Is Harmon, IL 61042 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Harmon 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 list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Harmon housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Lee County, IL

Population	404
Median income	$70,833
Average income	$92,356
Median home value	$153,600
Median rent	$796/month
Owner-occupied	73% of homes
Median year built	1938

Natural hazard riskTornadoes (relatively high), hail (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 61042; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 61042

Prefilled for 61042Can I win this house?Multiple-offer likelihood for a listing Prefilled for 61042Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Amboy 61310Seller’s market $113 /sq ft Ashton 61006Seller’s market $107 /sq ft Compton 61318Seller’s market $220 /sq ft Dixon 61021Seller’s market $126 /sq ft Browse all markets →

Where Harmon is

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Questions about Harmon real estate

What are property taxes in Harmon?

About 1.97% of a home’s value a year in Lee County, or roughly $7,880 on a $400,000 home.

Local agents

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More tools for 61042

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 Lee County property taxes Lee County loan limits Closing costs in Illinois Hottest ZIP codes in Illinois

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