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MULBERRY GROVE, IL 62262

Real Estate Market Report  ·  Bond County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
1
50% pending ratio
Median Price
$64,950
⇩ 66.7% vs $195,000 last year
Average Price
$64,950
⇩ 66.7% vs $195,000 last year
Days on Market
75
⇧ 476.9% vs 13 days last year

Market Context

Population: 1,854  ·  Density: 10.7/mi²  ·  Median household income: $55,273

Typical home value: $107,740  ·  Homeownership: 86.1%

Market Analysis

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

The MULBERRY GROVE, IL real estate market (62262) currently shows 2 active listings, with 1 pending sales. Homes are averaging 75 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 75 days on market compared to 13 days last year.

The median listing price has fallen 66.7% year-over-year, from $195,000 to $64,950.

Whether you are buying or selling in MULBERRY 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: 75 now vs 13 last year

Median & Average Pricing

Year over Year
  • Median: $64,950 (-66.7% YoY)
  • Average: $64,950 (-66.7% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.0 miles — 75 listings ($13,410,712 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62262Mulberry Grove, IL 622620.0 mi2$129,900$64,950$64,950
62471Vandalia, IL 624717.5 mi31$5,244,518$140,000$169,178
62017Coffeen, IL 6201710.4 mi2$1,330,000$665,000$665,000
62892Vernon, IL 6289213.7 mi1$148,000$148,000$148,000
62077Panama, IL 6207714.8 mi2$224,900$112,450$112,450
62418Brownstown, IL 6241816.8 mi4$318,000$79,500$79,500
62089Taylor Springs, IL 6208917.3 mi1$66,000$66,000$66,000
62049Hillsboro, IL 6204917.6 mi18$3,978,360$137,000$221,020
62091Walshville, IL 6209120.2 mi1$435,000$435,000$435,000
62880Saint Peter, IL 6288021.2 mi3$504,900$190,000$168,300
62074New Douglas, IL 6207422.3 mi1$35,284$35,284$35,284
62882Sandoval, IL 6288222.4 mi5$646,250$141,250$129,250
62870Odin, IL 6287024.0 mi4$349,600$87,400$87,400

Frequently Asked Questions

How many homes are for sale in MULBERRY GROVE, IL 62262?

As of January 2026, there are 2 active listings in MULBERRY GROVE, IL (zip code 62262), compared to 1 the prior year.

What is the median home price in MULBERRY GROVE, IL 62262?

The median listing price in MULBERRY GROVE, IL 62262 is $64,950 as of January 2026, a 66.7% decrease from $195,000 the prior year.

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

Homes in MULBERRY GROVE, IL 62262 spend an average of 75 days on the market before going under contract, compared to 13 days the prior year.

Is it a seller's or buyer's market in MULBERRY GROVE, IL 62262?

Based on current inventory and days-on-market data as of January 2026, MULBERRY GROVE, IL 62262 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 75 days on market compared to 13 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MULBERRY GROVE, IL 62262 save an estimated $1,299 compared to a typical 5% commission on the median listing price of $64,950. 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.