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ELLIS GROVE, IL 62241

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

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
1
50% pending ratio
Median Price
$140,000
⇧ 205% vs $45,900 last year
Average Price
$140,000
⇧ 205% vs $45,900 last year
Days on Market
12
⇩ 93.9% vs 197 days last year

Market Context

Population: 900  ·  Density: 9.1/mi²  ·  Median household income: $83,021

Typical home value: $142,274  ·  Homeownership: 92.0%

Market Analysis

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

The ELLIS GROVE, IL real estate market (62241) currently shows 2 active listings, with 1 pending sales. Homes are averaging 12 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 selling faster, averaging 12 days on market compared to 197 days last year.

The median listing price has risen 205% year-over-year, from $45,900 to $140,000.

Whether you are buying or selling in ELLIS GROVE, 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: 2 this year vs 1 last year
  • Days on market: 12 now vs 197 last year

Median & Average Pricing

Year over Year
  • Median: $140,000 (+205% YoY)
  • Average: $140,000 (+205% 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 25.4 miles — 113 listings ($27,189,737 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62241Ellis Grove, IL 622410.0 mi2$280,000$140,000$140,000
62233Chester, IL 622337.6 mi23$4,876,874$165,000$212,038
62286Sparta, IL 6228611.8 mi24$4,218,264$155,000$175,761
62278Red Bud, IL 6227814.3 mi8$1,240,000$140,000$155,000
62997Willisville, IL 6299716.4 mi1$30,000$30,000$30,000
62292Tilden, IL 6229217.7 mi4$210,000$52,500$52,500
62916Campbell Hill, IL 6291618.2 mi1$639,900$639,900$639,900
62257Marissa, IL 6225720.2 mi10$1,340,250$152,400$134,025
62264New Athens, IL 6226420.9 mi6$1,527,498$262,250$254,583
63775Perryville, MO 6377521.0 mi29$11,854,185$344,450$408,765
62255Lenzburg, IL 6225521.4 mi1$16,500$16,500$16,500
62256Maeystown, IL 6225623.7 mi2$470,000$235,000$235,000
62282Saint Libory, IL 6228225.4 mi2$486,266$243,133$243,133

Frequently Asked Questions

How many homes are for sale in ELLIS GROVE, IL 62241?

As of January 2026, there are 2 active listings in ELLIS GROVE, IL (zip code 62241), compared to 1 the prior year.

What is the median home price in ELLIS GROVE, IL 62241?

The median listing price in ELLIS GROVE, IL 62241 is $140,000 as of January 2026, a 205% increase from $45,900 the prior year.

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

Homes in ELLIS GROVE, IL 62241 spend an average of 12 days on the market before going under contract, compared to 197 days the prior year.

Is it a seller's or buyer's market in ELLIS GROVE, IL 62241?

Based on current inventory and days-on-market data as of January 2026, ELLIS GROVE, IL 62241 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 12 days on market compared to 197 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ELLIS GROVE, IL 62241 save an estimated $2,800 compared to a typical 5% commission on the median listing price of $140,000. 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.