Is Scales Mound, IL 61075 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Scales Mound 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.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market30Listing to accepted offer
Median price per sq ft$148▼ −25.5% vs. last year

The Scales Mound housing market right now

In the three months ending August 31, 2026, 0% of homes in Scales Mound, IL 61075 sold above their list price, the typical home went under contract in 30 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.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (115 days then) and the median sale price fell 26% to $224,903. Overall, Scales Mound is more competitive than a year ago, so tougher for buyers.

Within Jo Daviess County, homes here sell faster than in 71% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Hanover 61041 (33% sold over asking) and East Dubuque 61025 (18% sold over asking) are even more competitive.

Nearby markets

Apple River 61001Seller’s market $182 /sq ftEast Dubuque 61025Seller’s market $126 /sq ftElizabeth 61028Buyer’s market $118 /sq ftGalena 61036Balanced $178 /sq ft Browse all markets →

Where Scales Mound is

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Questions about Scales Mound real estate

Is Scales Mound a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Scales Mound, IL 61075 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 Scales Mound?

The typical home went under contract in 30 days in the latest three months.

Do homes in Scales Mound sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Scales Mound?

About 1.72% of a home’s value a year in Jo Daviess County, or roughly $6,880 on a $400,000 home.

What is the median home price in Scales Mound?

The median sale price was $224,903 in the three months ending August 31, 2026, about $148 per square foot.

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