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NEW MEMPHIS, IL 62266

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

Market Analysis

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

The NEW MEMPHIS, IL real estate market (62266) currently shows 1 active listings, with 1 pending sales. Homes are averaging 11 days on the market before going under contract.

Whether you are buying or selling in NEW MEMPHIS, 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: 13  ·  Density: 0.6/mi²  ·  Median household income: $0

Typical home value: $0  ·  Homeownership: 100.0%

Market Overview

Active Listings
1
Pending
1
100% pending ratio
Median Price
$354,900
Average Price
$354,900
Days on Market
11

Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year

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 19.1 miles — 199 listings ($75,115,000 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62266New Memphis, IL 622660.0 mi1$354,900$354,900$354,900
62215Albers, IL 622153.3 mi2$489,266$269,000$244,633
62258Mascoutah, IL 622586.7 mi36$13,084,884$292,000$363,469
62271Okawville, IL 622717.3 mi4$1,036,000$219,000$259,000
62218Bartelso, IL 622189.9 mi1$140,000$140,000$140,000
62216Aviston, IL 6221610.7 mi4$800,000$200,000$200,000
62230Breese, IL 6223013.1 mi12$3,643,464$339,900$303,622
62243Freeburg, IL 6224313.6 mi14$4,546,640$324,950$324,760
62257Marissa, IL 6225714.2 mi10$1,340,250$152,400$134,025
62269O'Fallon, IL 6226916.6 mi98$44,773,064$435,000$456,868
62281Saint Jacob, IL 6228117.4 mi8$4,105,032$492,500$513,129
62292Tilden, IL 6229218.2 mi4$210,000$52,500$52,500
62803Hoyleton, IL 6280319.1 mi5$591,500$102,500$118,300

Frequently Asked Questions

How many homes are for sale in NEW MEMPHIS, IL 62266?

As of February 2026, there are 1 active listings in NEW MEMPHIS, IL (zip code 62266).

What is the median home price in NEW MEMPHIS, IL 62266?

The median listing price in NEW MEMPHIS, IL 62266 is $354,900 as of February 2026.

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

Homes in NEW MEMPHIS, IL 62266 spend an average of 11 days on the market before going under contract.

Is it a seller's or buyer's market in NEW MEMPHIS, IL 62266?

Based on current inventory and days-on-market data as of February 2026, NEW MEMPHIS, IL 62266 is currently a Balanced Market.

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

With SELL123.com's maximum 3% commission, sellers in NEW MEMPHIS, IL 62266 save an estimated $7,098 compared to a typical 5% commission on the median listing price of $354,900. 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.