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SHUMWAY, IL 62461

Real Estate Market Report  ·  Effingham County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
0
0% pending ratio
Median Price
$202,450
⇧ 10.9% vs $182,500 last year
Average Price
$202,450
⇧ 10.9% vs $182,500 last year
Days on Market
30
⇧ 150% vs 12 days last year

Market Context

Population: 652  ·  Density: 6.0/mi²  ·  Median household income: $68,194

Typical home value: $0  ·  Homeownership: 95.7%

Market Analysis

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

The SHUMWAY, IL real estate market (62461) currently shows 2 active listings. Homes are averaging 30 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 30 days on market compared to 12 days last year.

The median listing price has risen 10.9% year-over-year, from $182,500 to $202,450.

Whether you are buying or selling in SHUMWAY, 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 1 last year
  • Days on market: 30 now vs 12 last year

Median & Average Pricing

Year over Year
  • Median: $202,450 (+10.9% YoY)
  • Average: $202,450 (+10.9% 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 25.6 miles — 50 listings ($10,304,332 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62461Shumway, IL 624610.0 mi2$404,900$202,450$202,450
62414Beecher City, IL 624148.3 mi1$821,725$821,725$821,725
62465Strasburg, IL 6246510.3 mi1$289,900$289,900$289,900
62473Watson, IL 6247313.8 mi1$319,900$319,900$319,900
62447Neoga, IL 6244714.6 mi2$349,400$174,700$174,700
62565Shelbyville, IL 6256516.2 mi24$3,443,472$139,500$143,478
62431Herrick, IL 6243117.1 mi1$315,000$315,000$315,000
62571Tower Hill, IL 6257119.7 mi2$319,800$159,900$159,900
62424Dieterich, IL 6242420.1 mi2$990,000$495,000$495,000
62426Edgewood, IL 6242620.8 mi2$106,000$53,000$53,000
62838Farina, IL 6283823.3 mi5$994,835$187,000$198,967
62534Findlay, IL 6253424.0 mi4$1,444,500$249,500$361,125
62880Saint Peter, IL 6288025.6 mi3$504,900$190,000$168,300

Frequently Asked Questions

How many homes are for sale in SHUMWAY, IL 62461?

As of January 2026, there are 2 active listings in SHUMWAY, IL (zip code 62461), compared to 1 the prior year.

What is the median home price in SHUMWAY, IL 62461?

The median listing price in SHUMWAY, IL 62461 is $202,450 as of January 2026, a 10.9% increase from $182,500 the prior year.

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

Homes in SHUMWAY, IL 62461 spend an average of 30 days on the market before going under contract, compared to 12 days the prior year.

Is it a seller's or buyer's market in SHUMWAY, IL 62461?

Based on current inventory and days-on-market data as of January 2026, SHUMWAY, IL 62461 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 30 days on market compared to 12 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SHUMWAY, IL 62461 save an estimated $4,049 compared to a typical 5% commission on the median listing price of $202,450. 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.