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Featured local agent — Neoga, IL

Sarah Mitchell

CNESRESABR

Compass Real Estate · Neoga, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Neoga, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Neoga, IL Housing Market & Real Estate

Seller's market+46.0% YoY

Housing market overview · Updated monthly ·

$164,200median sale price

How is the Neoga, IL housing market right now?

The median home sale price in Neoga, IL is $164,200, up 46.0% year-over-year. Homes sell in an average of 59 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Neoga a buyer's or seller's market?

Seller's market1.0 months of supply59 avg. days on market

Neoga, IL is currently a seller's market, based on 1.0 months of supply and homes selling in about 59 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

59

Average pace

Active listings

1

1.0 months supply

Sale-to-list

103.0%

Above asking

What does the Neoga housing market data show?

Current housing market statistics for Neoga, IL
MetricValue
Median sale price$164,200
Year-over-year price change+46.0%
Average days on market59 days
Active inventory1 listings
Months of supply1.0 months
Sale-to-list price ratio103.0%
Median price per sq ft$109/sq ft
Homes sold (latest month)1
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Neoga by property type?

How the Neoga, IL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Neoga, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$164,200$109/sq ft159 days

Source: Redfin · Updated monthly

The Neoga housing market is currently classified as a seller's market with a median sale price of $164,200. Prices have risen 46.0% compared to last year, with homes spending an average of 59 days on market, indicating 1.0 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 2.6x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Neoga

There are currently 1 homes listed for sale in Neoga, Illinois.

Active listings

1

Homes on market

Avg. days on market

59

Days until sale

Sale-to-list:103.0%

Who lives in Neoga?

Population

1,248

Median income

$70,804/yr

Median age

41.2 years

Owner-occupied

72.0%

College grads

24.0%

Avg commute

25.4 min

Source: U.S. Census Bureau ACS

What are homes worth in Neoga?

Zillow home value

$182,440

Price-to-income

2.6x

Source: Zillow Research

What is it like to live in Neoga?

Neoga is a community of approximately 1K residents with a median age of 41.2 years.The median household income is $70,804, which represents a working-class community with solid middle-income opportunities. 24.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 72.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Neoga offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Neoga?

4 schools tracked · 492 students

The largest public schools serving Neoga, 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.

Neoga Jr/Sr High School

Grades 6-12 · 272 students

Public

Neoga Elementary School

Grades PK-5 · 220 students

Public

HELP Neoga

Grades PK

Special ed

Neoga Early Childhood Center

Grades PK

Public

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 Neoga, IL?

Want a head-to-head view? Compare Neoga side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Neoga?

The median home sale price in Neoga is $164,200, up 46.0% from last year.

How long do homes stay on market in Neoga?

Homes typically spend 59 days on market before going under contract.

What is the median income in Neoga?

The median household income is $70,804 per year.

Is Neoga a buyer's or seller's market?

With 1.0 months of supply, Neoga is currently a seller's market.

What is the Zillow home value estimate for Neoga?

The Zillow Home Value Index (ZHVI) for Neoga is $182,440, representing the typical home value in the area.

How much does a single-family home cost in Neoga?

The median single-family home price in Neoga, IL is $164,200 (about $109 per square foot).

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