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OMAHA, IL 62871

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

Market Overview

Active Listings
2
Pending
1
50% pending ratio
Median Price
$94,000
Average Price
$94,000
Days on Market
113

Market Context

Population: 620  ·  Density: 4.4/mi²  ·  Median household income: $76,200

Typical home value: $86,325  ·  Homeownership: 90.9%

Market Analysis

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

The OMAHA, IL real estate market (62871) currently shows 2 active listings, with 1 pending sales. Homes are averaging 113 days on the market before going under contract.

Whether you are buying or selling in OMAHA, 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

Median & Average Pricing

Year over Year

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 25.4 miles — 143 listings ($35,139,454 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62871Omaha, IL 628710.0 mi2$188,000$94,000$94,000
62869Norris City, IL 628696.3 mi4$624,500$155,250$156,125
62930Eldorado, IL 629309.9 mi17$2,742,950$112,500$161,350
62934Equality, IL 6293412.7 mi4$2,613,332$90,000$653,333
62821Carmi, IL 6282115.4 mi38$7,275,746$135,000$191,467
62835Enfield, IL 6283516.2 mi1$425,000$425,000$425,000
47620Mount Vernon, IN 4762020.0 mi42$11,121,054$239,900$264,787
62859McLeansboro, IL 6285920.3 mi7$4,331,397$75,000$618,771
62887Springerton, IL 6288722.1 mi1$85,000$85,000$85,000
42437Morganfield, KY 4243723.9 mi10$2,254,140$164,900$225,414
62931Elizabethtown, IL 6293124.0 mi6$1,701,174$230,000$283,529
47631New Harmony, IN 4763124.8 mi2$629,400$314,700$314,700
42459Sturgis, KY 4245925.4 mi9$1,147,761$105,000$127,529

Frequently Asked Questions

How many homes are for sale in OMAHA, IL 62871?

As of January 2026, there are 2 active listings in OMAHA, IL (zip code 62871).

What is the median home price in OMAHA, IL 62871?

The median listing price in OMAHA, IL 62871 is $94,000 as of January 2026.

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

Homes in OMAHA, IL 62871 spend an average of 113 days on the market before going under contract.

Is it a seller's or buyer's market in OMAHA, IL 62871?

Based on current inventory and days-on-market data as of January 2026, OMAHA, IL 62871 is currently a Balanced Market.

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

With SELL123.com's maximum 3% commission, sellers in OMAHA, IL 62871 save an estimated $1,880 compared to a typical 5% commission on the median listing price of $94,000. 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.