016.1 mi1$39,900$39,900$39,900
61841Fairmount, IL 6184117.6 mi1$83,450$83,450$83,450
61933Kansas, IL 6193318.9 mi2$190,000$95,000$95,000
61912Ashmore, IL 6191219.9 mi5$926,800$180,000$185,360
61817Catlin, IL 6181721.3 mi4$675,532$177,500$168,883
61870Ridge Farm, IL 6187021.7 mi2$226,666$120,000$113,333

Frequently Asked Questions

How many homes are for sale in NEWMAN, IL 61942?

As of January 2026, there are 4 active listings in NEWMAN, IL (zip code 61942), compared to 5 the prior year.

What is the median home price in NEWMAN, IL 61942?

The median listing price in NEWMAN, IL 61942 is $135,000 as of January 2026, a 1.3% decrease from $136,750 the prior year.

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

Homes in NEWMAN, IL 61942 spend an average of 72 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in NEWMAN, IL 61942?

Based on current inventory and days-on-market data as of January 2026, NEWMAN, IL 61942 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 72 days on market compared to 49 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NEWMAN, IL 61942 save an estimated $2,700 compared to a typical 5% commission on the median listing price of $135,000. 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.