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RIDGWAY, IL 62979

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

Market Analysis

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

The RIDGWAY, IL real estate market (62979) currently shows 1 active listings. Homes are averaging 10 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 10 days on market compared to 193 days last year.

The median listing price has fallen 14.8% year-over-year, from $134,900 to $115,000.

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 Context

Market Context

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

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

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$115,000
⇩ 14.8% vs $134,900 last year
Average Price
$115,000
⇩ 14.8% vs $134,900 last year
Days on Market
10
⇩ 94.8% vs 193 days last year

Price Per Square Foot

Median $/sqft
$73
⇩ 1.4% vs $74/sqft last year
Median Home Size
1,568 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 10 now vs 193 last year

Median & Average Pricing

Year over Year
  • Median: $115,000 (-14.8% YoY)
  • Average: $115,000 (-14.8% 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 26.9 miles — 59 listings ($13,115,870 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62979Ridgway, IL 629790.0 mi1$49,900$49,900$49,900
62934Equality, IL 629349.7 mi4$3,190,000$522,500$797,500
62869Norris City, IL 6286911.2 mi6$1,103,448$156,125$183,908
62817Broughton, IL 6281716.6 mi1$239,000$239,000$239,000
42461Uniontown, KY 4246119.1 mi5$657,500$98,000$131,500
62931Elizabethtown, IL 6293119.5 mi6$1,923,960$230,000$320,660
42437Morganfield, KY 4243720.0 mi11$2,325,763$159,900$211,433
62947Herod, IL 6294720.5 mi2$229,800$114,900$114,900
62835Enfield, IL 6283521.1 mi1$425,000$425,000$425,000
62917Carrier Mills, IL 6291723.8 mi7$515,648$59,600$73,664
62859McLeansboro, IL 6285924.6 mi6$531,402$72,000$88,567
62827Crossville, IL 6282726.9 mi3$403,899$99,900$134,633
42406Corydon, KY 4240626.9 mi6$1,520,550$239,900$253,425

Frequently Asked Questions

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

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

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

The median listing price in RIDGWAY, IL 62979 is $115,000 as of March 2026, a 14.8% 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 10 days on the market before going under contract, compared to 193 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 March 2026, RIDGWAY, IL 62979 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 10 days on market compared to 193 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 $2,300 compared to a typical 5% commission on the median listing price of $115,000. 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.