Is Milledgeville, IL 61051 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Milledgeville is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market

Sold above original list50%Share of sales, last 3 months

Median sale-to-list99%Sold price ÷ list price

Median days on market2Listing to accepted offer

Median price per sq ft$89▼ −25.6% vs. last year

Run the numbers for 61051

Prefilled for 61051Can I win this house?Multiple-offer likelihood for a listing Prefilled for 61051Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Chadwick 61014Buyer’s market $70 /sq ft Lanark 61046Seller’s market $141 /sq ft Mount Carroll 61053Balanced $82 /sq ft Savanna 61074Balanced $84 /sq ft Browse all markets →

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Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

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