Is Ludlow, IL 60949 a buyer’s or seller’s market?
Ludlow is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Ludlow housing market right now
In the three months ending August 31, 2026, 0% of homes in Ludlow, IL 60949 sold above their list price, the typical home went under contract in 77 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Within Champaign County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Dewey 61840 (100% sold over asking) and Fisher 61843 (67% sold over asking) are even more competitive.
Run the numbers for 60949
Nearby markets
Bondville 61815Seller’s market $133 /sq ftBroadlands 61816Seller’s market $128 /sq ftChampaign 61820Seller’s market $153 /sq ftChampaign 61821Seller’s market $162 /sq ft Browse all markets →Where Ludlow is
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Questions about Ludlow real estate
Is Ludlow a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Ludlow, IL 60949 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Ludlow?
The typical home went under contract in 77 days in the latest three months.
Do homes in Ludlow sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 89.5% of the list price.
What are property taxes in Ludlow?
About 2.06% of a home’s value a year in Champaign County, or roughly $8,240 on a $400,000 home.
What is the median home price in Ludlow?
The median sale price was $84,963 in the three months ending August 31, 2026.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology