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PEARL, IL 62361

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

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$39,000
⇩ 73.5% vs $147,250 last year
Average Price
$39,000
⇩ 73.5% vs $147,250 last year
Days on Market
61
⇩ 25.6% vs 82 days last year

Market Context

Population: 330  ·  Density: 2.2/mi²  ·  Median household income: $52,000

Typical home value: $147,154  ·  Homeownership: 90.6%

Market Analysis

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

The PEARL, IL real estate market (62361) currently shows 1 active listings. Homes are averaging 61 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 61 days on market compared to 82 days last year.

The median listing price has fallen 73.5% year-over-year, from $147,250 to $39,000.

Whether you are buying or selling in PEARL, 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
  • Days on market: 61 now vs 82 last year

Median & Average Pricing

Year over Year
  • Median: $39,000 (-73.5% YoY)
  • Average: $39,000 (-73.5% 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 24.5 miles — 54 listings ($9,396,232 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62361Pearl, IL 623610.0 mi1$39,000$39,000$39,000
62355Nebo, IL 623559.1 mi3$1,486,500$495,500$495,500
62053Kampsville, IL 6205311.9 mi2$140,000$70,000$70,000
62092White Hall, IL 6209213.1 mi11$1,303,027$89,900$118,457
62070Mozier, IL 6207014.2 mi1$119,000$119,000$119,000
62340Griggsville, IL 6234016.9 mi4$1,243,900$117,500$310,975
62027Eldred, IL 6202717.2 mi1$278,750$278,750$278,750
62065Michael, IL 6206517.9 mi1$55,000$55,000$55,000
62016Carrollton, IL 6201618.0 mi16$2,653,904$139,000$165,869
62370Rockport, IL 6237019.1 mi2$415,000$207,500$207,500
62668Murrayville, IL 6266822.4 mi2$400,000$200,000$200,000
62665Meredosia, IL 6266523.4 mi3$269,901$105,000$89,967
62047Hardin, IL 6204724.5 mi7$992,250$130,000$141,750

Frequently Asked Questions

How many homes are for sale in PEARL, IL 62361?

As of January 2026, there are 1 active listings in PEARL, IL (zip code 62361), compared to 1 the prior year.

What is the median home price in PEARL, IL 62361?

The median listing price in PEARL, IL 62361 is $39,000 as of January 2026, a 73.5% decrease from $147,250 the prior year.

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

Homes in PEARL, IL 62361 spend an average of 61 days on the market before going under contract, compared to 82 days the prior year.

Is it a seller's or buyer's market in PEARL, IL 62361?

Based on current inventory and days-on-market data as of January 2026, PEARL, IL 62361 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 61 days on market compared to 82 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PEARL, IL 62361 save an estimated $780 compared to a typical 5% commission on the median listing price of $39,000. 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.