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LOGAN, IL 62856

Real Estate Market Report  ·  Franklin County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
1
⇩ 50% vs 2 last year
Pending
0
0% pending ratio
Median Price
$55,000
⇧ 22.2% vs $45,000 last year
Average Price
$55,000
⇧ 22.2% vs $45,000 last year
Days on Market
278
⇧ 892.9% vs 28 days last year

Market Context

Population: 351  ·  Density: 89.7/mi²  ·  Median household income: $61,875

Typical home value: $48,633  ·  Homeownership: 88.1%

Market Analysis

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

The LOGAN, IL real estate market (62856) currently shows 1 active listings. Homes are averaging 278 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 278 days on market compared to 28 days last year.

The median listing price has risen 22.2% year-over-year, from $45,000 to $55,000.

Whether you are buying or selling in LOGAN, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 2 last year
  • Days on market: 278 now vs 28 last year

Median & Average Pricing

Year over Year
  • Median: $55,000 (+22.2% YoY)
  • Average: $55,000 (+22.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.9 miles — 74 listings ($16,896,008 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62856Logan, IL 628560.0 mi1$55,000$55,000$55,000
62812Benton, IL 628126.0 mi34$7,058,808$149,900$207,612
62874Orient, IL 628748.1 mi2$169,800$84,900$84,900
62819Buckner, IL 628199.2 mi1$120,000$120,000$120,000
62836Ewing, IL 6283610.1 mi3$726,600$242,200$242,200
62891Valier, IL 6289112.0 mi5$735,000$147,000$147,000
62999Zeigler, IL 6299912.6 mi3$244,350$81,450$81,450
62935Galatia, IL 6293513.4 mi6$1,221,750$209,750$203,625
62846Ina, IL 6284613.7 mi1$317,000$317,000$317,000
62884Sesser, IL 6288414.5 mi9$1,889,703$111,500$209,967
62933Energy, IL 6293315.9 mi1$0$0$0
62921Colp, IL 6292117.0 mi1$26,600$26,600$26,600
62859McLeansboro, IL 6285917.9 mi7$4,331,397$75,000$618,771

Frequently Asked Questions

How many homes are for sale in LOGAN, IL 62856?

As of January 2026, there are 1 active listings in LOGAN, IL (zip code 62856), compared to 2 the prior year.

What is the median home price in LOGAN, IL 62856?

The median listing price in LOGAN, IL 62856 is $55,000 as of January 2026, a 22.2% increase from $45,000 the prior year.

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

Homes in LOGAN, IL 62856 spend an average of 278 days on the market before going under contract, compared to 28 days the prior year.

Is it a seller's or buyer's market in LOGAN, IL 62856?

Based on current inventory and days-on-market data as of January 2026, LOGAN, IL 62856 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 278 days on market compared to 28 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LOGAN, IL 62856 save an estimated $1,100 compared to a typical 5% commission on the median listing price of $55,000. 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.