Condos for sale in Effingham, IL

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Effingham, IL Real Estate Market Overview

The inventory of homes for sale in Effingham, IL between January 2025 and February 2025 increased by 10.2%. Listings spent 63 days on the market in February 2025, and had a median list price of $229,900 during the same period. In February 2025, from all listings sold in Effingham, IL there were more than 1 sold above asking price, over 5 sold below and more than 4 were sold right at the asked price.
From Rocket Homes Real Estate and based on county public records data

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1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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*Based on Rocket Mortgage data in comparison to public data records.

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