Data as of March 2026. Source: Realtor.com.
The HERRICK, IL real estate market (62431) currently shows 2 active listings, with 1 pending sales. Homes are averaging 29 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 29 days on market compared to 6 days last year.
The median listing price has fallen 31.7% year-over-year, from $89,250 to $61,000.
Whether you are buying or selling in HERRICK, 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.
Population: 719 · Density: 5.0/mi² · Median household income: $70,000
Typical home value: $87,692 · Homeownership: 87.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62431 | Herrick, IL 62431 | 0.0 mi | 2 | $308,750 | $154,375 | $154,375 |
| 62080 | Ramsey, IL 62080 | 8.6 mi | 4 | $453,892 | $113,473 | $113,473 |
| 62557 | Pana, IL 62557 | 13.2 mi | 24 | $3,410,496 | $122,400 | $142,104 |
| 62418 | Brownstown, IL 62418 | 14.5 mi | 4 | $1,063,168 | $146,000 | $265,792 |
| 62565 | Shelbyville, IL 62565 | 16.3 mi | 23 | $3,181,843 | $133,250 | $138,341 |
| 62461 | Shumway, IL 62461 | 17.1 mi | 2 | $404,900 | $202,450 | $202,450 |
| 62094 | Witt, IL 62094 | 19.0 mi | 7 | $515,375 | $54,750 | $73,625 |
| 62555 | Owaneco, IL 62555 | 20.4 mi | 1 | $145,000 | $145,000 | $145,000 |
| 62510 | Assumption, IL 62510 | 20.9 mi | 4 | $625,500 | $137,000 | $156,375 |
| 62051 | Irving, IL 62051 | 22.0 mi | 3 | $515,400 | $75,000 | $171,800 |
| 62534 | Findlay, IL 62534 | 23.6 mi | 4 | $963,800 | $240,950 | $240,950 |
| 62262 | Mulberry Grove, IL 62262 | 25.1 mi | 1 | $110,000 | $110,000 | $110,000 |
| 62880 | Saint Peter, IL 62880 | 25.7 mi | 5 | $767,000 | $157,825 | $153,400 |
As of March 2026, there are 2 active listings in HERRICK, IL (zip code 62431), compared to 1 the prior year.
The median listing price in HERRICK, IL 62431 is $61,000 as of March 2026, a 31.7% decrease from $89,250 the prior year.
Homes in HERRICK, IL 62431 spend an average of 29 days on the market before going under contract, compared to 6 days the prior year.
Based on current inventory and days-on-market data as of March 2026, HERRICK, IL 62431 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 29 days on market compared to 6 days last year.
With SELL123.com's maximum 3% commission, sellers in HERRICK, IL 62431 save an estimated $1,220 compared to a typical 5% commission on the median listing price of $61,000. 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.