Is Argenta, IL 62501 a buyer’s or seller’s market?

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

Argenta is a seller’s market. With about 2.4 months of supply and 38% 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 supply2.4Under 4 months = seller’s market

Sold above original list37.5%Share of sales, last 3 months

Median sale-to-list99%Sold price ÷ list price

Median days on market17Listing to accepted offer

Median price per sq ft$125▲ +7.0% vs. last year

Run the numbers for 62501

Prefilled for 62501Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62501Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Dalton City 61925 $122 /sq ft Decatur 62521Seller’s market $91 /sq ft Decatur 62522Seller’s market $75 /sq ft Decatur 62523 — /sq ft Browse all markets →

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