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Featured local agent — Eureka, IL
Sarah Mitchell
Compass Real Estate · Eureka, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Eureka, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$232,000median sale price
How is the Eureka, IL housing market right now?
The median home sale price in Eureka, IL is $232,000, up 40.6% year-over-year. Homes sell in an average of 40 days with 8 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 Eureka a buyer's or seller's market?
Eureka, IL is currently a seller's market, based on 1.1 months of supply and homes selling in about 40 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
40
Average pace
Active listings
8
1.1 months supply
Sale-to-list
98.9%
Below asking
What does the Eureka housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $232,000 |
| Median list price | $79,900 |
| Year-over-year price change | +40.6% |
| Average days on market | 40 days |
| Active inventory | 8 listings |
| Months of supply | 1.1 months |
| Sale-to-list price ratio | 98.9% |
| Median price per sq ft | $145/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 4 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Eureka by property type?
How the Eureka, 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 | $233,500 | $156/sq ft | 6 | 41 days |
Source: Redfin · Updated monthly
The Eureka housing market is currently classified as a seller's market with a median sale price of $232,000. Prices have risen 40.6% compared to last year, with homes spending an average of 40 days on market, indicating 1.1 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 3.9x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Eureka
There are currently 8 homes listed for sale in Eureka, Illinois. The median listing price is $80K.
Active listings
8
Homes on market
Median list price
$80K
Avg. days on market
40
Days until sale
New this week
4
Newly listed
Who lives in Eureka?
Population
5,095
Median income
$55,172/yr
Median age
40.7 years
Owner-occupied
66.6%
College grads
31.9%
Avg commute
28.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Eureka?
Zillow home value
$217,168
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Eureka?
Eureka is a community of approximately 5K residents with a median age of 40.7 years.The median household income is $55,172, which represents a working-class community with solid middle-income opportunities. 31.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 66.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Eureka offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Eureka?
4 schools tracked · 1,365 students
The largest public schools serving Eureka, 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.
Eureka High School
Grades 9-12 · 481 students
Eureka Middle School
Grades 5-8 · 460 students
Davenport Elem School
Grades PK-4 · 424 students
WCSEA Eureka Intensive ECE
Grade range n/a
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 Eureka, IL?
Want a head-to-head view? Compare Eureka side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Eureka?
The median home sale price in Eureka is $232,000, up 40.6% from last year.
How long do homes stay on market in Eureka?
Homes typically spend 40 days on market before going under contract.
What is the median income in Eureka?
The median household income is $55,172 per year.
Is Eureka a buyer's or seller's market?
With 1.1 months of supply, Eureka is currently a seller's market.
What is the Zillow home value estimate for Eureka?
The Zillow Home Value Index (ZHVI) for Eureka is $217,168, representing the typical home value in the area.
How much does a single-family home cost in Eureka?
The median single-family home price in Eureka, IL is $233,500 (about $156 per square foot).
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