OfferBackedBuyer Tools

Is Dewey, IL 61840 a buyer’s or seller’s market?

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

Dewey is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list101.3%Sold price ÷ list price
Median days on market52Listing to accepted offer
Median price per sq ft$251▲ +1.7% vs. last year

Run the numbers for 61840

Prefilled for 61840Can I win this house?Multiple-offer likelihood for a listing Prefilled for 61840Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bondville 61815Seller’s market $133 /sq ftBroadlands 61816Seller’s market $128 /sq ftChampaign 61820Seller’s market $153 /sq ftChampaign 61821Seller’s market $162 /sq ft Browse all markets →

Local agents

See all agents in 61840 →

No sponsored agents in 61840 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 61840

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 Champaign County property taxesChampaign County loan limitsClosing costs in IllinoisHottest ZIP codes in Illinois
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

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