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SHIPMAN, IL 62685

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The SHIPMAN, IL real estate market (62685) currently shows 5 active listings, with 3 pending sales. Homes are averaging 132 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 132 days on market compared to 116 days last year.

The median listing price has risen 83.7% year-over-year, from $152,400 to $280,000.

Whether you are buying or selling in SHIPMAN, 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: 1,692  ·  Density: 8.0/mi²  ·  Median household income: $58,500

Typical home value: $121,251  ·  Homeownership: 85.3%

Market Overview

Active Listings
5
vs 5 last year
Pending
3
60% pending ratio
Median Price
$280,000
⇧ 83.7% vs $152,400 last year
Average Price
$280,000
⇩ 1.7% vs $284,700 last year
Days on Market
132
⇧ 13.8% vs 116 days last year

Price Per Square Foot

Median $/sqft
$135
⇧ 45.2% vs $93/sqft last year
Median Home Size
2,047 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 132 now vs 116 last year

Median & Average Pricing

Year over Year
  • Median: $280,000 (+83.7% YoY)
  • Average: $280,000 (-1.7% 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 19.3 miles — 247 listings ($46,207,377 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62685Shipman, IL 626850.0 mi5$1,443,625$280,000$288,725
62033Gillespie, IL 620338.2 mi14$2,154,866$119,250$153,919
62093Wilsonville, IL 620939.6 mi7$1,084,475$152,450$154,925
62009Benld, IL 6200911.2 mi7$847,000$121,000$121,000
62626Carlinville, IL 6262611.6 mi23$5,112,946$126,000$222,302
62069Mount Olive, IL 6206914.2 mi18$2,495,358$122,450$138,631
62081Rockbridge, IL 6208115.2 mi1$515,000$515,000$515,000
62002Alton, IL 6200215.7 mi108$17,851,644$121,450$165,293
62097Worden, IL 6209716.1 mi6$1,336,902$262,450$222,817
62058Livingston, IL 6205817.3 mi3$504,750$168,250$168,250
62056Litchfield, IL 6205617.6 mi32$7,976,672$199,925$249,271
62024East Alton, IL 6202418.5 mi19$3,524,139$176,200$185,481
62046Hamel, IL 6204619.3 mi4$1,360,000$344,900$340,000

Frequently Asked Questions

How many homes are for sale in SHIPMAN, IL 62685?

As of March 2026, there are 5 active listings in SHIPMAN, IL (zip code 62685), compared to 5 the prior year.

What is the median home price in SHIPMAN, IL 62685?

The median listing price in SHIPMAN, IL 62685 is $280,000 as of March 2026, a 83.7% increase from $152,400 the prior year.

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

Homes in SHIPMAN, IL 62685 spend an average of 132 days on the market before going under contract, compared to 116 days the prior year.

Is it a seller's or buyer's market in SHIPMAN, IL 62685?

Based on current inventory and days-on-market data as of March 2026, SHIPMAN, IL 62685 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 132 days on market compared to 116 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SHIPMAN, IL 62685 save an estimated $5,600 compared to a typical 5% commission on the median listing price of $280,000. 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.