Call or Text (240) SELL-123

LORAINE, IL 62349

Real Estate Market Report  ·  Adams County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The LORAINE, IL real estate market (62349) currently shows 1 active listings, with 1 pending sales. Homes are averaging 97 days on the market before going under contract.

Whether you are buying or selling in LORAINE, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for LORAINE, IL 62349 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 680  ·  Density: 5.7/mi²  ·  Median household income: $59,643

Typical home value: $99,872  ·  Homeownership: 86.4%

Market Overview

Active Listings
1
Pending
1
100% pending ratio
Median Price
$289,900
Average Price
$289,900
Days on Market
97

Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year

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 22.4 miles — 205 listings ($52,116,417 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62349Loraine, IL 623490.0 mi1$289,900$289,900$289,900
62351Mendon, IL 623515.3 mi4$633,000$174,500$158,250
62339Golden, IL 623398.8 mi3$517,500$172,500$172,500
62359Paloma, IL 623599.5 mi1$243,900$243,900$243,900
62320Camp Point, IL 6232011.8 mi5$1,738,165$178,000$347,633
62379Warsaw, IL 6237912.9 mi14$2,919,532$155,500$208,538
62311Augusta, IL 6231115.1 mi1$74,000$74,000$74,000
62321Carthage, IL 6232117.3 mi16$2,108,096$133,450$131,756
62305Quincy, IL 6230518.3 mi55$19,770,080$309,250$359,456
62301Quincy, IL 6230119.2 mi93$18,866,724$157,450$202,868
63435Canton, MO 6343520.3 mi8$4,326,520$433,750$540,815
63448La Grange, MO 6344821.4 mi3$180,000$60,000$60,000
62374Tennessee, IL 6237422.4 mi1$449,000$449,000$449,000

Frequently Asked Questions

How many homes are for sale in LORAINE, IL 62349?

As of March 2026, there are 1 active listings in LORAINE, IL (zip code 62349).

What is the median home price in LORAINE, IL 62349?

The median listing price in LORAINE, IL 62349 is $289,900 as of March 2026.

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

Homes in LORAINE, IL 62349 spend an average of 97 days on the market before going under contract.

Is it a seller's or buyer's market in LORAINE, IL 62349?

Based on current inventory and days-on-market data as of March 2026, LORAINE, IL 62349 is currently a Balanced Market.

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

With SELL123.com's maximum 3% commission, sellers in LORAINE, IL 62349 save an estimated $5,798 compared to a typical 5% commission on the median listing price of $289,900. 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.