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Featured local agent — Effingham, IL
Sarah Mitchell
Compass Real Estate · Effingham, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Effingham, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$235,000median sale price
How is the Effingham, IL housing market right now?
The median home sale price in Effingham, IL is $235,000, down 2.1% year-over-year. Homes sell in an average of 30 days with 33 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Effingham a buyer's or seller's market?
Effingham, IL is currently a seller's market, based on 2.5 months of supply and homes selling in about 30 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
30
Average pace
Active listings
33
2.5 months supply
Sale-to-list
99.5%
Below asking
What does the Effingham housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $235,000 |
| Median list price | $197,450 |
| Year-over-year price change | -2.1% |
| Average days on market | 30 days |
| Active inventory | 33 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 99.5% |
| Median price per sq ft | $129/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 16 |
| Listings with a price cut | 45.5% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Effingham by property type?
How the Effingham, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $242,450 | $126/sq ft | 12 | 32 days |
| Condo / Co-op | $185,000 | $88/sq ft | 1 | 9 days |
Source: Redfin · Updated monthly
The Effingham housing market is currently classified as a seller's market with a median sale price of $235,000. Prices have fallen 2.1% compared to last year, with homes spending an average of 30 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.6x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Effingham
There are currently 33 homes listed for sale in Effingham, Illinois. The median listing price is $197K.
Active listings
33
Homes on market
Median list price
$197K
Avg. days on market
30
Days until sale
New this week
16
Newly listed
Who lives in Effingham?
Population
12,258
Median income
$65,718/yr
Median age
36.9 years
Owner-occupied
64.3%
College grads
27.8%
Avg commute
13.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Effingham?
Zillow home value
$234,833
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Effingham?
Effingham is a community of approximately 12K residents with a median age of 36.9 years.The median household income is $65,718, which represents a working-class community with solid middle-income opportunities. 27.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 64.3%, showing a blend of owner and renter-occupied properties. The average commute time is 13.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Effingham offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Effingham?
9 schools tracked · 2,281 students
The largest public schools serving Effingham, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Effingham High School
Grades 9-12 · 739 students
Central Grade School
Grades 2-5 · 503 students
Effingham Junior High School
Grades 6-8 · 486 students
South Side Grade School
Grades 1-2 · 277 students
Early Learning Center
Grades K · 142 students
Effingham Unit 40 Preschool
Grades PK · 134 students
Aspire Alternative High School
Grades 9-12
Tristar Acad Safe Sch Program
Grades 6-9
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Effingham, IL?
Want a head-to-head view? Compare Effingham side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Effingham?
The median home sale price in Effingham is $235,000, down 2.1% from last year.
How long do homes stay on market in Effingham?
Homes typically spend 30 days on market before going under contract.
What is the median income in Effingham?
The median household income is $65,718 per year.
Is Effingham a buyer's or seller's market?
With 2.5 months of supply, Effingham is currently a seller's market.
What is the Zillow home value estimate for Effingham?
The Zillow Home Value Index (ZHVI) for Effingham is $234,833, representing the typical home value in the area.
What is the median condo price in Effingham?
The median condo/co-op sale price in Effingham, IL is $185,000, compared to $242,450 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Effingham?
The median single-family home price in Effingham, IL is $242,450 (about $126 per square foot).
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