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TALLULA, IL 62688

Real Estate Market Report  ·  Menard County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
5
Pending
4
80% pending ratio
Median Price
$209,900
Average Price
$209,900
Days on Market
26

Market Context

Population: 852  ·  Density: 7.3/mi²  ·  Median household income: $77,500

Typical home value: $122,434  ·  Homeownership: 91.6%

Market Analysis

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

The TALLULA, IL real estate market (62688) currently shows 5 active listings, with 4 pending sales. Homes are averaging 26 days on the market before going under contract.

Whether you are buying or selling in TALLULA, 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

Median & Average Pricing

Year over Year

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 22.9 miles — 271 listings ($64,249,859 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62688Tallula, IL 626880.0 mi5$1,049,500$209,900$209,900
62677Pleasant Plains, IL 626776.9 mi6$3,247,350$259,450$541,225
62625Cantrall, IL 6262512.1 mi2$438,000$219,000$219,000
62613Athens, IL 6261313.8 mi7$2,223,641$127,450$317,663
62601Alexander, IL 6260114.8 mi1$64,900$64,900$64,900
62707Springfield, IL 6270715.8 mi11$3,392,554$225,000$308,414
62711Springfield, IL 6271116.0 mi35$18,367,860$421,000$524,796
62704Springfield, IL 6270417.4 mi88$17,389,856$164,900$197,612
62633Easton, IL 6263319.6 mi5$153,835$32,500$30,767
62703Springfield, IL 6270320.0 mi42$4,189,206$84,900$99,743
62650Jacksonville, IL 6265021.3 mi61$11,793,557$169,900$193,337
62693Williamsville, IL 6269321.4 mi2$499,900$249,950$249,950
62561Riverton, IL 6256122.9 mi6$1,439,700$240,000$239,950

Frequently Asked Questions

How many homes are for sale in TALLULA, IL 62688?

As of January 2026, there are 5 active listings in TALLULA, IL (zip code 62688).

What is the median home price in TALLULA, IL 62688?

The median listing price in TALLULA, IL 62688 is $209,900 as of January 2026.

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

Homes in TALLULA, IL 62688 spend an average of 26 days on the market before going under contract.

Is it a seller's or buyer's market in TALLULA, IL 62688?

Based on current inventory and days-on-market data as of January 2026, TALLULA, IL 62688 is currently a Balanced Market.

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

With SELL123.com's maximum 3% commission, sellers in TALLULA, IL 62688 save an estimated $4,198 compared to a typical 5% commission on the median listing price of $209,900. 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.