Population: 1,055 · Density: 10.1/mi² · Median household income: $66,058
Typical home value: $133,467 · Homeownership: 90.0%
Data as of January 2026. Source: Realtor.com.
The LERNA, IL real estate market (62440) currently shows 1 active listings, with 2 pending sales. Homes are averaging 61 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 61 days on market compared to 65 days last year.
The median listing price has risen 15.4% year-over-year, from $129,900 to $149,900.
Whether you are buying or selling in LERNA, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62440 | Lerna, IL 62440 | 0.0 mi | 1 | $149,900 | $149,900 | $149,900 |
| 61938 | Mattoon, IL 61938 | 8.4 mi | 46 | $6,708,272 | $116,000 | $145,832 |
| 62447 | Neoga, IL 62447 | 11.2 mi | 2 | $349,400 | $174,700 | $174,700 |
| 61928 | Gays, IL 61928 | 13.5 mi | 2 | $115,000 | $57,500 | $57,500 |
| 62474 | Westfield, IL 62474 | 14.6 mi | 3 | $182,001 | $79,500 | $60,667 |
| 62420 | Casey, IL 62420 | 15.8 mi | 9 | $1,783,476 | $141,250 | $198,164 |
| 61910 | Arcola, IL 61910 | 19.3 mi | 2 | $238,000 | $119,000 | $119,000 |
| 62467 | Teutopolis, IL 62467 | 20.6 mi | 1 | $181,500 | $181,500 | $181,500 |
| 61933 | Kansas, IL 61933 | 21.5 mi | 2 | $190,000 | $95,000 | $95,000 |
| 61943 | Oakland, IL 61943 | 22.4 mi | 6 | $1,977,000 | $329,500 | $329,500 |
| 61911 | Arthur, IL 61911 | 24.1 mi | 7 | $1,406,300 | $178,000 | $200,900 |
| 62461 | Shumway, IL 62461 | 25.8 mi | 2 | $404,900 | $202,450 | $202,450 |
| 61953 | Tuscola, IL 61953 | 27.9 mi | 18 | $4,677,858 | $240,000 | $259,881 |
As of January 2026, there are 1 active listings in LERNA, IL (zip code 62440), compared to 2 the prior year.
The median listing price in LERNA, IL 62440 is $149,900 as of January 2026, a 15.4% increase from $129,900 the prior year.
Homes in LERNA, IL 62440 spend an average of 61 days on the market before going under contract, compared to 65 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LERNA, IL 62440 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 61 days on market compared to 65 days last year.
With SELL123.com's maximum 3% commission, sellers in LERNA, IL 62440 save an estimated $2,998 compared to a typical 5% commission on the median listing price of $149,900. 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.