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MECHANICSBURG, IL 62545

Real Estate Market Report  ·  Sangamon County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The MECHANICSBURG, IL real estate market (62545) currently shows 4 active listings, with 2 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 46 days on market compared to 42 days last year.

The median listing price has fallen 41.5% year-over-year, from $499,900 to $292,541.

Whether you are buying or selling in MECHANICSBURG, 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 Context

Market Context

Population: 1,296  ·  Density: 18.6/mi²  ·  Median household income: $74,318

Typical home value: $174,327  ·  Homeownership: 93.6%

Market Overview

Active Listings
4
⇧ 100% vs 2 last year
Pending
2
50% pending ratio
Median Price
$292,541
⇩ 41.5% vs $499,900 last year
Average Price
$292,541
⇩ 41.5% vs $499,900 last year
Days on Market
46
⇧ 9.5% vs 42 days last year

Price Per Square Foot

Median $/sqft
$135
⇧ 0.7% vs $134/sqft last year
Median Home Size
2,085 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 2 last year
  • Days on market: 46 now vs 42 last year

Median & Average Pricing

Year over Year
  • Median: $292,541 (-41.5% YoY)
  • Average: $292,541 (-41.5% 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 18.6 miles — 202 listings ($41,875,343 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62545Mechanicsburg, IL 625450.0 mi2$315,450$157,725$157,725
62563Rochester, IL 625636.9 mi13$6,049,771$301,250$465,367
62561Riverton, IL 625619.4 mi5$1,162,445$230,000$232,489
62712Springfield, IL 6271210.5 mi17$7,139,592$388,750$419,976
62513Blue Mound, IL 6251312.8 mi4$718,700$172,100$179,675
62567Stonington, IL 6256713.3 mi6$544,998$68,000$90,833
62702Springfield, IL 6270214.1 mi66$8,936,532$124,900$135,402
62558Pawnee, IL 6255814.7 mi3$599,700$199,900$199,900
62568Taylorville, IL 6256815.2 mi40$10,344,160$154,900$258,604
62548Mount Pulaski, IL 6254815.7 mi6$996,798$160,000$166,133
62536Glenarm, IL 6253616.8 mi0$0$660,000$660,000
62514Boody, IL 6251418.2 mi1$89,900$89,900$89,900
62522Decatur, IL 6252218.6 mi39$4,977,297$118,673$127,623

Frequently Asked Questions

How many homes are for sale in MECHANICSBURG, IL 62545?

As of March 2026, there are 4 active listings in MECHANICSBURG, IL (zip code 62545), compared to 2 the prior year.

What is the median home price in MECHANICSBURG, IL 62545?

The median listing price in MECHANICSBURG, IL 62545 is $292,541 as of March 2026, a 41.5% decrease from $499,900 the prior year.

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

Homes in MECHANICSBURG, IL 62545 spend an average of 46 days on the market before going under contract, compared to 42 days the prior year.

Is it a seller's or buyer's market in MECHANICSBURG, IL 62545?

Based on current inventory and days-on-market data as of March 2026, MECHANICSBURG, IL 62545 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 46 days on market compared to 42 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MECHANICSBURG, IL 62545 save an estimated $5,851 compared to a typical 5% commission on the median listing price of $292,541. 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.