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GOLCONDA, IL 62938

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

Market Analysis

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

The GOLCONDA, IL real estate market (62938) currently shows 10 active listings, with 3 pending sales. Homes are averaging 220 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 220 days on market compared to 40 days last year.

The median listing price has fallen 46.7% year-over-year, from $187,450 to $99,900.

Whether you are buying or selling in GOLCONDA, 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: 2,874  ·  Density: 6.6/mi²  ·  Median household income: $59,276

Typical home value: $122,441  ·  Homeownership: 81.7%

Market Overview

Active Listings
10
⇩ 23.1% vs 13 last year
Pending
3
30% pending ratio
Median Price
$99,900
⇩ 46.7% vs $187,450 last year
Average Price
$112,513
⇩ 64.7% vs $318,392 last year
Days on Market
220
⇧ 450% vs 40 days last year

Price Per Square Foot

Median $/sqft
$73
⇩ 41.6% vs $125/sqft last year
Median Home Size
1,353 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 13 last year
  • Days on market: 220 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $99,900 (-46.7% YoY)
  • Average: $112,513 (-64.7% 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 25.8 miles — 255 listings ($72,186,021 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62938Golconda, IL 629380.0 mi11$2,342,208$172,500$212,928
62985Simpson, IL 629859.8 mi5$2,308,085$441,500$461,617
62943Grantsburg, IL 6294311.1 mi1$440,000$440,000$440,000
62947Herod, IL 6294713.5 mi2$229,800$114,900$114,900
42028Burna, KY 4202815.2 mi2$455,000$227,500$227,500
42078Salem, KY 4207816.4 mi2$2,250,000$1,125,000$1,125,000
62931Elizabethtown, IL 6293117.8 mi6$1,923,960$230,000$320,660
62995Vienna, IL 6299518.6 mi15$4,946,130$241,725$329,742
62946Harrisburg, IL 6294622.2 mi51$6,731,133$92,475$131,983
42058Ledbetter, KY 4205823.1 mi7$1,693,650$234,800$241,950
42086West Paducah, KY 4208624.0 mi7$2,799,314$378,675$399,902
42064Marion, KY 4206425.1 mi21$4,991,616$210,000$237,696
42001Paducah, KY 4200125.8 mi125$41,075,125$295,500$328,601

Frequently Asked Questions

How many homes are for sale in GOLCONDA, IL 62938?

As of July 2026, there are 10 active listings in GOLCONDA, IL (zip code 62938), compared to 13 the prior year.

What is the median home price in GOLCONDA, IL 62938?

The median listing price in GOLCONDA, IL 62938 is $99,900 as of July 2026, a 46.7% decrease from $187,450 the prior year.

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

Homes in GOLCONDA, IL 62938 spend an average of 220 days on the market before going under contract, compared to 40 days the prior year.

Is it a seller's or buyer's market in GOLCONDA, IL 62938?

Based on current inventory and days-on-market data as of July 2026, GOLCONDA, IL 62938 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 220 days on market compared to 40 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GOLCONDA, IL 62938 save an estimated $1,998 compared to a typical 5% commission on the median listing price of $99,900. 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.