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GEFF, IL 62842

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

Market Analysis

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

The GEFF, IL real estate market (62842) currently shows 2 active listings, with 1 pending sales. Homes are averaging 142 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 142 days on market compared to 87 days last year.

The median listing price has fallen 73% year-over-year, from $166,500 to $45,000.

Whether you are buying or selling in GEFF, 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: 673  ·  Density: 5.7/mi²  ·  Median household income: $56,875

Typical home value: $98,045  ·  Homeownership: 87.7%

Market Overview

Active Listings
2
vs 2 last year
Pending
1
50% pending ratio
Median Price
$45,000
⇩ 73% vs $166,500 last year
Average Price
$45,000
⇩ 73% vs $166,500 last year
Days on Market
142
⇧ 63.2% vs 87 days last year

Price Per Square Foot

Median $/sqft
$41
⇩ 58.6% vs $99/sqft last year
Median Home Size
1,100 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 142 now vs 87 last year

Median & Average Pricing

Year over Year
  • Median: $45,000 (-73% YoY)
  • Average: $45,000 (-73% 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 28.7 miles — 159 listings ($31,605,301 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62842Geff, IL 628420.0 mi2$99,000$49,500$49,500
62837Fairfield, IL 628377.3 mi55$8,638,795$134,750$157,069
62850Johnsonville, IL 6285011.4 mi2$135,332$67,666$67,666
62895Wayne City, IL 6289514.7 mi5$843,750$168,750$168,750
62839Flora, IL 6283914.8 mi23$4,626,749$149,000$201,163
62806Albion, IL 6280617.6 mi9$1,246,905$116,150$138,545
62887Springerton, IL 6288719.7 mi1$85,000$85,000$85,000
62849Iuka, IL 6284922.7 mi7$1,450,680$250,000$207,240
62450Olney, IL 6245023.1 mi25$8,902,700$112,450$356,108
62858Louisville, IL 6285824.4 mi4$462,000$102,000$115,500
62434Ingraham, IL 6243425.9 mi1$69,000$69,000$69,000
62810Belle Rive, IL 6281026.9 mi3$750,000$250,000$250,000
62863Mount Carmel, IL 6286328.7 mi22$4,295,390$139,900$195,245

Frequently Asked Questions

How many homes are for sale in GEFF, IL 62842?

As of March 2026, there are 2 active listings in GEFF, IL (zip code 62842), compared to 2 the prior year.

What is the median home price in GEFF, IL 62842?

The median listing price in GEFF, IL 62842 is $45,000 as of March 2026, a 73% decrease from $166,500 the prior year.

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

Homes in GEFF, IL 62842 spend an average of 142 days on the market before going under contract, compared to 87 days the prior year.

Is it a seller's or buyer's market in GEFF, IL 62842?

Based on current inventory and days-on-market data as of March 2026, GEFF, IL 62842 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 142 days on market compared to 87 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GEFF, IL 62842 save an estimated $900 compared to a typical 5% commission on the median listing price of $45,000. 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.