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NEOGA, IL 62447

Real Estate Market Report  ·  Cumberland County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The NEOGA, IL real estate market (62447) currently shows 4 active listings. Homes are averaging 28 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 28 days on market compared to 61 days last year.

The median listing price has risen 17.1% year-over-year, from $147,200 to $172,400.

Whether you are buying or selling in NEOGA, 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: 3,172  ·  Density: 20.0/mi²  ·  Median household income: $90,074

Typical home value: $154,610  ·  Homeownership: 83.5%

Market Overview

Active Listings
4
⇩ 20% vs 5 last year
Pending
0
0% pending ratio
Median Price
$172,400
⇧ 17.1% vs $147,200 last year
Average Price
$172,425
⇧ 3.8% vs $166,100 last year
Days on Market
28
⇩ 54.1% vs 61 days last year

Price Per Square Foot

Median $/sqft
$215
⇧ 141.6% vs $89/sqft last year
Median Home Size
768 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 5 last year
  • Days on market: 28 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $172,400 (+17.1% YoY)
  • Average: $172,425 (+3.8% 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
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 26.7 miles — 88 listings ($20,161,517 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62447Neoga, IL 624470.0 mi3$532,200$177,400$177,400
62468Toledo, IL 624689.6 mi1$165,000$165,000$165,000
62465Strasburg, IL 6246510.6 mi1$139,900$139,900$139,900
61957Windsor, IL 6195712.2 mi6$1,004,670$144,900$167,445
62461Shumway, IL 6246114.6 mi2$404,900$202,450$202,450
62428Greenup, IL 6242817.2 mi8$1,235,432$139,000$154,429
61920Charleston, IL 6192019.9 mi29$7,612,558$194,000$262,502
61951Sullivan, IL 6195120.7 mi15$3,073,830$168,175$204,922
62424Dieterich, IL 6242422.5 mi2$990,000$495,000$495,000
62420Casey, IL 6242023.8 mi11$1,939,982$139,900$176,362
62422Cowden, IL 6242224.4 mi2$438,400$219,200$219,200
61910Arcola, IL 6191026.0 mi3$1,110,000$370,000$370,000
62443Mason, IL 6244326.7 mi5$1,514,645$192,400$302,929

Frequently Asked Questions

How many homes are for sale in NEOGA, IL 62447?

As of March 2026, there are 4 active listings in NEOGA, IL (zip code 62447), compared to 5 the prior year.

What is the median home price in NEOGA, IL 62447?

The median listing price in NEOGA, IL 62447 is $172,400 as of March 2026, a 17.1% increase from $147,200 the prior year.

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

Homes in NEOGA, IL 62447 spend an average of 28 days on the market before going under contract, compared to 61 days the prior year.

Is it a seller's or buyer's market in NEOGA, IL 62447?

Based on current inventory and days-on-market data as of March 2026, NEOGA, IL 62447 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 28 days on market compared to 61 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NEOGA, IL 62447 save an estimated $3,448 compared to a typical 5% commission on the median listing price of $172,400. 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.