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Is Chapin, IL 62628 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list90.7%Sold price ÷ list price
Median days on market199Listing to accepted offer
Median price per sq ft$55▼ −70.9% vs. last year

Run the numbers for 62628

Prefilled for 62628Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62628Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alexander 62601 — /sq ftConcord 62631 $79 /sq ftFranklin 62638 $61 /sq ftJacksonville 62650Seller’s market $90 /sq ft Browse all markets →

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