ZIP Code Market Report
61942 — Newman, IL
Data through February 2026 · Updated monthly
Avg Home Value
$89,402
▲ 11.3% year-over-year
Month-over-Month
-5.0%
▼ 5.0%
Single Family
$91,605
Condo / Co-op
--
The average home value in the 61942 ZIP code (Newman, ILLINOIS) is $89,402 as of February 2026. Home prices are rising, up 11.3% compared to last year.
A 3-bedroom home in 61942 is valued at $112,340.
The market in 61942 has a $132,036 spread between bottom-tier homes at $47,724 and top-tier homes at $179,760. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Douglas County market area in ILLINOIS. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Douglas County report.
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Market Snapshot
61942 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $95,538 | $94,082 | $89,402 | ▼ 6.4% |
| Single Family Value | $91,202 | $92,427 | $91,605 | ▲ 0.4% |
Home Values
61942 Home Value Trend
Historical home values for ZIP code 61942. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 61942
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $61,706 |
| 3 Bedrooms | $112,340 |
Property Types
Home Values by Property Type in 61942
How different property types compare in this ZIP code.
All Homes
$89,402
Single Family
$91,605
Bottom Tier
$47,724
Top Tier
$179,760
Data Sources and Methodology
Home value data for ZIP code 61942 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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