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Is Sheffield, IL 61361 a buyer’s or seller’s market?

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

Sheffield is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.1Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list97.6%Sold price ÷ list price
Median days on market52Listing to accepted offer
Median price per sq ft$88▼ −27.6% vs. last year

Run the numbers for 61361

Prefilled for 61361Can I win this house?Multiple-offer likelihood for a listing Prefilled for 61361Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Arlington 61312Buyer’s market $136 /sq ftBuda 61314Buyer’s market $87 /sq ftCherry 61317 $153 /sq ftDalzell 61320Seller’s market $187 /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