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OREANA, IL 62554

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

Market Analysis

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

The OREANA, IL real estate market (62554) currently shows 2 active listings, with 1 pending sales. Homes are averaging 24 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 24 days on market compared to 143 days last year.

The median listing price has fallen 63.2% year-over-year, from $349,950 to $128,750.

Whether you are buying or selling in OREANA, 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: 1,727  ·  Density: 36.8/mi²  ·  Median household income: $92,344

Typical home value: $133,997  ·  Homeownership: 91.9%

Market Overview

Active Listings
2
⇩ 60% vs 5 last year
Pending
1
50% pending ratio
Median Price
$128,750
⇩ 63.2% vs $349,950 last year
Average Price
$128,750
⇩ 63.2% vs $349,950 last year
Days on Market
24
⇩ 83.2% vs 143 days last year

Price Per Square Foot

Median $/sqft
$73
⇩ 16.1% vs $87/sqft last year
Median Home Size
2,643 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 5 last year
  • Days on market: 24 now vs 143 last year

Median & Average Pricing

Year over Year
  • Median: $128,750 (-63.2% YoY)
  • Average: $128,750 (-63.2% 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 20.9 miles — 210 listings ($43,464,504 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62554Oreana, IL 625540.0 mi2$260,000$130,000$130,000
62535Forsyth, IL 625355.3 mi7$2,355,150$344,450$336,450
61756Maroa, IL 617567.6 mi3$816,750$272,250$272,250
62521Decatur, IL 625219.9 mi85$15,719,985$138,000$184,941
62522Decatur, IL 6252212.5 mi49$8,613,759$115,000$175,791
61936La Place, IL 6193612.7 mi1$114,900$114,900$114,900
61727Clinton, IL 6172714.3 mi24$4,990,080$169,900$207,920
61925Dalton City, IL 6192515.7 mi1$299,900$299,900$299,900
61856Monticello, IL 6185616.2 mi29$8,793,148$304,700$303,212
61813Bement, IL 6181316.8 mi4$1,053,332$250,000$263,333
61839De Land, IL 6183917.6 mi1$108,500$108,500$108,500
62518Chestnut, IL 6251818.3 mi1$219,000$219,000$219,000
62539Illiopolis, IL 6253920.9 mi3$120,000$40,000$40,000

Frequently Asked Questions

How many homes are for sale in OREANA, IL 62554?

As of February 2026, there are 2 active listings in OREANA, IL (zip code 62554), compared to 5 the prior year.

What is the median home price in OREANA, IL 62554?

The median listing price in OREANA, IL 62554 is $128,750 as of February 2026, a 63.2% decrease from $349,950 the prior year.

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

Homes in OREANA, IL 62554 spend an average of 24 days on the market before going under contract, compared to 143 days the prior year.

Is it a seller's or buyer's market in OREANA, IL 62554?

Based on current inventory and days-on-market data as of February 2026, OREANA, IL 62554 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 24 days on market compared to 143 days last year.

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

With SELL123.com's maximum 3% commission, sellers in OREANA, IL 62554 save an estimated $2,575 compared to a typical 5% commission on the median listing price of $128,750. 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.