Is Farina, IL 62838 a buyer’s or seller’s market?
Farina is a seller’s market. With about 0.5 months of supply and 17% 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 supply0.5Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list92.5%Sold price ÷ list price
Median days on market12Listing to accepted offer
Median price per sq ft$63▼ −45.0% vs. last year
Run the numbers for 62838
Nearby markets
Beecher City 62414 — /sq ftBrownstown 62418 $130 /sq ftRamsey 62080Buyer’s market $78 /sq ftSaint Elmo 62458Balanced $76 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology