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CLAY CITY, IL 62824

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The CLAY CITY, IL real estate market (62824) currently shows 4 active listings, with 3 pending sales. Homes are averaging 27 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 27 days on market compared to 199 days last year.

The median listing price has risen 75.2% year-over-year, from $88,450 to $155,000.

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 Context

Market Context

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

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

Market Overview

Active Listings
4
⇩ 33.3% vs 6 last year
Pending
3
75% pending ratio
Median Price
$155,000
⇧ 75.2% vs $88,450 last year
Average Price
$145,417
⇧ 56% vs $93,225 last year
Days on Market
27
⇩ 86.4% vs 199 days last year

Price Per Square Foot

Median $/sqft
$92
⇩ 15.6% vs $109/sqft last year
Median Home Size
1,546 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 6 last year
  • Days on market: 27 now vs 199 last year

Median & Average Pricing

Year over Year
  • Median: $155,000 (+75.2% YoY)
  • Average: $145,417 (+56% 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 27.6 miles — 61 listings ($12,395,012 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62824Clay City, IL 628240.0 mi3$320,538$87,425$106,846
62839Flora, IL 628398.1 mi23$4,626,749$149,000$201,163
62434Ingraham, IL 6243411.9 mi1$69,000$69,000$69,000
62842Geff, IL 6284214.0 mi2$99,000$49,500$49,500
62899Xenia, IL 6289916.3 mi5$1,119,900$211,225$223,980
62476West Salem, IL 6247620.7 mi3$487,425$162,475$162,475
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$1,450,680$250,000$207,240
62443Mason, IL 6244324.8 mi5$1,514,645$192,400$302,929
62838Farina, IL 6283825.6 mi3$414,825$130,950$138,275
62473Watson, IL 6247326.8 mi1$123,500$123,500$123,500
62895Wayne City, IL 6289527.6 mi5$843,750$168,750$168,750

Frequently Asked Questions

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

As of March 2026, there are 4 active listings in CLAY CITY, IL (zip code 62824), compared to 6 the prior year.

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

The median listing price in CLAY CITY, IL 62824 is $155,000 as of March 2026, a 75.2% increase from $88,450 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 27 days on the market before going under contract, compared to 199 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 March 2026, CLAY CITY, IL 62824 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 27 days on market compared to 199 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 $3,100 compared to a typical 5% commission on the median listing price of $155,000. 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.