Population: 1,143 · Density: 20.2/mi² · Median household income: $69,837
Typical home value: $139,337 · Homeownership: 89.1%
Data as of January 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 4 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 5 days on market compared to 107 days last year.
The median listing price has risen 3.9% year-over-year, from $307,925 to $319,900.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62473 | Watson, IL 62473 | 0.0 mi | 1 | $319,900 | $319,900 | $319,900 |
| 62401 | Effingham, IL 62401 | 6.8 mi | 42 | $17,651,844 | $305,000 | $420,282 |
| 62411 | Altamont, IL 62411 | 9.4 mi | 10 | $2,809,610 | $200,000 | $280,961 |
| 62467 | Teutopolis, IL 62467 | 10.2 mi | 1 | $181,500 | $181,500 | $181,500 |
| 62838 | Farina, IL 62838 | 14.4 mi | 5 | $994,835 | $187,000 | $198,967 |
| 62458 | Saint Elmo, IL 62458 | 15.5 mi | 9 | $1,036,800 | $79,000 | $115,200 |
| 62880 | Saint Peter, IL 62880 | 20.2 mi | 3 | $504,900 | $190,000 | $168,300 |
| 62447 | Neoga, IL 62447 | 21.3 mi | 2 | $349,400 | $174,700 | $174,700 |
| 62854 | Kinmundy, IL 62854 | 22.1 mi | 3 | $623,499 | $182,500 | $207,833 |
| 62465 | Strasburg, IL 62465 | 22.9 mi | 1 | $289,900 | $289,900 | $289,900 |
| 62839 | Flora, IL 62839 | 24.9 mi | 23 | $4,839,522 | $149,000 | $210,414 |
| 62431 | Herrick, IL 62431 | 27.1 mi | 1 | $315,000 | $315,000 | $315,000 |
| 62807 | Alma, IL 62807 | 27.4 mi | 3 | $790,500 | $263,500 | $263,500 |
As of January 2026, there are 1 active listings in WATSON, IL (zip code 62473), compared to 5 the prior year.
The median listing price in WATSON, IL 62473 is $319,900 as of January 2026, a 3.9% increase from $307,925 the prior year.
Homes in WATSON, IL 62473 spend an average of 5 days on the market before going under contract, compared to 107 days the prior year.
Based on current inventory and days-on-market data as of January 2026, WATSON, IL 62473 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 5 days on market compared to 107 days last year.
With SELL123.com's maximum 3% commission, sellers in WATSON, IL 62473 save an estimated $6,398 compared to a typical 5% commission on the median listing price of $319,900. 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.