Is Hillsboro, IL 62049 a buyer’s or seller’s market?
Hillsboro is a seller’s market. With about 2.5 months of supply and 28% 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.
Competition score47/ 100
More competitive than 47% of U.S. ZIP codes, and #383 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply2.5Under 4 months = seller’s market
Sold above original list27.8%Share of sales, last 3 months
Median sale-to-list93.7%Sold price ÷ list price
Median days on market38Listing to accepted offer
Median price per sq ft$96▲ +5.6% vs. last year
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Nearby markets
Coffeen 62017 $136 /sq ftFarmersville 62533 — /sq ftHarvel 62538Buyer’s market — /sq ftIrving 62051Buyer’s market $91 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology