Data as of July 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.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 97 days on market compared to 8 days last year.
The median listing price has fallen 24.1% year-over-year, from $382,000 to $289,900.
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.
Population: 680 · Density: 5.7/mi² · Median household income: $59,643
Typical home value: $99,872 · Homeownership: 86.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62349 | Loraine, IL 62349 | 0.0 mi | 1 | $289,900 | $289,900 | $289,900 |
| 62351 | Mendon, IL 62351 | 5.3 mi | 4 | $633,000 | $174,500 | $158,250 |
| 62339 | Golden, IL 62339 | 8.8 mi | 3 | $517,500 | $172,500 | $172,500 |
| 62359 | Paloma, IL 62359 | 9.5 mi | 1 | $243,900 | $243,900 | $243,900 |
| 62320 | Camp Point, IL 62320 | 11.8 mi | 5 | $1,738,165 | $178,000 | $347,633 |
| 62379 | Warsaw, IL 62379 | 12.9 mi | 14 | $2,919,532 | $155,500 | $208,538 |
| 62311 | Augusta, IL 62311 | 15.1 mi | 1 | $74,000 | $74,000 | $74,000 |
| 62321 | Carthage, IL 62321 | 17.3 mi | 16 | $2,108,096 | $133,450 | $131,756 |
| 62305 | Quincy, IL 62305 | 18.3 mi | 55 | $19,770,080 | $309,250 | $359,456 |
| 62301 | Quincy, IL 62301 | 19.2 mi | 93 | $18,866,724 | $157,450 | $202,868 |
| 63435 | Canton, MO 63435 | 20.3 mi | 8 | $4,326,520 | $433,750 | $540,815 |
| 63448 | La Grange, MO 63448 | 21.4 mi | 3 | $180,000 | $60,000 | $60,000 |
| 62374 | Tennessee, IL 62374 | 22.4 mi | 1 | $449,000 | $449,000 | $449,000 |
As of July 2026, there are 1 active listings in LORAINE, IL (zip code 62349), compared to 3 the prior year.
The median listing price in LORAINE, IL 62349 is $289,900 as of July 2026, a 24.1% decrease from $382,000 the prior year.
Homes in LORAINE, IL 62349 spend an average of 97 days on the market before going under contract, compared to 8 days the prior year.
Based on current inventory and days-on-market data as of July 2026, LORAINE, IL 62349 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 97 days on market compared to 8 days last year.
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.