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ELKVILLE, IL 62932

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

Market Analysis

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

The ELKVILLE, IL real estate market (62932) currently shows 5 active listings, with 2 pending sales. Homes are averaging 81 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 81 days on market compared to 123 days last year.

The median listing price has fallen 57.2% year-over-year, from $212,475 to $90,875.

Whether you are buying or selling in ELKVILLE, 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: 1,238  ·  Density: 11.8/mi²  ·  Median household income: $44,125

Typical home value: $76,830  ·  Homeownership: 62.8%

Market Overview

Active Listings
5
⇩ 37.5% vs 8 last year
Pending
2
40% pending ratio
Median Price
$90,875
⇩ 57.2% vs $212,475 last year
Average Price
$87,425
⇩ 67.3% vs $267,103 last year
Days on Market
81
⇩ 34.1% vs 123 days last year

Price Per Square Foot

Median $/sqft
$74
⇩ 43.9% vs $132/sqft last year
Median Home Size
1,157 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 8 last year
  • Days on market: 81 now vs 123 last year

Median & Average Pricing

Year over Year
  • Median: $90,875 (-57.2% YoY)
  • Average: $87,425 (-67.3% 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 16.1 miles — 271 listings ($50,909,345 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62932Elkville, IL 629320.0 mi6$525,750$95,000$87,625
62924De Soto, IL 629245.4 mi10$2,501,700$121,950$250,170
62949Hurst, IL 629496.1 mi3$320,100$106,700$106,700
62832Du Quoin, IL 628328.0 mi20$3,454,380$106,375$172,719
62865Mulkeytown, IL 628658.7 mi3$585,750$209,000$195,250
62921Colp, IL 629219.7 mi1$26,600$26,600$26,600
62918Carterville, IL 6291810.3 mi49$12,140,191$220,000$247,759
62901Carbondale, IL 6290111.0 mi103$15,740,151$112,500$152,817
62966Murphysboro, IL 6296611.8 mi60$12,397,020$119,000$206,617
62819Buckner, IL 6281912.5 mi1$120,000$120,000$120,000
62933Energy, IL 6293313.5 mi1$0$0$0
62884Sesser, IL 6288415.8 mi9$1,889,703$111,500$209,967
62903Carbondale, IL 6290316.1 mi5$1,208,000$265,750$241,600

Frequently Asked Questions

How many homes are for sale in ELKVILLE, IL 62932?

As of February 2026, there are 5 active listings in ELKVILLE, IL (zip code 62932), compared to 8 the prior year.

What is the median home price in ELKVILLE, IL 62932?

The median listing price in ELKVILLE, IL 62932 is $90,875 as of February 2026, a 57.2% decrease from $212,475 the prior year.

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

Homes in ELKVILLE, IL 62932 spend an average of 81 days on the market before going under contract, compared to 123 days the prior year.

Is it a seller's or buyer's market in ELKVILLE, IL 62932?

Based on current inventory and days-on-market data as of February 2026, ELKVILLE, IL 62932 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 81 days on market compared to 123 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ELKVILLE, IL 62932 save an estimated $1,818 compared to a typical 5% commission on the median listing price of $90,875. 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.