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PEARL CITY, IL 61062

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

Market Analysis

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

The PEARL CITY, IL real estate market (61062) currently shows 7 active listings, with 3 pending sales. Homes are averaging 44 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 44 days on market compared to 58 days last year.

The median listing price has risen 33.5% year-over-year, from $135,000 to $180,250.

Whether you are buying or selling in PEARL CITY, 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: 2,015  ·  Density: 10.4/mi²  ·  Median household income: $77,937

Typical home value: $182,714  ·  Homeownership: 80.3%

Market Overview

Active Listings
7
⇧ 75% vs 4 last year
Pending
3
43% pending ratio
Median Price
$180,250
⇧ 33.5% vs $135,000 last year
Average Price
$227,488
⇩ 0.2% vs $227,967 last year
Days on Market
44
⇩ 24.1% vs 58 days last year

Price Per Square Foot

Median $/sqft
$83
⇩ 14.4% vs $97/sqft last year
Median Home Size
1,501 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 4 last year
  • Days on market: 44 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $180,250 (+33.5% YoY)
  • Average: $227,488 (-0.2% 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 22.4 miles — 150 listings ($29,586,223 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61062Pearl City, IL 610620.0 mi6$1,500,000$205,000$250,000
61048Lena, IL 610489.2 mi8$1,806,264$199,900$225,783
61032Freeport, IL 6103211.4 mi84$14,854,224$169,900$176,836
61053Mount Carroll, IL 6105311.9 mi7$661,500$94,500$94,500
61013Cedarville, IL 6101313.5 mi2$429,800$214,900$214,900
61030Forreston, IL 6103016.1 mi4$683,800$170,950$170,950
61074Savanna, IL 6107417.1 mi16$2,143,168$84,900$133,948
61018Dakota, IL 6101818.5 mi2$1,148,000$574,000$574,000
61067Ridott, IL 6106719.2 mi2$599,800$299,900$299,900
61039German Valley, IL 6103919.4 mi3$1,479,900$559,900$493,300
61001Apple River, IL 6100120.3 mi6$2,603,580$399,750$433,930
61070Rock City, IL 6107022.0 mi1$45,000$45,000$45,000
61064Polo, IL 6106422.4 mi9$1,631,187$155,000$181,243

Frequently Asked Questions

How many homes are for sale in PEARL CITY, IL 61062?

As of February 2026, there are 7 active listings in PEARL CITY, IL (zip code 61062), compared to 4 the prior year.

What is the median home price in PEARL CITY, IL 61062?

The median listing price in PEARL CITY, IL 61062 is $180,250 as of February 2026, a 33.5% increase from $135,000 the prior year.

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

Homes in PEARL CITY, IL 61062 spend an average of 44 days on the market before going under contract, compared to 58 days the prior year.

Is it a seller's or buyer's market in PEARL CITY, IL 61062?

Based on current inventory and days-on-market data as of February 2026, PEARL CITY, IL 61062 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 44 days on market compared to 58 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PEARL CITY, IL 61062 save an estimated $3,605 compared to a typical 5% commission on the median listing price of $180,250. 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.