Data as of March 2026. Source: Realtor.com.
The WATSON, IL real estate market (62473) currently shows 1 active listings, with 1 pending sales. Homes are averaging 5 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 5 days on market compared to 67 days last year.
The median listing price has fallen 90.8% year-over-year, from $1,349,000 to $123,500.
Whether you are buying or selling in WATSON, 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.
Population: 1,143 · Density: 20.2/mi² · Median household income: $69,837
Typical home value: $139,337 · Homeownership: 89.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62473 | Watson, IL 62473 | 0.0 mi | 1 | $123,500 | $123,500 | $123,500 |
| 62401 | Effingham, IL 62401 | 6.8 mi | 39 | $17,926,272 | $321,750 | $459,648 |
| 62411 | Altamont, IL 62411 | 9.4 mi | 12 | $3,194,532 | $183,688 | $266,211 |
| 62467 | Teutopolis, IL 62467 | 10.2 mi | 1 | $178,000 | $178,000 | $178,000 |
| 62838 | Farina, IL 62838 | 14.4 mi | 3 | $414,825 | $130,950 | $138,275 |
| 62458 | Saint Elmo, IL 62458 | 15.5 mi | 8 | $814,960 | $75,000 | $101,870 |
| 62434 | Ingraham, IL 62434 | 17.8 mi | 1 | $69,000 | $69,000 | $69,000 |
| 62448 | Newton, IL 62448 | 21.0 mi | 15 | $2,614,095 | $162,000 | $174,273 |
| 62418 | Brownstown, IL 62418 | 22.0 mi | 4 | $1,063,168 | $146,000 | $265,792 |
| 62422 | Cowden, IL 62422 | 22.7 mi | 2 | $438,400 | $219,200 | $219,200 |
| 62468 | Toledo, IL 62468 | 23.8 mi | 1 | $165,000 | $165,000 | $165,000 |
| 62824 | Clay City, IL 62824 | 26.9 mi | 3 | $320,538 | $87,425 | $106,846 |
| 62899 | Xenia, IL 62899 | 27.2 mi | 5 | $1,119,900 | $211,225 | $223,980 |
As of March 2026, there are 1 active listings in WATSON, IL (zip code 62473), compared to 2 the prior year.
The median listing price in WATSON, IL 62473 is $123,500 as of March 2026, a 90.8% decrease from $1,349,000 the prior year.
Homes in WATSON, IL 62473 spend an average of 5 days on the market before going under contract, compared to 67 days the prior year.
Based on current inventory and days-on-market data as of March 2026, WATSON, IL 62473 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 5 days on market compared to 67 days last year.
With SELL123.com's maximum 3% commission, sellers in WATSON, IL 62473 save an estimated $2,470 compared to a typical 5% commission on the median listing price of $123,500. 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.