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EFFINGHAM, IL 62401

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The EFFINGHAM, IL real estate market (62401) currently shows 45 active listings, with 10 pending sales. Homes are averaging 74 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 74 days on market compared to 77 days last year.

The median listing price has risen 14.8% year-over-year, from $315,000 to $361,725.

Whether you are buying or selling in EFFINGHAM, 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 Context

Market Context

Population: 19,240  ·  Density: 71.5/mi²  ·  Median household income: $72,438

Typical home value: $182,631  ·  Homeownership: 73.0%

Market Overview

Active Listings
45
⇩ 10% vs 50 last year
Pending
10
22% pending ratio
Median Price
$361,725
⇧ 14.8% vs $315,000 last year
Average Price
$534,998
⇧ 19.3% vs $448,536 last year
Days on Market
74
⇩ 3.9% vs 77 days last year

Price Per Square Foot

Median $/sqft
$141
⇧ 13.7% vs $124/sqft last year
Median Home Size
2,314 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 45 this year vs 50 last year
  • Days on market: 74 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $361,725 (+14.8% YoY)
  • Average: $534,998 (+19.3% 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
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 25.3 miles — 84 listings ($27,481,049 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62401Effingham, IL 624010.0 mi39$17,926,272$321,750$459,648
62467Teutopolis, IL 624677.0 mi1$178,000$178,000$178,000
62411Altamont, IL 624119.5 mi12$3,194,532$183,688$266,211
62424Dieterich, IL 6242411.9 mi2$990,000$495,000$495,000
62447Neoga, IL 6244714.9 mi3$532,200$177,400$177,400
62465Strasburg, IL 6246516.2 mi1$139,900$139,900$139,900
62422Cowden, IL 6242219.1 mi2$438,400$219,200$219,200
62838Farina, IL 6283819.9 mi3$414,825$130,950$138,275
61957Windsor, IL 6195722.3 mi6$1,004,670$144,900$167,445
62418Brownstown, IL 6241823.0 mi4$1,063,168$146,000$265,792
61928Gays, IL 6192823.5 mi1$54,900$54,900$54,900
62431Herrick, IL 6243124.2 mi2$308,750$154,375$154,375
62428Greenup, IL 6242825.3 mi8$1,235,432$139,000$154,429

Frequently Asked Questions

How many homes are for sale in EFFINGHAM, IL 62401?

As of March 2026, there are 45 active listings in EFFINGHAM, IL (zip code 62401), compared to 50 the prior year.

What is the median home price in EFFINGHAM, IL 62401?

The median listing price in EFFINGHAM, IL 62401 is $361,725 as of March 2026, a 14.8% increase from $315,000 the prior year.

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

Homes in EFFINGHAM, IL 62401 spend an average of 74 days on the market before going under contract, compared to 77 days the prior year.

Is it a seller's or buyer's market in EFFINGHAM, IL 62401?

Based on current inventory and days-on-market data as of March 2026, EFFINGHAM, IL 62401 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 74 days on market compared to 77 days last year.

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

With SELL123.com's maximum 3% commission, sellers in EFFINGHAM, IL 62401 save an estimated $7,235 compared to a typical 5% commission on the median listing price of $361,725. 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.