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FARINA, IL 62838

Real Estate Market Report  ·  Fayette County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The FARINA, IL real estate market (62838) currently shows 3 active listings, with 1 pending sales. Homes are averaging 124 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 124 days on market compared to 32 days last year.

The median listing price has fallen 53.4% year-over-year, from $274,500 to $127,950.

Whether you are buying or selling in FARINA, 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: 1,540  ·  Density: 6.4/mi²  ·  Median household income: $64,659

Typical home value: $102,314  ·  Homeownership: 79.5%

Market Overview

Active Listings
3
vs 3 last year
Pending
1
33% pending ratio
Median Price
$127,950
⇩ 53.4% vs $274,500 last year
Average Price
$127,950
⇩ 53.4% vs $274,500 last year
Days on Market
124
⇧ 287.5% vs 32 days last year

Price Per Square Foot

Median $/sqft
$69
⇩ 44.4% vs $124/sqft last year
Median Home Size
1,826 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 124 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $127,950 (-53.4% YoY)
  • Average: $127,950 (-53.4% 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 25.6 miles — 88 listings ($17,256,285 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62838Farina, IL 628380.0 mi3$414,825$130,950$138,275
62880Saint Peter, IL 628807.4 mi5$767,000$157,825$153,400
62443Mason, IL 624438.7 mi5$1,514,645$192,400$302,929
62807Alma, IL 6280713.0 mi3$720,000$240,000$240,000
62858Louisville, IL 6285814.3 mi4$462,000$102,000$115,500
62418Brownstown, IL 6241816.0 mi4$1,063,168$146,000$265,792
62892Vernon, IL 6289218.2 mi0$0$148,000$148,000
62849Iuka, IL 6284919.4 mi7$1,450,680$250,000$207,240
62839Flora, IL 6283919.6 mi23$4,626,749$149,000$201,163
62471Vandalia, IL 6247121.5 mi28$5,442,780$154,875$194,385
62434Ingraham, IL 6243422.9 mi1$69,000$69,000$69,000
62461Shumway, IL 6246123.3 mi2$404,900$202,450$202,450
62824Clay City, IL 6282425.6 mi3$320,538$87,425$106,846

Frequently Asked Questions

How many homes are for sale in FARINA, IL 62838?

As of March 2026, there are 3 active listings in FARINA, IL (zip code 62838), compared to 3 the prior year.

What is the median home price in FARINA, IL 62838?

The median listing price in FARINA, IL 62838 is $127,950 as of March 2026, a 53.4% decrease from $274,500 the prior year.

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

Homes in FARINA, IL 62838 spend an average of 124 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in FARINA, IL 62838?

Based on current inventory and days-on-market data as of March 2026, FARINA, IL 62838 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 124 days on market compared to 32 days last year.

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

With SELL123.com's maximum 3% commission, sellers in FARINA, IL 62838 save an estimated $2,559 compared to a typical 5% commission on the median listing price of $127,950. 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.