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STEELEVILLE, IL 62288

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

Market Overview

Active Listings
8
⇧ 300% vs 2 last year
Pending
3
38% pending ratio
Median Price
$139,900
⇩ 48.1% vs $269,500 last year
Average Price
$147,150
⇩ 45.4% vs $269,500 last year
Days on Market
50
⇩ 72.4% vs 181 days last year

Market Context

Population: 2,701  ·  Density: 28.3/mi²  ·  Median household income: $62,083

Typical home value: $152,643  ·  Homeownership: 78.8%

Market Analysis

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

The STEELEVILLE, IL real estate market (62288) currently shows 8 active listings, with 3 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 50 days on market compared to 181 days last year.

The median listing price has fallen 48.1% year-over-year, from $269,500 to $139,900.

Whether you are buying or selling in STEELEVILLE, 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: 8 this year vs 2 last year
  • Days on market: 50 now vs 181 last year

Median & Average Pricing

Year over Year
  • Median: $139,900 (-48.1% YoY)
  • Average: $147,150 (-45.4% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.4 miles — 81 listings ($13,321,774 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62288Steeleville, IL 622880.0 mi8$1,177,200$139,900$147,150
62997Willisville, IL 629975.5 mi1$30,000$30,000$30,000
62916Campbell Hill, IL 629167.7 mi1$639,900$639,900$639,900
62241Ellis Grove, IL 6224110.9 mi2$280,000$140,000$140,000
62907Ava, IL 6290713.7 mi2$507,000$253,500$253,500
62292Tilden, IL 6229215.2 mi4$210,000$52,500$52,500
62274Pinckneyville, IL 6227417.3 mi18$3,188,844$139,900$177,158
62257Marissa, IL 6225720.0 mi10$1,340,250$152,400$134,025
62278Red Bud, IL 6227821.9 mi8$1,240,000$140,000$155,000
62940Gorham, IL 6294022.1 mi2$151,500$75,750$75,750
63748Frohna, MO 6374822.8 mi3$989,700$329,900$329,900
62832Du Quoin, IL 6283224.1 mi20$3,454,380$106,375$172,719
62927Dowell, IL 6292724.4 mi2$113,000$56,500$56,500

Frequently Asked Questions

How many homes are for sale in STEELEVILLE, IL 62288?

As of January 2026, there are 8 active listings in STEELEVILLE, IL (zip code 62288), compared to 2 the prior year.

What is the median home price in STEELEVILLE, IL 62288?

The median listing price in STEELEVILLE, IL 62288 is $139,900 as of January 2026, a 48.1% decrease from $269,500 the prior year.

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

Homes in STEELEVILLE, IL 62288 spend an average of 50 days on the market before going under contract, compared to 181 days the prior year.

Is it a seller's or buyer's market in STEELEVILLE, IL 62288?

Based on current inventory and days-on-market data as of January 2026, STEELEVILLE, IL 62288 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 50 days on market compared to 181 days last year.

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

With SELL123.com's maximum 3% commission, sellers in STEELEVILLE, IL 62288 save an estimated $2,798 compared to a typical 5% commission on the median listing price of $139,900. 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.