OfferBackedBuyer Tools Run my numbers

Is Olmsted, IL 62970 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Olmsted 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 list99.9%Share of sales, last 3 months
Median sale-to-list100.4%Sold price ÷ list price
Median days on market159Listing to accepted offer
Median price per sq ft$136▲ +89.8% vs. last year

Run the numbers for 62970

Prefilled for 62970Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62970Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Grand Chain 62941 $96 /sq ftMounds 62964Buyer’s market $62 /sq ft Browse all markets →

More tools for 62970

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