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CLAY CITY, IL 62824

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

Market Overview

Active Listings
5
⇩ 50% vs 10 last year
Pending
2
40% pending ratio
Median Price
$64,900
⇩ 45.9% vs $119,900 last year
Average Price
$108,300
⇧ 4.5% vs $103,633 last year
Days on Market
128
⇧ 30.6% vs 98 days last year

Market Context

Population: 1,865  ·  Density: 7.1/mi²  ·  Median household income: $67,652

Typical home value: $97,162  ·  Homeownership: 77.0%

Market Analysis

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

The CLAY CITY, IL real estate market (62824) currently shows 5 active listings, with 2 pending sales. Homes are averaging 128 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 128 days on market compared to 98 days last year.

The median listing price has fallen 45.9% year-over-year, from $119,900 to $64,900.

Whether you are buying or selling in CLAY CITY, 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
  • Listings: 5 this year vs 10 last year
  • Days on market: 128 now vs 98 last year

Median & Average Pricing

Year over Year
  • Median: $64,900 (-45.9% YoY)
  • Average: $108,300 (+4.5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 27.6 miles — 134 listings ($26,572,634 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62824Clay City, IL 628240.0 mi5$541,500$64,900$108,300
62839Flora, IL 628398.1 mi23$4,839,522$149,000$210,414
62858Louisville, IL 6285812.6 mi3$306,000$102,000$102,000
62450Olney, IL 6245014.3 mi23$7,530,568$124,900$327,416
62850Johnsonville, IL 6285017.8 mi2$135,332$67,666$67,666
62837Fairfield, IL 6283721.1 mi55$8,203,910$137,500$149,162
62424Dieterich, IL 6242422.3 mi2$990,000$495,000$495,000
62886Sims, IL 6288622.9 mi1$335,000$335,000$335,000
62849Iuka, IL 6284923.7 mi7$1,029,602$119,900$147,086
62443Mason, IL 6244324.8 mi2$679,800$339,900$339,900
62838Farina, IL 6283825.6 mi5$994,835$187,000$198,967
62473Watson, IL 6247326.8 mi1$319,900$319,900$319,900
62895Wayne City, IL 6289527.6 mi5$666,665$130,000$133,333

Frequently Asked Questions

How many homes are for sale in CLAY CITY, IL 62824?

As of January 2026, there are 5 active listings in CLAY CITY, IL (zip code 62824), compared to 10 the prior year.

What is the median home price in CLAY CITY, IL 62824?

The median listing price in CLAY CITY, IL 62824 is $64,900 as of January 2026, a 45.9% decrease from $119,900 the prior year.

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

Homes in CLAY CITY, IL 62824 spend an average of 128 days on the market before going under contract, compared to 98 days the prior year.

Is it a seller's or buyer's market in CLAY CITY, IL 62824?

Based on current inventory and days-on-market data as of January 2026, CLAY CITY, IL 62824 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 128 days on market compared to 98 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CLAY CITY, IL 62824 save an estimated $1,298 compared to a typical 5% commission on the median listing price of $64,900. 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.