Is Herrin, IL 62948 a buyer’s or seller’s market?
Herrin is a seller’s market. With about 3.1 months of supply and 21% 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 supply3.1Under 4 months = seller’s market
Sold above original list21.4%Share of sales, last 3 months
Median sale-to-list94.3%Sold price ÷ list price
Median days on market65Listing to accepted offer
Median price per sq ft$89▼ −8.3% vs. last year
Run the numbers for 62948
Nearby markets
Carbondale 62902Buyer’s market $112 /sq ftCarterville 62918Balanced $135 /sq ftCreal Springs 62922Buyer’s market $202 /sq ftEnergy 62933Seller’s market $51 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology