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HERRIN, IL 62948

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

Market Analysis

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

The HERRIN, IL real estate market (62948) currently shows 70 active listings, with 25 pending sales. Homes are averaging 97 days on the market before going under contract.

Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 97 days on market compared to 75 days last year.

The median listing price has fallen 31% year-over-year, from $139,925 to $96,500.

Whether you are buying or selling in HERRIN, 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: 12,679  ·  Density: 244.2/mi²  ·  Median household income: $55,272

Typical home value: $108,002  ·  Homeownership: 64.0%

Market Overview

Active Listings
70
⇧ 37.3% vs 51 last year
Pending
25
36% pending ratio
Median Price
$96,500
⇩ 31% vs $139,925 last year
Average Price
$131,117
⇩ 16.6% vs $157,232 last year
Days on Market
97
⇧ 29.3% vs 75 days last year

Price Per Square Foot

Median $/sqft
$86
⇩ 18.9% vs $106/sqft last year
Median Home Size
1,302 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 70 this year vs 51 last year
  • Days on market: 97 now vs 75 last year

Median & Average Pricing

Year over Year
  • Median: $96,500 (-31% YoY)
  • Average: $131,117 (-16.6% 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 14.7 miles — 277 listings ($43,589,812 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62948Herrin, IL 629480.0 mi71$10,017,745$99,999$141,095
62921Colp, IL 629213.3 mi1$26,600$26,600$26,600
62999Zeigler, IL 629995.1 mi3$244,350$81,450$81,450
62915Cambria, IL 629155.9 mi6$1,496,088$251,250$249,348
62874Orient, IL 628747.2 mi2$169,800$84,900$84,900
62896West Frankfort, IL 628968.0 mi46$5,962,934$105,725$129,629
62924De Soto, IL 629249.8 mi10$2,501,700$121,950$250,170
62822Christopher, IL 6282210.8 mi17$2,087,141$106,200$122,773
62902Carbondale, IL 6290211.4 mi9$4,605,903$489,000$511,767
62901Carbondale, IL 6290111.5 mi103$15,740,151$112,500$152,817
62974Pittsburg, IL 6297413.1 mi6$569,400$94,900$94,900
62856Logan, IL 6285613.8 mi1$55,000$55,000$55,000
62927Dowell, IL 6292714.7 mi2$113,000$56,500$56,500

Frequently Asked Questions

How many homes are for sale in HERRIN, IL 62948?

As of February 2026, there are 70 active listings in HERRIN, IL (zip code 62948), compared to 51 the prior year.

What is the median home price in HERRIN, IL 62948?

The median listing price in HERRIN, IL 62948 is $96,500 as of February 2026, a 31% decrease from $139,925 the prior year.

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

Homes in HERRIN, IL 62948 spend an average of 97 days on the market before going under contract, compared to 75 days the prior year.

Is it a seller's or buyer's market in HERRIN, IL 62948?

Based on current inventory and days-on-market data as of February 2026, HERRIN, IL 62948 is currently a Buyer's Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 97 days on market compared to 75 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HERRIN, IL 62948 save an estimated $1,930 compared to a typical 5% commission on the median listing price of $96,500. 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.