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DENNISON, IL 62423

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

Market Overview

Active Listings
4
⇧ 33.3% vs 3 last year
Pending
1
25% pending ratio
Median Price
$285,000
⇩ 30.5% vs $410,000 last year
Average Price
$295,800
⇩ 10.8% vs $331,667 last year
Days on Market
144
⇧ 323.5% vs 34 days last year

Market Context

Population: 843  ·  Density: 13.4/mi²  ·  Median household income: $75,568

Typical home value: $134,550  ·  Homeownership: 93.9%

Market Analysis

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

The DENNISON, IL real estate market (62423) currently shows 4 active listings, with 1 pending sales. Homes are averaging 144 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 144 days on market compared to 34 days last year.

The median listing price has fallen 30.5% year-over-year, from $410,000 to $285,000.

Whether you are buying or selling in DENNISON, 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: 4 this year vs 3 last year
  • Days on market: 144 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $285,000 (-30.5% YoY)
  • Average: $295,800 (-10.8% 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 22.1 miles — 288 listings ($63,271,381 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62423Dennison, IL 624230.0 mi4$1,183,200$285,000$295,800
62441Marshall, IL 624417.8 mi13$4,599,400$310,000$353,800
47807Terre Haute, IN 478079.6 mi41$4,991,709$113,500$121,749
47804Terre Haute, IN 4780410.5 mi42$6,417,768$129,950$152,804
47802Terre Haute, IN 4780211.9 mi104$29,954,392$244,900$288,023
47831Blanford, IN 4783114.4 mi2$278,000$139,000$139,000
47805Terre Haute, IN 4780514.8 mi32$6,886,080$202,450$215,190
47842Clinton, IN 4784216.1 mi31$5,726,878$145,000$184,738
47850Farmersburg, IN 4785016.9 mi8$1,575,888$186,450$196,986
62442Martinsville, IL 6244217.9 mi2$359,500$179,750$179,750
47874Rosedale, IN 4787419.9 mi5$941,665$155,000$188,333
47846Cory, IN 4784621.4 mi1$174,900$174,900$174,900
62474Westfield, IL 6247422.1 mi3$182,001$79,500$60,667

Frequently Asked Questions

How many homes are for sale in DENNISON, IL 62423?

As of January 2026, there are 4 active listings in DENNISON, IL (zip code 62423), compared to 3 the prior year.

What is the median home price in DENNISON, IL 62423?

The median listing price in DENNISON, IL 62423 is $285,000 as of January 2026, a 30.5% decrease from $410,000 the prior year.

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

Homes in DENNISON, IL 62423 spend an average of 144 days on the market before going under contract, compared to 34 days the prior year.

Is it a seller's or buyer's market in DENNISON, IL 62423?

Based on current inventory and days-on-market data as of January 2026, DENNISON, IL 62423 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 144 days on market compared to 34 days last year.

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

With SELL123.com's maximum 3% commission, sellers in DENNISON, IL 62423 save an estimated $5,700 compared to a typical 5% commission on the median listing price of $285,000. 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.