Active Listings
3
⇩ 25% vs 4 last year
Data as of March 2026. Source: Realtor.com.
The FRANKLIN, IL real estate market (62638) currently shows 3 active listings, with 2 pending sales. Homes are averaging 75 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 taking longer to sell, averaging 75 days on market compared to 22 days last year.
The median listing price has fallen 22.5% year-over-year, from $199,900 to $154,950.
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.
Population: 1,288 · Density: 7.4/mi² · Median household income: $78,500
Typical home value: $118,076 · Homeownership: 82.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62638 | Franklin, IL 62638 | 0.0 mi | 2 | $287,300 | $143,650 | $143,650 |
| 62692 | Waverly, IL 62692 | 7.8 mi | 4 | $203,800 | $50,950 | $50,950 |
| 62601 | Alexander, IL 62601 | 10.2 mi | 1 | $64,900 | $64,900 | $64,900 |
| 62674 | Palmyra, IL 62674 | 12.2 mi | 0 | $0 | $499,900 | $499,900 |
| 62670 | New Berlin, IL 62670 | 13.7 mi | 3 | $450,975 | $150,325 | $150,325 |
| 62649 | Hettick, IL 62649 | 16.8 mi | 2 | $298,000 | $149,000 | $149,000 |
| 62044 | Greenfield, IL 62044 | 18.0 mi | 4 | $1,348,000 | $166,250 | $337,000 |
| 62640 | Girard, IL 62640 | 19.0 mi | 7 | $1,000,419 | $124,950 | $142,917 |
| 62677 | Pleasant Plains, IL 62677 | 20.1 mi | 5 | $2,416,525 | $381,175 | $483,305 |
| 62628 | Chapin, IL 62628 | 20.7 mi | 5 | $296,250 | $57,750 | $59,250 |
| 62711 | Springfield, IL 62711 | 21.6 mi | 33 | $16,043,214 | $436,925 | $486,158 |
| 62530 | Divernon, IL 62530 | 22.9 mi | 3 | $449,901 | $152,450 | $149,967 |
| 62704 | Springfield, IL 62704 | 24.0 mi | 82 | $16,600,080 | $148,425 | $202,440 |
As of March 2026, there are 3 active listings in FRANKLIN, IL (zip code 62638), compared to 4 the prior year.
The median listing price in FRANKLIN, IL 62638 is $154,950 as of March 2026, a 22.5% decrease from $199,900 the prior year.
Homes in FRANKLIN, IL 62638 spend an average of 75 days on the market before going under contract, compared to 22 days the prior year.
Based on current inventory and days-on-market data as of March 2026, FRANKLIN, IL 62638 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 75 days on market compared to 22 days last year.
With SELL123.com's maximum 3% commission, sellers in FRANKLIN, IL 62638 save an estimated $3,099 compared to a typical 5% commission on the median listing price of $154,950. 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.