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Is Belvidere, IL 61008 a buyer’s or seller’s market?

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

Belvidere is a seller’s market. With about 1.4 months of supply and 45% 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.

Competition score87/ 100

More competitive than 92% of U.S. ZIP codes, and #24 of 464 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.4Under 4 months = seller’s market
Sold above original list44.8%Share of sales, last 3 months
Median sale-to-list100.6%Sold price ÷ list price
Median days on market11Listing to accepted offer
Median price per sq ft$151▲ +8.8% vs. last year

Run the numbers for 61008

Prefilled for 61008Can I win this house?Multiple-offer likelihood for a listing Prefilled for 61008Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Caledonia 61011Seller’s market $147 /sq ftCapron 61012Seller’s market $172 /sq ftGarden Prairie 61038 $91 /sq ftPoplar Grove 61065Seller’s market $150 /sq ft Browse all markets →

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