Is Palestine, IL 62451 a buyer’s or seller’s market?

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

Palestine is a seller’s market. With about 1.1 months of supply and 0% 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 supply1.1Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list76.7%Sold price ÷ list price

Median days on market78Listing to accepted offer

Median price per sq ft$30

Run the numbers for 62451

Prefilled for 62451Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62451Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Annapolis 62413 $70 /sq ft Hutsonville 62433 — /sq ft Oblong 62449 — /sq ft Robinson 62454Balanced $88 /sq ft Browse all markets →

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