Is Braceville, IL 60407 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Braceville is a seller’s market. With about 2.6 months of supply and 60% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.6Under 4 months = seller’s market

Sold above original list60%Share of sales, last 3 months

Median sale-to-list102.7%Sold price ÷ list price

Median days on market34Listing to accepted offer

Median price per sq ft$126▼ −21.2% vs. last year

Run the numbers for 60407

Prefilled for 60407Can I win this house?Multiple-offer likelihood for a listing Prefilled for 60407Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Coal City 60416Seller’s market $203 /sq ft Gardner 60424Seller’s market $133 /sq ft Kinsman 60437 — /sq ft Mazon 60444Seller’s market $188 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology