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OKAWVILLE, IL 62271

Real Estate Market Report  ·  Washington County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The OKAWVILLE, IL real estate market (62271) currently shows 3 active listings, with 1 pending sales. Homes are averaging 134 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 134 days on market compared to 11 days last year.

The median listing price has risen 45.9% year-over-year, from $184,250 to $268,750.

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Market Context

Market Context

Population: 1,994  ·  Density: 12.2/mi²  ·  Median household income: $70,625

Typical home value: $171,580  ·  Homeownership: 80.5%

Market Overview

Active Listings
3
⇩ 40% vs 5 last year
Pending
1
33% pending ratio
Median Price
$268,750
⇧ 45.9% vs $184,250 last year
Average Price
$260,949
⇧ 23.8% vs $210,854 last year
Days on Market
134
⇧ 1118.2% vs 11 days last year

Price Per Square Foot

Median $/sqft
$78
⇩ 38.6% vs $127/sqft last year
Median Home Size
3,184 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 5 last year
  • Days on market: 134 now vs 11 last year

Median & Average Pricing

Year over Year
  • Median: $268,750 (+45.9% YoY)
  • Average: $260,949 (+23.8% 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 21.0 miles — 144 listings ($45,640,785 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62271Okawville, IL 622710.0 mi4$1,596,000$399,000$399,000
62214Addieville, IL 622146.3 mi1$260,000$260,000$260,000
62245Germantown, IL 622458.0 mi1$245,000$245,000$245,000
62263Nashville, IL 6226310.1 mi11$3,355,858$257,425$305,078
62282Saint Libory, IL 6228211.9 mi3$1,336,899$445,633$445,633
62216Aviston, IL 6221613.5 mi3$793,350$264,450$264,450
62230Breese, IL 6223013.7 mi13$3,687,021$285,000$283,617
62250Hoffman, IL 6225015.6 mi1$179,500$179,500$179,500
62255Lenzburg, IL 6225516.5 mi1$16,500$16,500$16,500
62877Richview, IL 6287717.5 mi2$219,400$109,700$109,700
62292Tilden, IL 6229218.0 mi1$215,000$215,000$215,000
62243Freeburg, IL 6224320.0 mi14$4,059,118$298,925$289,937
62221Belleville, IL 6222121.0 mi89$29,677,139$263,650$333,451

Frequently Asked Questions

How many homes are for sale in OKAWVILLE, IL 62271?

As of September 2026, there are 3 active listings in OKAWVILLE, IL (zip code 62271), compared to 5 the prior year.

What is the median home price in OKAWVILLE, IL 62271?

The median listing price in OKAWVILLE, IL 62271 is $268,750 as of September 2026, a 45.9% increase from $184,250 the prior year.

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

Homes in OKAWVILLE, IL 62271 spend an average of 134 days on the market before going under contract, compared to 11 days the prior year.

Is it a seller's or buyer's market in OKAWVILLE, IL 62271?

Based on current inventory and days-on-market data as of September 2026, OKAWVILLE, IL 62271 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 134 days on market compared to 11 days last year.

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

With SELL123.com's maximum 3% commission, sellers in OKAWVILLE, IL 62271 save an estimated $5,375 compared to a typical 5% commission on the median listing price of $268,750. 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.