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Effingham, IL housing market

Housing market indicators

Indicator 2022202320242025* Change202220232024YTD
Median Listing Price per Square Feet $100 $125 $118 $126 3.1% 25% -5.6% 6.8%
Active Listing Count 49 72 72 71 -5.8% 46.9% 0% -1.4%
Median Days on Market 61 64 74 65 -9% 4.9% 15.6% -12.2%
Share of listings with price decrease 14.5% 15.8% 19.3% 22.1%

* last available value

Home prices

Short term housing supply drivers

Long term housing demand drivers

Long term housing supply drivers




Note: 12M MA - 12 months moving average, Permits - New Private Housing Structures Authorized by Building Permits. Source: FRED


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