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THAYER, IL 62689

Real Estate Market Report  ·  Sangamon County
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The THAYER, IL real estate market (62689) currently shows 3 active listings, with 1 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 52 days on market compared to 54 days last year.

The median listing price has risen 0.9% year-over-year, from $81,500 to $82,250.

Whether you are buying or selling in THAYER, 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: 557  ·  Density: 187.8/mi²  ·  Median household income: $56,563

Typical home value: $84,566  ·  Homeownership: 96.6%

Market Overview

Active Listings
3
⇧ 50% vs 2 last year
Pending
1
33% pending ratio
Median Price
$82,250
⇧ 0.9% vs $81,500 last year
Average Price
$94,017
⇧ 15.4% vs $81,500 last year
Days on Market
52
⇩ 3.7% vs 54 days last year

Price Per Square Foot

Median $/sqft
$77
⇧ 6.9% vs $72/sqft last year
Median Home Size
1,080 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 2 last year
  • Days on market: 52 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $82,250 (+0.9% YoY)
  • Average: $94,017 (+15.4% 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 20.8 miles — 155 listings ($48,191,461 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62690Virden, IL 626902.0 mi6$795,528$156,150$132,588
62530Divernon, IL 625306.1 mi3$449,901$152,450$149,967
62536Glenarm, IL 625369.0 mi0$0$660,000$660,000
62692Waverly, IL 626929.9 mi4$203,800$50,950$50,950
62629Chatham, IL 6262910.3 mi25$11,234,625$452,900$449,385
62674Palmyra, IL 6267415.7 mi0$0$499,900$499,900
62711Springfield, IL 6271116.2 mi33$16,043,214$436,925$486,158
62703Springfield, IL 6270317.3 mi43$4,157,670$87,450$96,690
62712Springfield, IL 6271217.7 mi17$7,139,592$388,750$419,976
62560Raymond, IL 6256018.3 mi6$1,316,460$249,900$219,410
62546Morrisonville, IL 6254618.7 mi4$736,000$184,000$184,000
62563Rochester, IL 6256318.9 mi13$6,049,771$301,250$465,367
62601Alexander, IL 6260120.8 mi1$64,900$64,900$64,900

Frequently Asked Questions

How many homes are for sale in THAYER, IL 62689?

As of July 2026, there are 3 active listings in THAYER, IL (zip code 62689), compared to 2 the prior year.

What is the median home price in THAYER, IL 62689?

The median listing price in THAYER, IL 62689 is $82,250 as of July 2026, a 0.9% increase from $81,500 the prior year.

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

Homes in THAYER, IL 62689 spend an average of 52 days on the market before going under contract, compared to 54 days the prior year.

Is it a seller's or buyer's market in THAYER, IL 62689?

Based on current inventory and days-on-market data as of July 2026, THAYER, IL 62689 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 52 days on market compared to 54 days last year.

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

With SELL123.com's maximum 3% commission, sellers in THAYER, IL 62689 save an estimated $1,645 compared to a typical 5% commission on the median listing price of $82,250. 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.