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ELLERY, IL 62833

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

Market Analysis

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

The ELLERY, IL real estate market (62833) currently shows 1 active listings. Homes are averaging 110 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 110 days on market compared to 47 days last year.

The median listing price has fallen 46.2% year-over-year, from $399,900 to $215,000.

Whether you are buying or selling in ELLERY, 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: 334  ·  Density: 2.6/mi²  ·  Median household income: $69,271

Typical home value: $103,663  ·  Homeownership: 80.2%

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$215,000
⇩ 46.2% vs $399,900 last year
Average Price
$215,000
⇩ 46.2% vs $399,900 last year
Days on Market
110
⇧ 134% vs 47 days last year

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 110 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $215,000 (-46.2% YoY)
  • Average: $215,000 (-46.2% 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 27.0 miles — 107 listings ($23,361,868 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62833Ellery, IL 628330.0 mi1$215,000$215,000$215,000
62844Grayville, IL 628448.5 mi5$438,165$74,900$87,633
62827Crossville, IL 6282713.8 mi3$403,899$99,900$134,633
62887Springerton, IL 6288715.5 mi1$85,000$85,000$85,000
62863Mount Carmel, IL 6286317.5 mi22$4,295,390$139,900$195,245
62821Carmi, IL 6282118.6 mi30$5,224,860$127,000$174,162
62886Sims, IL 6288620.3 mi1$335,000$335,000$335,000
47631New Harmony, IN 4763121.6 mi4$1,257,868$314,000$314,467
62868Noble, IL 6286823.8 mi3$195,000$65,000$65,000
62824Clay City, IL 6282424.9 mi3$320,538$87,425$106,846
62450Olney, IL 6245026.1 mi25$8,902,700$112,450$356,108
62869Norris City, IL 6286926.7 mi6$1,103,448$156,125$183,908
47612Cynthiana, IN 4761227.0 mi3$585,000$195,000$195,000

Frequently Asked Questions

How many homes are for sale in ELLERY, IL 62833?

As of July 2026, there are 1 active listings in ELLERY, IL (zip code 62833), compared to 1 the prior year.

What is the median home price in ELLERY, IL 62833?

The median listing price in ELLERY, IL 62833 is $215,000 as of July 2026, a 46.2% decrease from $399,900 the prior year.

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

Homes in ELLERY, IL 62833 spend an average of 110 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in ELLERY, IL 62833?

Based on current inventory and days-on-market data as of July 2026, ELLERY, IL 62833 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 110 days on market compared to 47 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ELLERY, IL 62833 save an estimated $4,300 compared to a typical 5% commission on the median listing price of $215,000. 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.