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MULKEYTOWN, IL 62865

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

Market Analysis

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

The MULKEYTOWN, IL real estate market (62865) currently shows 3 active listings, with 1 pending sales. Homes are averaging 115 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 115 days on market compared to 113 days last year.

The median listing price has risen 106.8% year-over-year, from $62,800 to $129,900.

Whether you are buying or selling in MULKEYTOWN, 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: 1,894  ·  Density: 13.7/mi²  ·  Median household income: $64,750

Typical home value: $148,727  ·  Homeownership: 83.4%

Market Overview

Active Listings
3
⇩ 25% vs 4 last year
Pending
1
33% pending ratio
Median Price
$129,900
⇧ 106.8% vs $62,800 last year
Average Price
$152,217
⇧ 142.4% vs $62,800 last year
Days on Market
115
⇧ 1.8% vs 113 days last year

Price Per Square Foot

Median $/sqft
$96
⇧ 140% vs $40/sqft last year
Median Home Size
1,232 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 4 last year
  • Days on market: 115 now vs 113 last year

Median & Average Pricing

Year over Year
  • Median: $129,900 (+106.8% YoY)
  • Average: $152,217 (+142.4% 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 16.7 miles — 157 listings ($27,656,352 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62865Mulkeytown, IL 628650.0 mi3$275,250$91,750$91,750
62825Coello, IL 628251.9 mi1$51,900$51,900$51,900
62983Royalton, IL 629835.2 mi6$1,163,298$138,375$193,883
62874Orient, IL 628747.0 mi2$164,800$82,400$82,400
62932Elkville, IL 629328.7 mi5$437,125$90,875$87,425
62927Dowell, IL 629279.3 mi2$73,600$36,800$36,800
62949Hurst, IL 6294910.7 mi2$201,000$100,500$100,500
62948Herrin, IL 6294811.2 mi70$9,178,190$96,500$131,117
62924De Soto, IL 6292412.5 mi7$2,775,577$284,750$396,511
62918Carterville, IL 6291813.1 mi48$11,030,112$211,250$229,794
62951Johnston City, IL 6295113.4 mi8$1,655,600$139,500$206,950
62933Energy, IL 6293314.4 mi1$310,000$310,000$310,000
62816Bonnie, IL 6281616.7 mi2$339,900$169,950$169,950

Frequently Asked Questions

How many homes are for sale in MULKEYTOWN, IL 62865?

As of March 2026, there are 3 active listings in MULKEYTOWN, IL (zip code 62865), compared to 4 the prior year.

What is the median home price in MULKEYTOWN, IL 62865?

The median listing price in MULKEYTOWN, IL 62865 is $129,900 as of March 2026, a 106.8% increase from $62,800 the prior year.

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

Homes in MULKEYTOWN, IL 62865 spend an average of 115 days on the market before going under contract, compared to 113 days the prior year.

Is it a seller's or buyer's market in MULKEYTOWN, IL 62865?

Based on current inventory and days-on-market data as of March 2026, MULKEYTOWN, IL 62865 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 115 days on market compared to 113 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MULKEYTOWN, IL 62865 save an estimated $2,598 compared to a typical 5% commission on the median listing price of $129,900. 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.