Effingham County, IL Home Values & Market Trends

The median home price in Effingham County, IL is $190,825.44. There were 434 home sales in Effingham County, IL over the past 12 months. The median residential Effingham County, IL home value for transactions over the previous year is $148,172. The number of current listings in Effingham County, IL is 1, and the percentage of properties for sale is 1.00%. The county has 12 foreclosures, 5 bank owned properties, 1 headed for auction, and 1 properties for sale.

Effingham County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Altamont

$ 467,630

$ 112/sqft

Teutopolis

$ --

$ --

Edgewood

$ --

$ --

Effingham

$ --

$ --

Shumway

$ --

$ --

Dieterich

$ --

$ --

Mason

$ --

$ --

Watson

$ --

$ --

Beecher City

$ --

$ --

Montrose

$ --

$ --

Housing Market Summary for Effingham County, IL

Apr 2023March 2024Change
Median Listing Price$0$180.3K-
Median Sold Price$164.3K$180.3K9.74%
Homes For Sale01-
Homes Sold272252-7.35%
Price
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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 Effingham County, IL

Effingham County, IL home values range from $19,849 to $4,339,130. Altamont is the priciest city with a median listing home price of $1,325,000, and Altamont is most affordable with average house prices of around $1,325,000.

Foreclosure
There are 10 cities within Effingham County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $111,439 in Effingham to the lowest value of $39,818 in Effingham. Foreclosure homes account for 0.00% of properties in Effingham County, IL with Effingham containing 6 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.05% of all residential properties in Effingham County, IL with Effingham containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 10 cities within Effingham County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $998,139 in Watson to the lowest home value of $39,818 in Effingham.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Effingham County, IL ranges from the highest value of $187,700 in Effingham to the lowest value of $104,427 in Altamont. Bank owned homes and properties account for 0.04% of properties in Effingham County, IL. There are 10 cities within Effingham County, IL; Effingham containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Beecher City has 1 auction properties, the highest number of properties going to auction in a single city in the state of Effingham County, IL. Auction homes and other auction properties account for 0.01% of all properties in Effingham County, IL. There are 10 cities within Effingham County, IL; of those cities, the median estimated home value for homes going to auction ranges from $85,066 in Beecher City to the lowest value of $85,066 in Beecher City.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.01% of residential properties in Effingham County, IL with Altamont containing 1 homes for sale, the highest number of listed properties in a single city. There are 10 cities within Effingham County, IL; homes for sale in those cities, have a range of median values from $467,630 in Altamont to the lowest value of $467,630 in Altamont.
    Sold Homes
    The median value for recently sold homes ranges from $487,841 in Teutopolis to the lowest price of $19,849 in Teutopolis. There are 10 cities within Effingham County, IL. Effingham has 151 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.18% of properties in Effingham County, IL.

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      Guide for Effingham County, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
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      Anchorage Real Estate Market Report April 2024
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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.

      Anchorage Real Estate Market Report April 2024
      Market Reports|posted 17 April 2024

      An examination of the real estate market in Anchorage, Alaska, comparing property values, sales trends, and foreclosure rates with nearby cities to provide a comprehensive understanding of regional market trends.

      Recently Listed Homes Effingham County, IL

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