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Featured local agent — Pearl City, IL
Sarah Mitchell
Compass Real Estate · Pearl City, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Pearl City, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$217,000median sale price
How is the Pearl City, IL housing market right now?
The median home sale price in Pearl City, IL is $217,000, up 8.5% year-over-year. Homes sell in an average of 36 days. 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 Pearl City a buyer's or seller's market?
Pearl City, IL is currently a balanced market and homes selling in about 36 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
36
Average pace
Active listings
—
Sale-to-list
100.9%
Above asking
What does the Pearl City housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $217,000 |
| Year-over-year price change | +8.5% |
| Average days on market | 36 days |
| Sale-to-list price ratio | 100.9% |
| Median price per sq ft | $143/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Pearl City by property type?
How the Pearl City, 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 | $217,000 | $143/sq ft | 1 | 36 days |
Source: Redfin · Updated monthly
The Pearl City housing market is currently classified as a balanced market with a median sale price of $217,000. Prices have risen 8.5% compared to last year, with homes spending an average of 36 days on market.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 3.4x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Pearl City
Explore homes currently listed for sale in Pearl City, Illinois across major real estate platforms.
Who lives in Pearl City?
Population
798
Median income
$63,500/yr
Median age
32.5 years
Owner-occupied
74.8%
College grads
17.4%
Avg commute
22.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Pearl City?
Zillow home value
$217,251
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Pearl City?
Pearl City is a community of approximately 1K residents with a median age of 32.5 years.The median household income is $63,500, which represents a working-class community with solid middle-income opportunities. 17.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 74.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Pearl City offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Pearl City?
3 schools tracked · 417 students
The largest public schools serving Pearl City, 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.
Pearl City Elementary School
Grades PK-6 · 208 students
Pearl City High School
Grades 9-12 · 132 students
Pearl City Jr High School
Grades 7-8 · 77 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 Pearl City, IL?
Want a head-to-head view? Compare Pearl City side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Pearl City?
The median home sale price in Pearl City is $217,000, up 8.5% from last year.
How long do homes stay on market in Pearl City?
Homes typically spend 36 days on market before going under contract.
What is the median income in Pearl City?
The median household income is $63,500 per year.
What is the Zillow home value estimate for Pearl City?
The Zillow Home Value Index (ZHVI) for Pearl City is $217,251, representing the typical home value in the area.
How much does a single-family home cost in Pearl City?
The median single-family home price in Pearl City, IL is $217,000 (about $143 per square foot).
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