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COWDEN, IL 62422

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

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
0
0% pending ratio
Median Price
$224,200
⇧ 12.2% vs $199,900 last year
Average Price
$224,200
⇧ 12.2% vs $199,900 last year
Days on Market
43
⇩ 49.4% vs 85 days last year

Market Context

Population: 938  ·  Density: 7.9/mi²  ·  Median household income: $58,672

Typical home value: $149,510  ·  Homeownership: 76.6%

Market Analysis

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

The COWDEN, IL real estate market (62422) currently shows 2 active listings. Homes are averaging 43 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 selling faster, averaging 43 days on market compared to 85 days last year.

The median listing price has risen 12.2% year-over-year, from $199,900 to $224,200.

Whether you are buying or selling in COWDEN, 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: 2 this year vs 1 last year
  • Days on market: 43 now vs 85 last year

Median & Average Pricing

Year over Year
  • Median: $224,200 (+12.2% YoY)
  • Average: $224,200 (+12.2% 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 25.4 miles — 119 listings ($29,894,813 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62422Cowden, IL 624220.0 mi2$448,400$224,200$224,200
62431Herrick, IL 624315.6 mi1$315,000$315,000$315,000
62461Shumway, IL 6246111.6 mi2$404,900$202,450$202,450
62080Ramsey, IL 6208013.3 mi5$936,445$219,995$187,289
62458Saint Elmo, IL 6245814.5 mi9$1,036,800$79,000$115,200
62465Strasburg, IL 6246515.5 mi1$289,900$289,900$289,900
62401Effingham, IL 6240119.1 mi42$17,651,844$305,000$420,282
62534Findlay, IL 6253421.4 mi4$1,444,500$249,500$361,125
62075Nokomis, IL 6207522.3 mi13$1,378,806$128,500$106,062
62471Vandalia, IL 6247123.1 mi31$5,244,518$140,000$169,178
62555Owaneco, IL 6255524.0 mi1$145,000$145,000$145,000
62094Witt, IL 6209424.6 mi7$417,200$30,000$59,600
62467Teutopolis, IL 6246725.4 mi1$181,500$181,500$181,500

Frequently Asked Questions

How many homes are for sale in COWDEN, IL 62422?

As of January 2026, there are 2 active listings in COWDEN, IL (zip code 62422), compared to 1 the prior year.

What is the median home price in COWDEN, IL 62422?

The median listing price in COWDEN, IL 62422 is $224,200 as of January 2026, a 12.2% increase from $199,900 the prior year.

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

Homes in COWDEN, IL 62422 spend an average of 43 days on the market before going under contract, compared to 85 days the prior year.

Is it a seller's or buyer's market in COWDEN, IL 62422?

Based on current inventory and days-on-market data as of January 2026, COWDEN, IL 62422 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 43 days on market compared to 85 days last year.

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

With SELL123.com's maximum 3% commission, sellers in COWDEN, IL 62422 save an estimated $4,484 compared to a typical 5% commission on the median listing price of $224,200. 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.