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EFFINGHAM, IL 62401

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The EFFINGHAM, IL real estate market (62401) currently shows 39 active listings, with 11 pending sales. Homes are averaging 67 days on the market before going under contract.

Inventory has tightened compared to last year, with 21 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 67 days on market compared to 95 days last year.

The median listing price has fallen 1.5% year-over-year, from $326,725 to $321,750.

Whether you are buying or selling in EFFINGHAM, 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: 19,240  ·  Density: 71.5/mi²  ·  Median household income: $72,438

Typical home value: $182,631  ·  Homeownership: 73.0%

Market Overview

Active Listings
39
⇩ 35% vs 60 last year
Pending
11
28% pending ratio
Median Price
$321,750
⇩ 1.5% vs $326,725 last year
Average Price
$459,648
⇩ 3.9% vs $478,398 last year
Days on Market
67
⇩ 29.5% vs 95 days last year

Price Per Square Foot

Median $/sqft
$141
⇧ 6% vs $133/sqft last year
Median Home Size
2,186 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 39 this year vs 60 last year
  • Days on market: 67 now vs 95 last year

Median & Average Pricing

Year over Year
  • Median: $321,750 (-1.5% YoY)
  • Average: $459,648 (-3.9% 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 25.3 miles — 118 listings ($31,692,365 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62401Effingham, IL 624010.0 mi42$17,651,844$305,000$420,282
62467Teutopolis, IL 624677.0 mi1$181,500$181,500$181,500
62411Altamont, IL 624119.5 mi10$2,809,610$200,000$280,961
62443Mason, IL 6244311.9 mi2$679,800$339,900$339,900
62447Neoga, IL 6244714.9 mi2$349,400$174,700$174,700
62465Strasburg, IL 6246516.2 mi1$289,900$289,900$289,900
62422Cowden, IL 6242219.1 mi2$448,400$224,200$224,200
62838Farina, IL 6283819.9 mi5$994,835$187,000$198,967
61957Windsor, IL 6195722.3 mi5$678,600$129,900$135,720
62448Newton, IL 6244823.2 mi13$2,593,968$185,000$199,536
62565Shelbyville, IL 6256524.0 mi24$3,443,472$139,500$143,478
62880Saint Peter, IL 6288024.5 mi3$504,900$190,000$168,300
62428Greenup, IL 6242825.3 mi8$1,066,136$133,500$133,267

Frequently Asked Questions

How many homes are for sale in EFFINGHAM, IL 62401?

As of February 2026, there are 39 active listings in EFFINGHAM, IL (zip code 62401), compared to 60 the prior year.

What is the median home price in EFFINGHAM, IL 62401?

The median listing price in EFFINGHAM, IL 62401 is $321,750 as of February 2026, a 1.5% decrease from $326,725 the prior year.

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

Homes in EFFINGHAM, IL 62401 spend an average of 67 days on the market before going under contract, compared to 95 days the prior year.

Is it a seller's or buyer's market in EFFINGHAM, IL 62401?

Based on current inventory and days-on-market data as of February 2026, EFFINGHAM, IL 62401 is currently a Seller's Market. Inventory has tightened compared to last year, with 21 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 67 days on market compared to 95 days last year.

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

With SELL123.com's maximum 3% commission, sellers in EFFINGHAM, IL 62401 save an estimated $6,435 compared to a typical 5% commission on the median listing price of $321,750. 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.