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Featured local agent — Mansfield, IL
Sarah Mitchell
Compass Real Estate · Mansfield, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Mansfield, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$207,000median sale price
How is the Mansfield, IL housing market right now?
The median home sale price in Mansfield, IL is $207,000. Homes sell in an average of 74 days with 3 active listings. The market is currently a balanced 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 Mansfield a buyer's or seller's market?
Mansfield, IL is currently a balanced market, based on 3.0 months of supply and homes selling in about 74 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
74
Average pace
Active listings
3
3.0 months supply
Sale-to-list
96.3%
Below asking
What does the Mansfield housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $207,000 |
| Median list price | $164,950 |
| Average days on market | 74 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 96.3% |
| Median price per sq ft | $105/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Mansfield by property type?
How the Mansfield, 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 | $207,000 | $105/sq ft | 1 | 74 days |
Source: Redfin · Updated monthly
The Mansfield housing market is currently classified as a balanced market with a median sale price of $207,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 74 days on market, indicating 3.0 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 3.1x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Mansfield
There are currently 3 homes listed for sale in Mansfield, Illinois. The median listing price is $165K.
Active listings
3
Homes on market
Median list price
$165K
Avg. days on market
74
Days until sale
New this week
2
Newly listed
Who lives in Mansfield?
Population
890
Median income
$72,500/yr
Median age
46.9 years
Owner-occupied
80.2%
College grads
10.5%
Avg commute
26.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Mansfield?
Zillow home value
$226,066
Price-to-income
3.1x
Source: Zillow Research
What is it like to live in Mansfield?
Mansfield is a community of approximately 1K residents with a median age of 46.9 years.The median household income is $72,500, which represents a working-class community with solid middle-income opportunities. 10.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 80.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Mansfield offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Mansfield?
1 schools tracked · 217 students
The largest public schools serving Mansfield, 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.
Blue Ridge Intermediate-Jr HS
Grades 4-8 · 217 students
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 Mansfield, IL?
Want a head-to-head view? Compare Mansfield side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Mansfield?
The median home sale price in Mansfield is $207,000, down 0.0% from last year.
How long do homes stay on market in Mansfield?
Homes typically spend 74 days on market before going under contract.
What is the median income in Mansfield?
The median household income is $72,500 per year.
Is Mansfield a buyer's or seller's market?
With 3.0 months of supply, Mansfield is currently a balanced market.
What is the Zillow home value estimate for Mansfield?
The Zillow Home Value Index (ZHVI) for Mansfield is $226,066, representing the typical home value in the area.
How much does a single-family home cost in Mansfield?
The median single-family home price in Mansfield, IL is $207,000 (about $105 per square foot).
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