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MOWEAQUA, IL 62550

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

Market Analysis

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

The MOWEAQUA, IL real estate market (62550) currently shows 8 active listings, with 1 pending sales. Homes are averaging 121 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 121 days on market compared to 39 days last year.

The median listing price has fallen 10.2% year-over-year, from $172,500 to $154,900.

Whether you are buying or selling in MOWEAQUA, 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: 2,902  ·  Density: 12.5/mi²  ·  Median household income: $77,431

Typical home value: $127,754  ·  Homeownership: 77.7%

Market Overview

Active Listings
8
⇧ 100% vs 4 last year
Pending
1
13% pending ratio
Median Price
$154,900
⇩ 10.2% vs $172,500 last year
Average Price
$179,614
⇩ 9.8% vs $199,133 last year
Days on Market
121
⇧ 210.3% vs 39 days last year

Price Per Square Foot

Median $/sqft
$104
⇧ 20.9% vs $86/sqft last year
Median Home Size
1,533 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 4 last year
  • Days on market: 121 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $154,900 (-10.2% YoY)
  • Average: $179,614 (-9.8% 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
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 21.7 miles — 154 listings ($25,458,125 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62550Moweaqua, IL 625500.0 mi8$1,328,952$141,850$166,119
62544Macon, IL 625446.8 mi0$0$209,000$209,000
62514Boody, IL 6251411.1 mi1$89,900$89,900$89,900
62513Blue Mound, IL 6251311.5 mi4$718,700$172,100$179,675
61914Bethany, IL 6191412.1 mi6$1,139,106$148,500$189,851
62521Decatur, IL 6252114.4 mi87$14,336,295$144,450$164,785
62555Owaneco, IL 6255515.7 mi1$145,000$145,000$145,000
62571Tower Hill, IL 6257116.0 mi2$319,800$159,900$159,900
62565Shelbyville, IL 6256517.1 mi23$3,181,843$133,250$138,341
62551Niantic, IL 6255118.8 mi3$255,000$85,000$85,000
61937Lovington, IL 6193720.0 mi1$515,000$515,000$515,000
62531Edinburg, IL 6253120.6 mi3$354,699$119,900$118,233
61951Sullivan, IL 6195121.7 mi15$3,073,830$168,175$204,922

Frequently Asked Questions

How many homes are for sale in MOWEAQUA, IL 62550?

As of March 2026, there are 8 active listings in MOWEAQUA, IL (zip code 62550), compared to 4 the prior year.

What is the median home price in MOWEAQUA, IL 62550?

The median listing price in MOWEAQUA, IL 62550 is $154,900 as of March 2026, a 10.2% decrease from $172,500 the prior year.

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

Homes in MOWEAQUA, IL 62550 spend an average of 121 days on the market before going under contract, compared to 39 days the prior year.

Is it a seller's or buyer's market in MOWEAQUA, IL 62550?

Based on current inventory and days-on-market data as of March 2026, MOWEAQUA, IL 62550 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 121 days on market compared to 39 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MOWEAQUA, IL 62550 save an estimated $3,098 compared to a typical 5% commission on the median listing price of $154,900. 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.