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NEOGA, IL 62447

Real Estate Market Report  ·  Cumberland County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇩ 60% vs 5 last year
Pending
0
0% pending ratio
Median Price
$174,700
⇧ 23.5% vs $141,450 last year
Average Price
$174,700
⇧ 3.6% vs $168,575 last year
Days on Market
96
⇧ 20% vs 80 days last year

Market Context

Population: 3,172  ·  Density: 20.0/mi²  ·  Median household income: $90,074

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

Market Analysis

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

The NEOGA, IL real estate market (62447) currently shows 2 active listings. Homes are averaging 96 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 96 days on market compared to 80 days last year.

The median listing price has risen 23.5% year-over-year, from $141,450 to $174,700.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 5 last year
  • Days on market: 96 now vs 80 last year

Median & Average Pricing

Year over Year
  • Median: $174,700 (+23.5% YoY)
  • Average: $174,700 (+3.6% 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 26.5 miles — 85 listings ($19,449,041 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62447Neoga, IL 624470.0 mi2$349,400$174,700$174,700
61928Gays, IL 6192810.3 mi2$115,000$57,500$57,500
62440Lerna, IL 6244011.2 mi1$149,900$149,900$149,900
61957Windsor, IL 6195712.2 mi5$678,600$129,900$135,720
62461Shumway, IL 6246114.6 mi2$404,900$202,450$202,450
62428Greenup, IL 6242817.2 mi8$1,066,136$133,500$133,267
61920Charleston, IL 6192019.9 mi31$7,546,764$170,150$243,444
61951Sullivan, IL 6195120.7 mi10$2,785,430$203,950$278,543
62424Dieterich, IL 6242422.5 mi2$990,000$495,000$495,000
62411Altamont, IL 6241122.8 mi10$2,809,610$200,000$280,961
62534Findlay, IL 6253424.2 mi4$1,444,500$249,500$361,125
62474Westfield, IL 6247425.5 mi3$182,001$79,500$60,667
61912Ashmore, IL 6191226.5 mi5$926,800$180,000$185,360

Frequently Asked Questions

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

As of January 2026, there are 2 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 $174,700 as of January 2026, a 23.5% increase from $141,450 the prior year.

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

Homes in NEOGA, IL 62447 spend an average of 96 days on the market before going under contract, compared to 80 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 January 2026, NEOGA, IL 62447 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 96 days on market compared to 80 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 $3,494 compared to a typical 5% commission on the median listing price of $174,700. 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.