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PATOKA, IL 62875

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

Market Analysis

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

The PATOKA, IL real estate market (62875) currently shows 1 active listings. Homes are averaging 104 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 104 days on market compared to 18 days last year.

The median listing price has fallen 20% year-over-year, from $75,000 to $60,000.

Whether you are buying or selling in PATOKA, 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: 1,235  ·  Density: 6.7/mi²  ·  Median household income: $69,545

Typical home value: $93,238  ·  Homeownership: 91.2%

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$60,000
⇩ 20% vs $75,000 last year
Average Price
$60,000
⇩ 20% vs $75,000 last year
Days on Market
104
⇧ 477.8% vs 18 days last year

Price Per Square Foot

Median $/sqft
$114
⇧ 78.1% vs $64/sqft last year
Median Home Size
528 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 104 now vs 18 last year

Median & Average Pricing

Year over Year
  • Median: $60,000 (-20% YoY)
  • Average: $60,000 (-20% 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 23.3 miles — 119 listings ($21,956,354 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62875Patoka, IL 628750.0 mi2$228,000$114,000$114,000
62882Sandoval, IL 628828.5 mi5$568,335$135,000$113,667
62870Odin, IL 628709.4 mi5$592,125$109,400$118,425
62284Smithboro, IL 6228412.6 mi2$1,265,000$632,500$632,500
62881Salem, IL 6288113.5 mi34$5,782,584$154,450$170,076
62262Mulberry Grove, IL 6226214.6 mi1$110,000$110,000$110,000
62250Hoffman, IL 6225016.8 mi1$179,500$179,500$179,500
62801Centralia, IL 6280117.1 mi51$8,866,962$156,950$173,862
62418Brownstown, IL 6241819.8 mi4$1,063,168$146,000$265,792
62893Walnut Hill, IL 6289320.7 mi3$600,000$265,000$200,000
62849Iuka, IL 6284922.4 mi7$1,450,680$250,000$207,240
62275Pocahontas, IL 6227523.0 mi2$850,000$425,000$425,000
62830Dix, IL 6283023.3 mi2$400,000$200,000$200,000

Frequently Asked Questions

How many homes are for sale in PATOKA, IL 62875?

As of March 2026, there are 1 active listings in PATOKA, IL (zip code 62875), compared to 1 the prior year.

What is the median home price in PATOKA, IL 62875?

The median listing price in PATOKA, IL 62875 is $60,000 as of March 2026, a 20% decrease from $75,000 the prior year.

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

Homes in PATOKA, IL 62875 spend an average of 104 days on the market before going under contract, compared to 18 days the prior year.

Is it a seller's or buyer's market in PATOKA, IL 62875?

Based on current inventory and days-on-market data as of March 2026, PATOKA, IL 62875 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 104 days on market compared to 18 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PATOKA, IL 62875 save an estimated $1,200 compared to a typical 5% commission on the median listing price of $60,000. 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.