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LOUISVILLE, IL 62858

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

Market Overview

Active Listings
3
⇧ 200% vs 1 last year
Pending
1
33% pending ratio
Median Price
$102,000
⇧ 88.9% vs $54,000 last year
Average Price
$102,000
⇧ 88.9% vs $54,000 last year
Days on Market
37
⇩ 47.9% vs 71 days last year

Market Context

Population: 3,343  ·  Density: 8.5/mi²  ·  Median household income: $61,458

Typical home value: $98,977  ·  Homeownership: 73.3%

Market Analysis

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

The LOUISVILLE, IL real estate market (62858) currently shows 3 active listings, with 1 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 37 days on market compared to 71 days last year.

The median listing price has risen 88.9% year-over-year, from $54,000 to $102,000.

Whether you are buying or selling in LOUISVILLE, 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: 3 this year vs 1 last year
  • Days on market: 37 now vs 71 last year

Median & Average Pricing

Year over Year
  • Median: $102,000 (+88.9% YoY)
  • Average: $102,000 (+88.9% 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 26.5 miles — 128 listings ($32,647,920 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62858Louisville, IL 628580.0 mi3$306,000$102,000$102,000
62426Edgewood, IL 6242611.1 mi2$106,000$53,000$53,000
62824Clay City, IL 6282412.6 mi5$541,500$64,900$108,300
62838Farina, IL 6283814.3 mi5$994,835$187,000$198,967
62899Xenia, IL 6289915.0 mi6$1,334,898$212,500$222,483
62854Kinmundy, IL 6285417.5 mi3$623,499$182,500$207,833
62823Cisne, IL 6282320.5 mi7$833,000$97,250$119,000
62401Effingham, IL 6240121.5 mi42$17,651,844$305,000$420,282
62411Altamont, IL 6241121.7 mi10$2,809,610$200,000$280,961
62850Johnsonville, IL 6285022.5 mi2$135,332$67,666$67,666
62807Alma, IL 6280724.2 mi3$790,500$263,500$263,500
62842Geff, IL 6284224.4 mi2$274,500$137,250$137,250
62881Salem, IL 6288126.5 mi38$6,246,402$149,000$164,379

Frequently Asked Questions

How many homes are for sale in LOUISVILLE, IL 62858?

As of January 2026, there are 3 active listings in LOUISVILLE, IL (zip code 62858), compared to 1 the prior year.

What is the median home price in LOUISVILLE, IL 62858?

The median listing price in LOUISVILLE, IL 62858 is $102,000 as of January 2026, a 88.9% increase from $54,000 the prior year.

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

Homes in LOUISVILLE, IL 62858 spend an average of 37 days on the market before going under contract, compared to 71 days the prior year.

Is it a seller's or buyer's market in LOUISVILLE, IL 62858?

Based on current inventory and days-on-market data as of January 2026, LOUISVILLE, IL 62858 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 37 days on market compared to 71 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LOUISVILLE, IL 62858 save an estimated $2,040 compared to a typical 5% commission on the median listing price of $102,000. 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.