Is Red Bud, IL 62278 a buyer’s or seller’s market?

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

Red Bud is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score52/ 100

More competitive than 53% of U.S. ZIP codes, and #362 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 July 31, 2026. See the breakdown

Months of supply4.8Under 4 months = seller’s market

Sold above original list21.4%Share of sales, last 3 months

Median sale-to-list98.3%Sold price ÷ list price

Median days on market50Listing to accepted offer

Median price per sq ft$122▲ +8.5% vs. last year

Run the numbers for 62278

Prefilled for 62278Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62278Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Columbia 62236Seller’s market $156 /sq ft Fults 62244Seller’s market $179 /sq ft Hecker 62248 — /sq ft Renault 62279 — /sq ft Browse all markets →

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More tools for 62278

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

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