Is Sparland, IL 61565 a buyer’s or seller’s market?

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

Sparland is a seller’s market. With about 1.6 months of supply and 17% 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 supply1.6Under 4 months = seller’s market

Sold above original list16.7%Share of sales, last 3 months

Median sale-to-list97.3%Sold price ÷ list price

Median days on market15Listing to accepted offer

Median price per sq ft$101▲ +1.7% vs. last year

Run the numbers for 61565

Prefilled for 61565Can I win this house?Multiple-offer likelihood for a listing Prefilled for 61565Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Henry 61537Seller’s market $81 /sq ft La Rose 61541Seller’s market $49 /sq ft Lacon 61540Seller’s market $87 /sq ft Speer 61479 $83 /sq ft Browse all markets →

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