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NEWTON, IL 62448

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The NEWTON, IL real estate market (62448) currently shows 14 active listings. Homes are averaging 121 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 121 days on market compared to 86 days last year.

The median listing price has fallen 30.5% year-over-year, from $231,950 to $161,250.

Whether you are buying or selling in NEWTON, 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: 5,411  ·  Density: 10.2/mi²  ·  Median household income: $63,606

Typical home value: $105,000  ·  Homeownership: 78.0%

Market Overview

Active Listings
14
⇧ 75% vs 8 last year
Pending
0
0% pending ratio
Median Price
$161,250
⇩ 30.5% vs $231,950 last year
Average Price
$171,033
⇩ 28% vs $237,454 last year
Days on Market
121
⇧ 40.7% vs 86 days last year

Price Per Square Foot

Median $/sqft
$90
⇧ 9.8% vs $82/sqft last year
Median Home Size
1,648 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 8 last year
  • Days on market: 121 now vs 86 last year

Median & Average Pricing

Year over Year
  • Median: $161,250 (-30.5% YoY)
  • Average: $171,033 (-28% 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 29.5 miles — 97 listings ($28,267,249 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62448Newton, IL 624480.0 mi15$2,614,095$162,000$174,273
62424Dieterich, IL 6242413.0 mi2$990,000$495,000$495,000
62467Teutopolis, IL 6246717.6 mi1$178,000$178,000$178,000
62858Louisville, IL 6285820.0 mi4$462,000$102,000$115,500
62428Greenup, IL 6242820.7 mi8$1,235,432$139,000$154,429
62413Annapolis, IL 6241321.8 mi2$785,000$392,500$392,500
62824Clay City, IL 6282422.4 mi3$320,538$87,425$106,846
62401Effingham, IL 6240123.1 mi39$17,926,272$321,750$459,648
62420Casey, IL 6242024.3 mi11$1,939,982$139,900$176,362
62426Edgewood, IL 6242626.6 mi1$48,000$48,000$48,000
62433Hutsonville, IL 6243327.4 mi6$967,680$139,900$161,280
62417Bridgeport, IL 6241728.8 mi3$450,750$150,250$150,250
62442Martinsville, IL 6244229.5 mi2$349,500$174,750$174,750

Frequently Asked Questions

How many homes are for sale in NEWTON, IL 62448?

As of March 2026, there are 14 active listings in NEWTON, IL (zip code 62448), compared to 8 the prior year.

What is the median home price in NEWTON, IL 62448?

The median listing price in NEWTON, IL 62448 is $161,250 as of March 2026, a 30.5% decrease from $231,950 the prior year.

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

Homes in NEWTON, IL 62448 spend an average of 121 days on the market before going under contract, compared to 86 days the prior year.

Is it a seller's or buyer's market in NEWTON, IL 62448?

Based on current inventory and days-on-market data as of March 2026, NEWTON, IL 62448 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 121 days on market compared to 86 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NEWTON, IL 62448 save an estimated $3,225 compared to a typical 5% commission on the median listing price of $161,250. 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.