Is Tallula, IL 62688 a buyer’s or seller’s market?

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

Tallula 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.

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

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

Median sale-to-list74.5%Sold price ÷ list price

Median days on market18Listing to accepted offer

Median price per sq ft$53▼ −49.8% vs. last year

Run the numbers for 62688

Prefilled for 62688Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62688Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Athens 62613Seller’s market $141 /sq ft Greenview 62642Buyer’s market $119 /sq ft Oakford 62673Seller’s market $92 /sq ft Petersburg 62675Seller’s market $133 /sq ft Browse all markets →

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