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STRASBURG, IL 62465

Real Estate Market Report  ·  Shelby County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
1
⇩ 50% vs 2 last year
Pending
0
0% pending ratio
Median Price
$289,900
⇧ 262.8% vs $79,900 last year
Average Price
$289,900
⇧ 262.8% vs $79,900 last year
Days on Market
10
⇩ 88.6% vs 88 days last year

Market Context

Population: 913  ·  Density: 8.3/mi²  ·  Median household income: $80,515

Typical home value: $151,224  ·  Homeownership: 87.8%

Market Analysis

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

The STRASBURG, IL real estate market (62465) currently shows 1 active listings. Homes are averaging 10 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 10 days on market compared to 88 days last year.

The median listing price has risen 262.8% year-over-year, from $79,900 to $289,900.

Whether you are buying or selling in STRASBURG, 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: 1 this year vs 2 last year
  • Days on market: 10 now vs 88 last year

Median & Average Pricing

Year over Year
  • Median: $289,900 (+262.8% YoY)
  • Average: $289,900 (+262.8% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.3 miles — 116 listings ($19,412,579 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62465Strasburg, IL 624650.0 mi1$289,900$289,900$289,900
62565Shelbyville, IL 625659.9 mi24$3,443,472$139,500$143,478
61928Gays, IL 6192810.4 mi2$115,000$57,500$57,500
62422Cowden, IL 6242215.5 mi2$448,400$224,200$224,200
62414Beecher City, IL 6241415.6 mi1$821,725$821,725$821,725
61938Mattoon, IL 6193816.8 mi46$6,708,272$116,000$145,832
62571Tower Hill, IL 6257117.4 mi2$319,800$159,900$159,900
62411Altamont, IL 6241119.8 mi10$2,809,610$200,000$280,961
62440Lerna, IL 6244020.3 mi1$149,900$149,900$149,900
61914Bethany, IL 6191421.1 mi9$1,634,400$164,200$181,600
62473Watson, IL 6247322.9 mi1$319,900$319,900$319,900
62458Saint Elmo, IL 6245825.0 mi9$1,036,800$79,000$115,200
62550Moweaqua, IL 6255026.3 mi8$1,315,400$147,750$164,425

Frequently Asked Questions

How many homes are for sale in STRASBURG, IL 62465?

As of January 2026, there are 1 active listings in STRASBURG, IL (zip code 62465), compared to 2 the prior year.

What is the median home price in STRASBURG, IL 62465?

The median listing price in STRASBURG, IL 62465 is $289,900 as of January 2026, a 262.8% increase from $79,900 the prior year.

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

Homes in STRASBURG, IL 62465 spend an average of 10 days on the market before going under contract, compared to 88 days the prior year.

Is it a seller's or buyer's market in STRASBURG, IL 62465?

Based on current inventory and days-on-market data as of January 2026, STRASBURG, IL 62465 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 10 days on market compared to 88 days last year.

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

With SELL123.com's maximum 3% commission, sellers in STRASBURG, IL 62465 save an estimated $5,798 compared to a typical 5% commission on the median listing price of $289,900. 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.