Call or Text (240) SELL-123

OBLONG, IL 62449

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

Market Analysis

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

The OBLONG, IL real estate market (62449) currently shows 6 active listings, with 2 pending sales. Homes are averaging 79 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 79 days on market compared to 82 days last year.

The median listing price has risen 50.6% year-over-year, from $127,500 to $192,000.

Whether you are buying or selling in OBLONG, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for OBLONG, IL 62449 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 2,957  ·  Density: 9.5/mi²  ·  Median household income: $57,679

Typical home value: $103,313  ·  Homeownership: 76.3%

Market Overview

Active Listings
6
⇩ 14.3% vs 7 last year
Pending
2
33% pending ratio
Median Price
$192,000
⇧ 50.6% vs $127,500 last year
Average Price
$203,475
⇧ 29.8% vs $156,743 last year
Days on Market
79
⇩ 3.7% vs 82 days last year

Price Per Square Foot

Median $/sqft
$80
⇧ 12.7% vs $71/sqft last year
Median Home Size
1,900 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 7 last year
  • Days on market: 79 now vs 82 last year

Median & Average Pricing

Year over Year
  • Median: $192,000 (+50.6% YoY)
  • Average: $203,475 (+29.8% 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 29.4 miles — 100 listings ($18,953,149 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62449Oblong, IL 624490.0 mi6$1,160,400$189,950$193,400
62413Annapolis, IL 6241310.2 mi2$785,000$392,500$392,500
62448Newton, IL 6244814.7 mi15$2,614,095$162,000$174,273
62451Palestine, IL 6245116.3 mi4$312,200$92,750$78,050
62466Sumner, IL 6246619.4 mi7$1,747,767$288,650$249,681
62477West Union, IL 6247720.8 mi2$110,000$55,000$55,000
62442Martinsville, IL 6244221.5 mi2$349,500$174,750$174,750
62417Bridgeport, IL 6241722.2 mi3$450,750$150,250$150,250
62434Ingraham, IL 6243425.0 mi1$69,000$69,000$69,000
47882Sullivan, IN 4788227.4 mi48$10,228,608$224,889$213,096
47561Oaktown, IN 4756127.5 mi6$594,828$99,100$99,138
47838Carlisle, IN 4783828.8 mi3$353,001$120,000$117,667
62467Teutopolis, IL 6246729.4 mi1$178,000$178,000$178,000

Frequently Asked Questions

How many homes are for sale in OBLONG, IL 62449?

As of March 2026, there are 6 active listings in OBLONG, IL (zip code 62449), compared to 7 the prior year.

What is the median home price in OBLONG, IL 62449?

The median listing price in OBLONG, IL 62449 is $192,000 as of March 2026, a 50.6% increase from $127,500 the prior year.

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

Homes in OBLONG, IL 62449 spend an average of 79 days on the market before going under contract, compared to 82 days the prior year.

Is it a seller's or buyer's market in OBLONG, IL 62449?

Based on current inventory and days-on-market data as of March 2026, OBLONG, IL 62449 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 79 days on market compared to 82 days last year.

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

With SELL123.com's maximum 3% commission, sellers in OBLONG, IL 62449 save an estimated $3,840 compared to a typical 5% commission on the median listing price of $192,000. 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.