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MENDON, IL 62351

Real Estate Market Report  ·  Adams County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
⇧ 50% vs 2 last year
Pending
0
0% pending ratio
Median Price
$160,000
⇩ 24.3% vs $211,250 last year
Average Price
$224,500
⇧ 6.3% vs $211,250 last year
Days on Market
180
⇧ 93.5% vs 93 days last year

Market Context

Population: 1,934  ·  Density: 10.3/mi²  ·  Median household income: $76,071

Typical home value: $143,288  ·  Homeownership: 87.9%

Market Analysis

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

The MENDON, IL real estate market (62351) currently shows 3 active listings. Homes are averaging 180 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 180 days on market compared to 93 days last year.

The median listing price has fallen 24.3% year-over-year, from $211,250 to $160,000.

Whether you are buying or selling in MENDON, 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: 3 this year vs 2 last year
  • Days on market: 180 now vs 93 last year

Median & Average Pricing

Year over Year
  • Median: $160,000 (-24.3% YoY)
  • Average: $224,500 (+6.3% 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 22.7 miles — 107 listings ($31,896,885 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62351Mendon, IL 623510.0 mi3$673,500$160,000$224,500
62359Paloma, IL 623596.4 mi2$329,800$164,900$164,900
62376Ursa, IL 623767.4 mi2$1,650,000$825,000$825,000
62380West Point, IL 623809.8 mi1$109,900$109,900$109,900
62339Golden, IL 6233912.0 mi1$259,000$259,000$259,000
62305Quincy, IL 6230513.4 mi60$19,730,400$264,500$328,840
63448La Grange, MO 6344816.4 mi2$334,000$167,000$167,000
63435Canton, MO 6343517.7 mi9$3,404,025$279,000$378,225
62324Clayton, IL 6232418.2 mi4$1,491,200$157,400$372,800
62347Liberty, IL 6234719.5 mi1$375,000$375,000$375,000
62360Payson, IL 6236020.5 mi5$899,500$179,900$179,900
62321Carthage, IL 6232122.1 mi16$2,370,560$135,500$148,160
62365Plainville, IL 6236522.7 mi1$270,000$270,000$270,000

Frequently Asked Questions

How many homes are for sale in MENDON, IL 62351?

As of January 2026, there are 3 active listings in MENDON, IL (zip code 62351), compared to 2 the prior year.

What is the median home price in MENDON, IL 62351?

The median listing price in MENDON, IL 62351 is $160,000 as of January 2026, a 24.3% decrease from $211,250 the prior year.

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

Homes in MENDON, IL 62351 spend an average of 180 days on the market before going under contract, compared to 93 days the prior year.

Is it a seller's or buyer's market in MENDON, IL 62351?

Based on current inventory and days-on-market data as of January 2026, MENDON, IL 62351 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 180 days on market compared to 93 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MENDON, IL 62351 save an estimated $3,200 compared to a typical 5% commission on the median listing price of $160,000. 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.