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EFFINGHAM, IL 62401

Real Estate Market Report  ·  Effingham County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
42
⇩ 22.2% vs 54 last year
Pending
7
17% pending ratio
Median Price
$305,000
⇩ 8.3% vs $332,750 last year
Average Price
$420,282
⇩ 12.6% vs $480,692 last year
Days on Market
63
⇩ 30% vs 90 days last year

Market Context

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

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

Market Analysis

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

The EFFINGHAM, IL real estate market (62401) currently shows 42 active listings, with 7 pending sales. Homes are averaging 63 days on the market before going under contract.

Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 63 days on market compared to 90 days last year.

The median listing price has fallen 8.3% year-over-year, from $332,750 to $305,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 42 this year vs 54 last year
  • Days on market: 63 now vs 90 last year

Median & Average Pricing

Year over Year
  • Median: $305,000 (-8.3% YoY)
  • Average: $420,282 (-12.6% 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 25.3 miles — 118 listings ($31,692,365 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62401Effingham, IL 624010.0 mi42$17,651,844$305,000$420,282
62467Teutopolis, IL 624677.0 mi1$181,500$181,500$181,500
62411Altamont, IL 624119.5 mi10$2,809,610$200,000$280,961
62443Mason, IL 6244311.9 mi2$679,800$339,900$339,900
62447Neoga, IL 6244714.9 mi2$349,400$174,700$174,700
62465Strasburg, IL 6246516.2 mi1$289,900$289,900$289,900
62422Cowden, IL 6242219.1 mi2$448,400$224,200$224,200
62838Farina, IL 6283819.9 mi5$994,835$187,000$198,967
61957Windsor, IL 6195722.3 mi5$678,600$129,900$135,720
62448Newton, IL 6244823.2 mi13$2,593,968$185,000$199,536
62565Shelbyville, IL 6256524.0 mi24$3,443,472$139,500$143,478
62880Saint Peter, IL 6288024.5 mi3$504,900$190,000$168,300
62428Greenup, IL 6242825.3 mi8$1,066,136$133,500$133,267

Frequently Asked Questions

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

As of January 2026, there are 42 active listings in EFFINGHAM, IL (zip code 62401), compared to 54 the prior year.

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

The median listing price in EFFINGHAM, IL 62401 is $305,000 as of January 2026, a 8.3% decrease from $332,750 the prior year.

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

Homes in EFFINGHAM, IL 62401 spend an average of 63 days on the market before going under contract, compared to 90 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 January 2026, EFFINGHAM, IL 62401 is currently a Seller's Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 63 days on market compared to 90 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 $6,100 compared to a typical 5% commission on the median listing price of $305,000. 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.