Homes for Sale in Assumption, IL

Assumption is a close-knit Christian County community along Route 51 between Pana and Decatur, with a compact downtown, quiet residential streets, and home prices that make first-time buying genuinely attainable. Grissom Schmitz Realty features Assumption on our site because we work this market constantly, and inventory here moves fast when it's priced right.

There are currently 17 active listings in Assumption, IL with an average list price of $31,200 and a median of $5,000.

Listings in Assumption have been on the market an average of 573 days.

The current inventory is made up of 2 residential homes, 14 lots and land parcels and 1 commercial property.

309 N Walnut Street, Assumption IL35 photos
MLS #6259625
Price ReducedUnder Contract
$239,900
309 N Walnut Street
Assumption, IL 62510
3 bd3 ba0.37 ac$104/sqft
Listed by Brinkoetter REALTORS®
202 S Business 51, Assumption IL27 photos
MLS #6256777
$127,500
202 S Business 51
Assumption, IL 62510
2 ba0.37 ac
Listed by Brinkoetter REALTORS®
110 N Poplar Street, Assumption IL27 photos
MLS #6259593
Price Reduced
$93,000
110 N Poplar Street
Assumption, IL 62510
2 bd1 ba0.18 ac$84/sqft
Listed by Brinkoetter REALTORS®
Lot 1 Baxmeyer Lane, Assumption IL8 photos
MLS #6249206
$5,000
Lot 1 Baxmeyer Lane
Assumption, IL 62510
0.6 acLot / Land
Listed by Brinkoetter REALTORS®
Lot 2 Baxmeyer Lane, Assumption IL8 photos
MLS #6249210
$5,000
Lot 2 Baxmeyer Lane
Assumption, IL 62510
0.6 acLot / Land
Listed by Brinkoetter REALTORS®
Lot 3 Baxmeyer Lane, Assumption IL8 photos
MLS #6249211
$5,000
Lot 3 Baxmeyer Lane
Assumption, IL 62510
0.6 acLot / Land
Listed by Brinkoetter REALTORS®
Lot 4 Baxmeyer Lane, Assumption IL9 photos
MLS #6249212
$5,000
Lot 4 Baxmeyer Lane
Assumption, IL 62510
0.6 acLot / Land
Listed by Brinkoetter REALTORS®
Lot 5 Baxmeyer Lane, Assumption IL9 photos
MLS #6249213
$5,000
Lot 5 Baxmeyer Lane
Assumption, IL 62510
0.6 acLot / Land
Listed by Brinkoetter REALTORS®
Lot 6 Baxmeyer Lane, Assumption IL9 photos
MLS #6249215
$5,000
Lot 6 Baxmeyer Lane
Assumption, IL 62510
0.6 acLot / Land
Listed by Brinkoetter REALTORS®
Lot 8 Baxmeyer Lane, Assumption IL9 photos
MLS #6249223
$5,000
Lot 8 Baxmeyer Lane
Assumption, IL 62510
0.6 acLot / Land
Listed by Brinkoetter REALTORS®
Lot 12 Baxmeyer Lane, Assumption IL9 photos
MLS #6249228
$5,000
Lot 12 Baxmeyer Lane
Assumption, IL 62510
0.6 acLot / Land
Listed by Brinkoetter REALTORS®
Lot 10 Baxmeyer Lane, Assumption IL9 photos
MLS #6249226
$5,000
Lot 10 Baxmeyer Lane
Assumption, IL 62510
0.6 acLot / Land
Listed by Brinkoetter REALTORS®
Lot 13 Baxmeyer Lane, Assumption IL9 photos
MLS #6249229
$5,000
Lot 13 Baxmeyer Lane
Assumption, IL 62510
0.6 acLot / Land
Listed by Brinkoetter REALTORS®
Lot 11 Baxmeyer Lane, Assumption IL4 photos
MLS #6249227
$5,000
Lot 11 Baxmeyer Lane
Assumption, IL 62510
0.6 acLot / Land
Listed by Brinkoetter REALTORS®
Lot 16 Baxmeyer Lane, Assumption IL9 photos
MLS #6249233
$5,000
Lot 16 Baxmeyer Lane
Assumption, IL 62510
0.6 acLot / Land
Listed by Brinkoetter REALTORS®
Lot 15 Baxmeyer Lane, Assumption IL9 photos
MLS #6249231
$5,000
Lot 15 Baxmeyer Lane
Assumption, IL 62510
0.6 acLot / Land
Listed by Brinkoetter REALTORS®
Lot 14 Baxmeyer Lane, Assumption IL9 photos
MLS #6249230
$5,000
Lot 14 Baxmeyer Lane
Assumption, IL 62510
0.6 acLot / Land
Listed by Brinkoetter REALTORS®

Living in Assumption

Assumption's housing stock is mostly single-family homes on generous lots, with older two-stories near the center of town and ranches toward the edges.

Students attend Central A&M CUSD 21, the consolidated district serving Assumption and Moweaqua, with a strong local following for its athletics and academics.

Route 51 puts Decatur about 30 minutes north and Pana 10 minutes south, so residents keep small-town living with two job markets in easy reach.

Assumption real estate FAQs

What is the average home price in Assumption, IL?

As of October 30, 2026, there are 17 active listings in Assumption, IL with an average list price of $31,200 and a median list price of $5,000. Grissom Schmitz Realty can show you any of them — call 217-562-7078.

What school district serves Assumption, IL?

Central A&M CUSD 21, which serves Assumption and Moweaqua.

How far is Assumption from Decatur?

About 30 minutes straight up Route 51.

Is Assumption a good place for first-time buyers?

Yes. It consistently offers some of the most affordable move-in-ready homes in Christian County.

Looking for something in Assumption?

Tell us what you need and we'll watch the market for you.

Call 217-562-7078

Disclaimer: All data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Central Illinois Board of Realtors. Detailed information about real estate listings held by brokerage firms other than Grissom Schmitz Realty include the name of the listing broker. Neither the listing company nor Grissom Schmitz Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. All properties are subject to prior sale, changes, or withdrawal.

Copyright 2026 Central Illinois Board of Realtors. All rights reserved. This site was last updated 10/29/2026, 6:53:34 PM (Central Time).