62401 Home Values & Market Trends

There are 209 homes currently listed for 62401. 62401 real estate market trends show that home prices range from $34,900 to $1,999,900, and the median sales price in the 62401 zip code is $411,165. The total number of properties sold within the past twelve months is 329. In 62401, 4 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.

62401 Real Estate Market Overview

CityMedian Est. Value
Effingham

$ 411,165

$ 297/sqft

Housing Market Summary for 62401

Sep 2025September 2026Change
Median Listing Price$322.4K$285K-11.60%
Median Sold Price$214.9K$482.4K124.45%
Homes For Sale14619835.62%
Homes Sold173115-33.53%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 62401

The median list price of a home in Effingham, is $411,165. A total of 209 properties are for sale, and the percentage of properties for sale in the zip code is 209.00%. The total count of 62401 properties is 337.

Foreclosure
There is 1 cities within 62401; within this cities, the median estimated home value for homes in foreclosure ranges from $520,672 in effingham to the lowest value of $346,389 in effingham. Foreclosure homes account for 1.00% of properties in 62401 with effingham containing 4 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.59% of all residential properties in 62401 with effingham containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 62401; of that cities, the estimated home value for pre-foreclosure homes ranges from $520,672 in effingham to the lowest home value of $368,608 in effingham.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 62401 ranges from the highest value of $0 in effingham to the lowest value of $0 in effingham. Bank owned homes and properties account for 0.30% of properties in 62401. There is 1 cities within 62401; effingham containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    effingham has 1 auction properties, the highest number of properties going to auction in a single city in the state of 62401. Auction homes and other auction properties account for 0.30% of all properties in 62401. There is 1 cities within 62401; of that cities, the median estimated home value for homes going to auction ranges from $346,389 in effingham to the lowest value of $346,389 in effingham.
Homes for Sale
Homes and properties that are actively listed for sale account for 62.02% of residential properties in 62401 with effingham containing 209 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 62401; homes for sale in that cities, have a range of median values from $1,817,890 in effingham to the lowest value of $42,657 in effingham.
    Sold Homes
    The median value for recently sold homes ranges from $1,105,430 in effingham to the lowest price of $55,000 in effingham. There is 1 cities within 62401. effingham has 120 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 35.61% of properties in 62401.

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      Guide for 62401

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.