Is Niantic, IL 62551 a buyer’s or seller’s market?

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

Niantic is a seller’s market. With about 0.8 months of supply and 25% 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 supply0.8Under 4 months = seller’s market

Sold above original list25%Share of sales, last 3 months

Median sale-to-list92.7%Sold price ÷ list price

Median days on market33Listing to accepted offer

Median price per sq ft$114▼ −57.4% vs. last year

Run the numbers for 62551

Prefilled for 62551Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62551Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Argenta 62501Seller’s market $125 /sq ft Dalton City 61925 $122 /sq ft Decatur 62521Seller’s market $91 /sq ft Decatur 62522Seller’s market $75 /sq ft Browse all markets →

More tools for 62551

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