Effingham, IL
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's cooling Effingham market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Effingham, IL.
The Effingham, IL market is currently cooling, characterized by a pending ratio of 0.28. While median listing prices have appreciated by 11.7% year-over-year, absorption remains moderate relative to available supply.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Effingham market right now.
Active listings have shown a modest increase of 2.6% over the past year, with new listings rising more substantially by 22.2% year-over-year. The median days on market observed a slight contraction of 7.8% year-over-year, indicating some velocity for absorbed properties. The pending ratio currently stands at 0.28, representing a 5.8% increase year-over-year from a low base, yet absorption is not keeping pace with the inflow of new supply. Concurrently, the median price per square foot has increased by 16.3% over the past year.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
With a pending ratio of 0.28, the market reflects a moderate pace of demand absorption relative to the overall inventory. This condition suggests that buyers may have increased opportunities for more deliberate consideration and negotiation on terms. The expanding inventory, particularly in new listings, contributes to a less pressured environment for price discipline.
The average listing price has declined by 8.5% year-over-year, while the median listing price has increased. This divergence, coupled with a median price per square foot increase, indicates potential softness or recalibration within the higher price tiers of the market, where average prices may be more influenced by a shifting mix of available luxury inventory.
79 active listings represent the current floor, with new supply arriving at roughly 44 per month.
of active listings carry a price reduction, -6.4% from prior period.
Median price per square foot has moved +16.3% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Effingham, IL? Homes here are taking 5 days less to sell than last year.
Buyers have leverage in Effingham, IL. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 28%
- Median Days on Market
- 54 days
- Inventory YoY
- +3%
In a buyer's market, strategy beats timing. See how your home scores in Effingham, IL and what moves the number.
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Metro Demographics
ZIPs in Effingham, IL
62454
robinson
$200K
44 active · 58 DOM
62401
effingham
$417K
42 active · 63 DOM
62450
olney
$169K
26 active · 33 DOM
62448
newton
$156K
21 active · 50 DOM
62439
lawrenceville
$130K
19 active · 63 DOM
62471
vandalia
$125K
18 active · 53 DOM
62420
casey
$168K
16 active · 50 DOM
62441
marshall
$280K
15 active · 47 DOM
62449
oblong
$162K
8 active · 54 DOM
62411
altamont
$169K
8 active · 32 DOM
62417
bridgeport
$107K
7 active · 74 DOM
62442
martinsville
$110K
6 active · 111 DOM
62427
flat rock
$229K
5 active · 50 DOM
62422
cowden
$179K
5 active · 50 DOM
62451
palestine
$111K
4 active · 54 DOM
62443
mason
$271K
4 active · 50 DOM
62467
teutopolis
$375K
3 active · 73 DOM
62478
west york
$277K
2 active · 11 DOM
Sorted by active inventory · click a ZIP for its full report