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Is Bismarck, IL 61814 a buyer’s or seller’s market?

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

Bismarck is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.3Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list91.2%Sold price ÷ list price
Median days on market27Listing to accepted offer
Median price per sq ft$129▼ −11.7% vs. last year

Run the numbers for 61814

Prefilled for 61814Can I win this house?Multiple-offer likelihood for a listing Prefilled for 61814Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Allerton 61810Buyer’s market $81 /sq ftAlvin 61811Seller’s market $176 /sq ftArmstrong 61812 — /sq ftCatlin 61817Seller’s market $113 /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