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NEWTON, IL 62448

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

Market Overview

Active Listings
13
⇩ 18.8% vs 16 last year
Pending
1
8% pending ratio
Median Price
$185,000
⇧ 15.7% vs $159,950 last year
Average Price
$199,536
⇧ 5.7% vs $188,754 last year
Days on Market
82
⇧ 15.5% vs 71 days last year

Market Context

Population: 5,411  ·  Density: 10.2/mi²  ·  Median household income: $63,606

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

Market Analysis

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

The NEWTON, IL real estate market (62448) currently shows 13 active listings, with 1 pending sales. Homes are averaging 82 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 82 days on market compared to 71 days last year.

The median listing price has risen 15.7% year-over-year, from $159,950 to $185,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 16 last year
  • Days on market: 82 now vs 71 last year

Median & Average Pricing

Year over Year
  • Median: $185,000 (+15.7% YoY)
  • Average: $199,536 (+5.7% 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 29.5 miles — 95 listings ($27,763,724 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62448Newton, IL 624480.0 mi13$2,593,968$185,000$199,536
62424Dieterich, IL 6242413.0 mi2$990,000$495,000$495,000
62467Teutopolis, IL 6246717.6 mi1$181,500$181,500$181,500
62858Louisville, IL 6285820.0 mi3$306,000$102,000$102,000
62428Greenup, IL 6242820.7 mi8$1,066,136$133,500$133,267
62413Annapolis, IL 6241321.8 mi2$1,250,000$625,000$625,000
62824Clay City, IL 6282422.4 mi5$541,500$64,900$108,300
62401Effingham, IL 6240123.1 mi42$17,651,844$305,000$420,282
62420Casey, IL 6242024.3 mi9$1,783,476$141,250$198,164
62426Edgewood, IL 6242626.6 mi2$106,000$53,000$53,000
62433Hutsonville, IL 6243327.4 mi4$723,900$144,950$180,975
62417Bridgeport, IL 6241728.8 mi2$209,900$104,950$104,950
62442Martinsville, IL 6244229.5 mi2$359,500$179,750$179,750

Frequently Asked Questions

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

As of January 2026, there are 13 active listings in NEWTON, IL (zip code 62448), compared to 16 the prior year.

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

The median listing price in NEWTON, IL 62448 is $185,000 as of January 2026, a 15.7% increase from $159,950 the prior year.

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

Homes in NEWTON, IL 62448 spend an average of 82 days on the market before going under contract, compared to 71 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 January 2026, NEWTON, IL 62448 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 82 days on market compared to 71 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 $3,700 compared to a typical 5% commission on the median listing price of $185,000. 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.