Effingham, IL
Housing market overview · Updated weekly
$214,500median sale price
Homes sold
8
Last 12 weeks
Days on market
38
Average pace
Active listings
29
3.6 months supply
Sale-to-list
94.0%
Below asking
The Effingham housing market is currently classified as a balanced market with a median sale price of $214,500. Prices have risen 12.9% compared to last year, with homes spending an average of 38 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Effingham
There are currently 29 homes listed for sale in Effingham, Il. The median listing price is $225K.
Active listings
29
Homes on market
Median list price
$225K
Avg. days on market
38
Days until sale
New this week
11
Newly listed
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Frequently asked questions
What is the average home price in Effingham?
The median home sale price in Effingham is $214,500, up 12.9% from last year.
How long do homes stay on market in Effingham?
Homes typically spend 38 days on market before going under contract.
Is Effingham a buyer's or seller's market?
With 3.6 months of supply, Effingham is currently a balanced market.
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