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LOAMI, IL 62661

Real Estate Market Report  ·  Sangamon County
Seller's Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The LOAMI, IL real estate market (62661) currently shows 1 active listings, with 2 pending sales. Homes are averaging 52 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 52 days on market compared to 58 days last year.

The median listing price has risen 107.3% year-over-year, from $139,900 to $290,000.

Whether you are buying or selling in LOAMI, 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: 1,477  ·  Density: 15.0/mi²  ·  Median household income: $66,618

Typical home value: $127,916  ·  Homeownership: 84.1%

Market Overview

Active Listings
1
⇩ 50% vs 2 last year
Pending
2
200% pending ratio
Median Price
$290,000
⇧ 107.3% vs $139,900 last year
Average Price
$290,000
⇧ 107.3% vs $139,900 last year
Days on Market
52
⇩ 10.3% vs 58 days last year

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 2 last year
  • Days on market: 52 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $290,000 (+107.3% YoY)
  • Average: $290,000 (+107.3% 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 20.2 miles — 93 listings ($31,504,261 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62661Loami, IL 626610.0 mi3$449,700$149,900$149,900
62629Chatham, IL 626296.5 mi25$11,234,625$452,900$449,385
62692Waverly, IL 626927.7 mi4$203,800$50,950$50,950
62536Glenarm, IL 6253610.4 mi0$0$660,000$660,000
62690Virden, IL 6269011.7 mi6$795,528$156,150$132,588
62530Divernon, IL 6253012.1 mi3$449,901$152,450$149,967
62677Pleasant Plains, IL 6267713.0 mi5$2,416,525$381,175$483,305
62712Springfield, IL 6271214.8 mi17$7,139,592$388,750$419,976
62640Girard, IL 6264016.2 mi7$1,000,419$124,950$142,917
62558Pawnee, IL 6255816.7 mi3$599,700$199,900$199,900
62563Rochester, IL 6256318.4 mi13$6,049,771$301,250$465,367
62533Farmersville, IL 6253319.0 mi3$809,700$269,900$269,900
62612Ashland, IL 6261220.2 mi4$355,000$84,900$88,750

Frequently Asked Questions

How many homes are for sale in LOAMI, IL 62661?

As of July 2026, there are 1 active listings in LOAMI, IL (zip code 62661), compared to 2 the prior year.

What is the median home price in LOAMI, IL 62661?

The median listing price in LOAMI, IL 62661 is $290,000 as of July 2026, a 107.3% increase from $139,900 the prior year.

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

Homes in LOAMI, IL 62661 spend an average of 52 days on the market before going under contract, compared to 58 days the prior year.

Is it a seller's or buyer's market in LOAMI, IL 62661?

Based on current inventory and days-on-market data as of July 2026, LOAMI, IL 62661 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 52 days on market compared to 58 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LOAMI, IL 62661 save an estimated $5,800 compared to a typical 5% commission on the median listing price of $290,000. 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.