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RIDGWAY, IL 62979

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

Market Overview

Active Listings
1
⇩ 50% vs 2 last year
Pending
0
0% pending ratio
Median Price
$49,900
⇩ 63% vs $134,900 last year
Average Price
$49,900
⇩ 63% vs $134,900 last year
Days on Market
161
⇧ 5.9% vs 152 days last year

Market Context

Population: 948  ·  Density: 7.5/mi²  ·  Median household income: $65,714

Typical home value: $81,301  ·  Homeownership: 76.8%

Market Analysis

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

The RIDGWAY, IL real estate market (62979) currently shows 1 active listings. Homes are averaging 161 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 161 days on market compared to 152 days last year.

The median listing price has fallen 63% year-over-year, from $134,900 to $49,900.

Whether you are buying or selling in RIDGWAY, 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: 1 this year vs 2 last year
  • Days on market: 161 now vs 152 last year

Median & Average Pricing

Year over Year
  • Median: $49,900 (-63% YoY)
  • Average: $49,900 (-63% 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 26.9 miles — 55 listings ($10,941,914 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62979Ridgway, IL 629790.0 mi1$49,900$49,900$49,900
62984Shawneetown, IL 629847.1 mi3$742,500$247,500$247,500
62867New Haven, IL 6286710.0 mi3$354,900$145,000$118,300
62930Eldorado, IL 6293011.4 mi17$2,742,950$112,500$161,350
62817Broughton, IL 6281716.6 mi1$249,000$249,000$249,000
42461Uniontown, KY 4246119.1 mi2$390,000$195,000$195,000
62931Elizabethtown, IL 6293119.5 mi6$1,701,174$230,000$283,529
42437Morganfield, KY 4243720.0 mi10$2,254,140$164,900$225,414
62947Herod, IL 6294720.5 mi1$69,900$69,900$69,900
62835Enfield, IL 6283521.1 mi1$425,000$425,000$425,000
62917Carrier Mills, IL 6291723.8 mi5$436,050$60,000$87,210
62987Stonefort, IL 6298726.7 mi3$897,000$299,000$299,000
47631New Harmony, IN 4763126.9 mi2$629,400$314,700$314,700

Frequently Asked Questions

How many homes are for sale in RIDGWAY, IL 62979?

As of January 2026, there are 1 active listings in RIDGWAY, IL (zip code 62979), compared to 2 the prior year.

What is the median home price in RIDGWAY, IL 62979?

The median listing price in RIDGWAY, IL 62979 is $49,900 as of January 2026, a 63% decrease from $134,900 the prior year.

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

Homes in RIDGWAY, IL 62979 spend an average of 161 days on the market before going under contract, compared to 152 days the prior year.

Is it a seller's or buyer's market in RIDGWAY, IL 62979?

Based on current inventory and days-on-market data as of January 2026, RIDGWAY, IL 62979 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 161 days on market compared to 152 days last year.

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

With SELL123.com's maximum 3% commission, sellers in RIDGWAY, IL 62979 save an estimated $998 compared to a typical 5% commission on the median listing price of $49,900. 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.