| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $288,425 | +15.2% YoY |
| Median price per sq ft | $150 | 2,029 sq ft median |
| Median days on market | 62 | +70% YoY |
| Active listings | 77 | +3% YoY |
| New listings this month | 48 | June 2026 |
| Listings with a price cut | 26% | Share of active |
| Median sale price (closed) | $245,950 | +2.5% YoY |
| Sale-to-list ratio | 98.4% | Closed sales |
Metropolitan market · Illinois · June 2026 data
Effingham Real Estate Market
As of June 2026, the median home listed in Effingham, IL asks $288,425 — up 15.2% year over year. Homes sell in a median of 62 days, with 77 active listings and 26% carrying a price cut — a balanced market. Figures come from public records and industry data, updated monthly.
Median listing price
$288,425
▲ 15.2% YoY
Median $ / sq ft
$150
2,029 sq ft median
Median days on market
62
June 2026
Active listings
77
For sale now
New listings
48
June 2026
Listings with price cuts
26%
Share of active
Median sale price (closed)
$245,950
▲ 2.5% YoY · closed sales
Sale-to-list ratio
98.4%
Closed sales
Homes sold / month
22
Closed sales
Effingham housing market statistics
The table summarizes Effingham's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.
How have home prices changed in Effingham?
Effingham home prices are up 15.2% year over year and +7.8% month over month as of June 2026, at a $288,425 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Effingham IL · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Effingham IL · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Effingham?
Effingham has 77 active listings, 48 new this month, 25 pending as of June 2026. About 26% of active listings have cut their price, and inventory sits at 49% of its 2019 level — a balanced market by pace.
Is Effingham a good real estate investment?
Effingham scores 57/100 on WealthyBud's composite Investor Score, ranking #313 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
57/100
#313 of 932 covered metros
Effingham scores 57/100 on our composite Investor Score (#313 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 49% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 15.2% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Effingham ranks on the trending markets index.
How much is a monthly mortgage payment in Effingham?
A home at Effingham's $288,425 median listing runs about $1,448 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 5.43%
$1,300/mo
−$148/mo vs today
At today's rate · 6.43%
$1,448/mo
National weekly average
If rates rise 1% · 7.43%
$1,602/mo
+$154/mo vs today
Principal & interest on the $288,425 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.
What is driving the Effingham housing market?
Longer-run demand in Effingham shows up in 49 homes permitted in 2025; net migration of -40 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
49
▲ 81.5% vs 2024
1.1 per 1,000 residents
Net migration (2022–2023)
-40
▼ people, via tax-return records
net income flow −$3.84M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
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ReadEffingham housing market FAQ
What is the median home price in Effingham?
As of June 2026, the median listing price in Effingham, IL is $288,425, up 15.2% year over year (source: public records and industry data). Figures cover the Effingham, IL metro area.
How much does it cost to buy a home in Effingham?
The median home listed in Effingham asks $288,425 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $1,448 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Effingham?
The median property in Effingham spends 62 days on the market, with 77 homes actively listed and 26% of them carrying a price cut — a balanced market by pace as of June 2026.
Is it a buyer's or seller's market in Effingham?
With a median 62 days on market and 26% of active listings carrying a price cut, Effingham reads as a balanced market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Effingham a good place to invest in real estate?
Effingham scores 57/100 on WealthyBud's Investor Score, ranking #313 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Effingham?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Effingham and the wider Illinois market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Effingham, IL metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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