Call or Text (240) SELL-123

GRAYVILLE, IL 62844

Real Estate Market Report  ·  White County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
6
⇩ 25% vs 8 last year
Pending
2
33% pending ratio
Median Price
$66,950
⇩ 48.5% vs $129,900 last year
Average Price
$89,950
⇩ 32.5% vs $133,329 last year
Days on Market
111
⇩ 15.3% vs 131 days last year

Market Context

Population: 2,002  ·  Density: 16.5/mi²  ·  Median household income: $60,760

Typical home value: $78,822  ·  Homeownership: 69.2%

Market Analysis

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

The GRAYVILLE, IL real estate market (62844) currently shows 6 active listings, with 2 pending sales. Homes are averaging 111 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 111 days on market compared to 131 days last year.

The median listing price has fallen 48.5% year-over-year, from $129,900 to $66,950.

Whether you are buying or selling in GRAYVILLE, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for GRAYVILLE, IL 62844 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 8 last year
  • Days on market: 111 now vs 131 last year

Median & Average Pricing

Year over Year
  • Median: $66,950 (-48.5% YoY)
  • Average: $89,950 (-32.5% 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 27.1 miles — 137 listings ($43,596,920 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62844Grayville, IL 628440.0 mi6$539,700$66,950$89,950
62833Ellery, IL 628338.5 mi1$220,000$220,000$220,000
47631New Harmony, IN 4763113.1 mi2$629,400$314,700$314,700
62863Mount Carmel, IL 6286315.3 mi16$3,224,976$139,500$201,561
47665Owensville, IN 4766517.6 mi12$2,448,804$185,000$204,067
62835Enfield, IL 6283518.1 mi1$425,000$425,000$425,000
47612Cynthiana, IN 4761219.4 mi4$811,000$202,750$202,750
47638Wadesville, IN 4763819.7 mi10$2,896,600$299,900$289,660
47620Mount Vernon, IN 4762023.6 mi42$11,121,054$239,900$264,787
62867New Haven, IL 6286724.4 mi3$354,900$145,000$118,300
47720Evansville, IN 4772025.9 mi27$17,105,445$364,900$633,535
47639Haubstadt, IN 4763926.5 mi8$3,153,376$363,944$394,172
62895Wayne City, IL 6289527.1 mi5$666,665$130,000$133,333

Frequently Asked Questions

How many homes are for sale in GRAYVILLE, IL 62844?

As of January 2026, there are 6 active listings in GRAYVILLE, IL (zip code 62844), compared to 8 the prior year.

What is the median home price in GRAYVILLE, IL 62844?

The median listing price in GRAYVILLE, IL 62844 is $66,950 as of January 2026, a 48.5% decrease from $129,900 the prior year.

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

Homes in GRAYVILLE, IL 62844 spend an average of 111 days on the market before going under contract, compared to 131 days the prior year.

Is it a seller's or buyer's market in GRAYVILLE, IL 62844?

Based on current inventory and days-on-market data as of January 2026, GRAYVILLE, IL 62844 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 111 days on market compared to 131 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GRAYVILLE, IL 62844 save an estimated $1,339 compared to a typical 5% commission on the median listing price of $66,950. 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.