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TOWER HILL, IL 62571

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

Market Overview

Active Listings
2
⇩ 60% vs 5 last year
Pending
0
0% pending ratio
Median Price
$159,900
⇧ 166.5% vs $60,000 last year
Average Price
$159,900
⇧ 57.4% vs $101,617 last year
Days on Market
77
⇩ 34.2% vs 117 days last year

Market Context

Population: 1,321  ·  Density: 7.3/mi²  ·  Median household income: $66,207

Typical home value: $142,003  ·  Homeownership: 75.7%

Market Analysis

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

The TOWER HILL, IL real estate market (62571) currently shows 2 active listings. Homes are averaging 77 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 77 days on market compared to 117 days last year.

The median listing price has risen 166.5% year-over-year, from $60,000 to $159,900.

Whether you are buying or selling in TOWER HILL, 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: 2 this year vs 5 last year
  • Days on market: 77 now vs 117 last year

Median & Average Pricing

Year over Year
  • Median: $159,900 (+166.5% YoY)
  • Average: $159,900 (+57.4% 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 25.0 miles — 112 listings ($22,201,368 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62571Tower Hill, IL 625710.0 mi2$319,800$159,900$159,900
62565Shelbyville, IL 625658.7 mi24$3,443,472$139,500$143,478
62422Cowden, IL 6242210.9 mi2$448,400$224,200$224,200
62534Findlay, IL 6253413.7 mi4$1,444,500$249,500$361,125
62550Moweaqua, IL 6255016.0 mi8$1,315,400$147,750$164,425
62465Strasburg, IL 6246517.4 mi1$289,900$289,900$289,900
62075Nokomis, IL 6207518.8 mi13$1,378,806$128,500$106,062
62461Shumway, IL 6246119.7 mi2$404,900$202,450$202,450
62568Taylorville, IL 6256821.5 mi40$9,653,680$159,900$241,342
62544Macon, IL 6254422.6 mi1$75,000$75,000$75,000
61925Dalton City, IL 6192524.6 mi1$299,900$299,900$299,900
62411Altamont, IL 6241124.9 mi10$2,809,610$200,000$280,961
62418Brownstown, IL 6241825.0 mi4$318,000$79,500$79,500

Frequently Asked Questions

How many homes are for sale in TOWER HILL, IL 62571?

As of January 2026, there are 2 active listings in TOWER HILL, IL (zip code 62571), compared to 5 the prior year.

What is the median home price in TOWER HILL, IL 62571?

The median listing price in TOWER HILL, IL 62571 is $159,900 as of January 2026, a 166.5% increase from $60,000 the prior year.

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

Homes in TOWER HILL, IL 62571 spend an average of 77 days on the market before going under contract, compared to 117 days the prior year.

Is it a seller's or buyer's market in TOWER HILL, IL 62571?

Based on current inventory and days-on-market data as of January 2026, TOWER HILL, IL 62571 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 77 days on market compared to 117 days last year.

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

With SELL123.com's maximum 3% commission, sellers in TOWER HILL, IL 62571 save an estimated $3,198 compared to a typical 5% commission on the median listing price of $159,900. 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.