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MULBERRY GROVE, IL 62262

Real Estate Market Report
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The MULBERRY GROVE, IL real estate market (62262) currently shows 4 active listings, with 2 pending sales. Homes are averaging 115 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 115 days on market compared to 12 days last year.

The median listing price has risen 27.1% year-over-year, from $145,000 to $184,350.

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Market Context

Market Context

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

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

Market Overview

Active Listings
4
⇧ 33.3% vs 3 last year
Pending
2
50% pending ratio
Median Price
$184,350
⇧ 27.1% vs $145,000 last year
Average Price
$364,750
⇧ 123.4% vs $163,300 last year
Days on Market
115
⇧ 858.3% vs 12 days last year

Price Per Square Foot

Median $/sqft
$140
⇧ 35.9% vs $103/sqft last year
Median Home Size
1,472 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 3 last year
  • Days on market: 115 now vs 12 last year

Median & Average Pricing

Year over Year
  • Median: $184,350 (+27.1% YoY)
  • Average: $364,750 (+123.4% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.4 miles — 78 listings ($14,043,248 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62262Mulberry Grove, IL 622620.0 mi1$110,000$110,000$110,000
62471Vandalia, IL 624717.5 mi28$5,442,780$154,875$194,385
62017Coffeen, IL 6201710.4 mi2$1,328,750$664,375$664,375
62892Vernon, IL 6289213.7 mi0$0$148,000$148,000
62077Panama, IL 6207714.8 mi2$50,000$25,000$25,000
62418Brownstown, IL 6241816.8 mi4$1,063,168$146,000$265,792
62086Sorento, IL 6208617.3 mi3$225,000$75,000$75,000
62051Irving, IL 6205119.7 mi3$515,400$75,000$171,800
62231Carlyle, IL 6223120.5 mi15$2,827,815$167,450$188,521
62094Witt, IL 6209421.6 mi7$515,375$54,750$73,625
62807Alma, IL 6280722.3 mi3$720,000$240,000$240,000
62458Saint Elmo, IL 6245823.1 mi8$814,960$75,000$101,870
62015Butler, IL 6201524.4 mi2$430,000$215,000$215,000

Frequently Asked Questions

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

As of September 2026, there are 4 active listings in MULBERRY GROVE, IL (zip code 62262), compared to 3 the prior year.

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

The median listing price in MULBERRY GROVE, IL 62262 is $184,350 as of September 2026, a 27.1% increase from $145,000 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 115 days on the market before going under contract, compared to 12 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 September 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 115 days on market compared to 12 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 $3,687 compared to a typical 5% commission on the median listing price of $184,350. 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.