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DOWELL, IL 62927

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

Market Analysis

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

The DOWELL, IL real estate market (62927) currently shows 2 active listings, with 1 pending sales. Homes are averaging 127 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 127 days on market compared to 100 days last year.

The median listing price has fallen 40.6% year-over-year, from $62,000 to $36,800.

Whether you are buying or selling in DOWELL, 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: 299  ·  Density: 67.6/mi²  ·  Median household income: $46,750

Typical home value: $52,666  ·  Homeownership: 83.7%

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
1
50% pending ratio
Median Price
$36,800
⇩ 40.6% vs $62,000 last year
Average Price
$36,800
⇩ 40.6% vs $62,000 last year
Days on Market
127
⇧ 27% vs 100 days last year

Price Per Square Foot

Median $/sqft
$35
⇩ 30% vs $50/sqft last year
Median Home Size
1,013 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 3 last year
  • Days on market: 127 now vs 100 last year

Median & Average Pricing

Year over Year
  • Median: $36,800 (-40.6% YoY)
  • Average: $36,800 (-40.6% 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 17.0 miles — 173 listings ($36,622,485 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62927Dowell, IL 629270.0 mi2$113,000$56,500$56,500
62832Du Quoin, IL 628324.7 mi20$3,454,380$106,375$172,719
62983Royalton, IL 629838.1 mi7$1,941,450$277,350$277,350
62865Mulkeytown, IL 628659.3 mi3$585,750$209,000$195,250
62825Coello, IL 6282510.7 mi3$155,700$51,900$51,900
62999Zeigler, IL 6299911.2 mi3$244,350$81,450$81,450
62888Tamaroa, IL 6288812.9 mi3$1,725,000$575,000$575,000
62966Murphysboro, IL 6296613.2 mi60$12,397,020$119,000$206,617
62274Pinckneyville, IL 6227413.4 mi18$3,188,844$139,900$177,158
62918Carterville, IL 6291813.9 mi49$12,140,191$220,000$247,759
62907Ava, IL 6290714.7 mi2$507,000$253,500$253,500
62874Orient, IL 6287414.8 mi2$169,800$84,900$84,900
62883Scheller, IL 6288317.0 mi1$0$0$0

Frequently Asked Questions

How many homes are for sale in DOWELL, IL 62927?

As of February 2026, there are 2 active listings in DOWELL, IL (zip code 62927), compared to 3 the prior year.

What is the median home price in DOWELL, IL 62927?

The median listing price in DOWELL, IL 62927 is $36,800 as of February 2026, a 40.6% decrease from $62,000 the prior year.

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

Homes in DOWELL, IL 62927 spend an average of 127 days on the market before going under contract, compared to 100 days the prior year.

Is it a seller's or buyer's market in DOWELL, IL 62927?

Based on current inventory and days-on-market data as of February 2026, DOWELL, IL 62927 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 127 days on market compared to 100 days last year.

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

With SELL123.com's maximum 3% commission, sellers in DOWELL, IL 62927 save an estimated $736 compared to a typical 5% commission on the median listing price of $36,800. 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.