Population: 1,288 · Density: 7.4/mi² · Median household income: $78,500
Typical home value: $118,076 · Homeownership: 82.3%
Data as of January 2026. Source: Realtor.com.
The FRANKLIN, IL real estate market (62638) currently shows 1 active listings, with 1 pending sales. Homes are averaging 81 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 81 days on market compared to 174 days last year.
The median listing price has fallen 31.8% year-over-year, from $219,900 to $149,900.
Whether you are buying or selling in FRANKLIN, 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 $ |
|---|---|---|---|---|---|---|
| 62638 | Franklin, IL 62638 | 0.0 mi | 1 | $149,900 | $149,900 | $149,900 |
| 62668 | Murrayville, IL 62668 | 8.5 mi | 2 | $400,000 | $200,000 | $200,000 |
| 62601 | Alexander, IL 62601 | 10.2 mi | 1 | $64,900 | $64,900 | $64,900 |
| 62674 | Palmyra, IL 62674 | 12.2 mi | 1 | $499,900 | $499,900 | $499,900 |
| 62670 | New Berlin, IL 62670 | 13.7 mi | 3 | $279,600 | $93,200 | $93,200 |
| 62649 | Hettick, IL 62649 | 16.8 mi | 2 | $303,000 | $151,500 | $151,500 |
| 62044 | Greenfield, IL 62044 | 18.0 mi | 4 | $1,709,332 | $265,000 | $427,333 |
| 62640 | Girard, IL 62640 | 19.0 mi | 9 | $1,177,074 | $110,000 | $130,786 |
| 62677 | Pleasant Plains, IL 62677 | 20.1 mi | 6 | $3,247,350 | $259,450 | $541,225 |
| 62628 | Chapin, IL 62628 | 20.7 mi | 5 | $275,000 | $52,000 | $55,000 |
| 62631 | Concord, IL 62631 | 21.1 mi | 1 | $109,900 | $109,900 | $109,900 |
| 62092 | White Hall, IL 62092 | 21.9 mi | 11 | $1,303,027 | $89,900 | $118,457 |
| 62704 | Springfield, IL 62704 | 24.0 mi | 88 | $17,389,856 | $164,900 | $197,612 |
As of January 2026, there are 1 active listings in FRANKLIN, IL (zip code 62638), compared to 2 the prior year.
The median listing price in FRANKLIN, IL 62638 is $149,900 as of January 2026, a 31.8% decrease from $219,900 the prior year.
Homes in FRANKLIN, IL 62638 spend an average of 81 days on the market before going under contract, compared to 174 days the prior year.
Based on current inventory and days-on-market data as of January 2026, FRANKLIN, IL 62638 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 81 days on market compared to 174 days last year.
With SELL123.com's maximum 3% commission, sellers in FRANKLIN, IL 62638 save an estimated $2,998 compared to a typical 5% commission on the median listing price of $149,900. 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.