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MONTROSE, IL 62445

Real Estate Market Report  ·  Jasper County
Balanced Market
August 2026  ·  Source: Realtor.com

Market Analysis

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

The MONTROSE, IL real estate market (62445) currently shows 2 active listings, with 1 pending sales. Homes are averaging 19 days on the market before going under contract.

Whether you are buying or selling in MONTROSE, 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 Context

Market Context

Population: 1,150  ·  Density: 9.7/mi²  ·  Median household income: $76,761

Typical home value: $173,856  ·  Homeownership: 93.1%

Market Overview

Active Listings
2
—
Pending
1
50% pending ratio
Median Price
$45,000
—
Average Price
$45,000
—
Days on Market
19
—

Price Per Square Foot

Median $/sqft
$47
—
Median Home Size
956 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year

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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.9 miles — 155 listings ($40,123,551 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62467Teutopolis, IL 624676.6 mi1$178,000$178,000$178,000
62447Neoga, IL 6244712.0 mi3$532,200$177,400$177,400
62401Effingham, IL 6240113.4 mi39$17,926,272$321,750$459,648
62448Newton, IL 6244815.8 mi15$2,614,095$162,000$174,273
62473Watson, IL 6247316.5 mi1$123,500$123,500$123,500
62420Casey, IL 6242019.3 mi11$1,939,982$139,900$176,362
61938Mattoon, IL 6193821.8 mi37$5,371,512$121,175$145,176
61928Gays, IL 6192822.1 mi1$54,900$54,900$54,900
62411Altamont, IL 6241122.8 mi12$3,194,532$183,688$266,211
61920Charleston, IL 6192024.8 mi29$7,612,558$194,000$262,502
62474Westfield, IL 6247425.5 mi3$178,500$75,000$59,500
62426Edgewood, IL 6242626.1 mi1$48,000$48,000$48,000
62442Martinsville, IL 6244226.9 mi2$349,500$174,750$174,750

Frequently Asked Questions

How many homes are for sale in MONTROSE, IL 62445?

As of August 2026, there are 2 active listings in MONTROSE, IL (zip code 62445).

What is the median home price in MONTROSE, IL 62445?

The median listing price in MONTROSE, IL 62445 is $45,000 as of August 2026.

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

Homes in MONTROSE, IL 62445 spend an average of 19 days on the market before going under contract.

Is it a seller's or buyer's market in MONTROSE, IL 62445?

Based on current inventory and days-on-market data as of August 2026, MONTROSE, IL 62445 is currently a Balanced Market.

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

With SELL123.com's maximum 3% commission, sellers in MONTROSE, IL 62445 save an estimated $900 compared to a typical 5% commission on the median listing price of $45,000. 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.