Is Illinois City, IL 61259 a buyer’s or seller’s market?
Illinois City is a seller’s market. With about 2.4 months of supply and 25% 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.
The Illinois City housing market right now
In the three months ending August 31, 2026, 25% of homes in Illinois City, IL 61259 sold above their list price, the typical home went under contract in 28 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (12 days then) and the median sale price rose 109% to $309,866. Overall, Illinois City is more competitive than a year ago, so tougher for buyers.
Within Rock Island County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 71%.
Nearby, buyers who want less competition could look at Cordova 61242 (0% sold over asking) or Hampton 61256 (10% sold over asking), while Rapids City 61278 (100% sold over asking) and Carbon Cliff 61239 (67% sold over asking) are even more competitive.
Run the numbers for 61259
Nearby markets
Andalusia 61232Balanced $118 /sq ftCarbon Cliff 61239Seller’s market $143 /sq ftCoal Valley 61240Seller’s market $140 /sq ftCordova 61242Buyer’s market $106 /sq ft Browse all markets →Towns like Illinois City nearby
Find towns like Illinois City in other states →Where Illinois City is
Loading map…
Questions about Illinois City real estate
Is Illinois City a buyer’s or seller’s market?
A seller’s market: there were 2.4 months of supply in Illinois City, IL 61259 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 Illinois City?
The typical home went under contract in 28 days in the latest three months.
Do homes in Illinois City sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 94.8% of the list price.
What are property taxes in Illinois City?
About 2.28% of a home’s value a year in Rock Island County, or roughly $9,120 on a $400,000 home.
What is the median home price in Illinois City?
The median sale price was $309,866 in the three months ending August 31, 2026, about $232 per square foot.
Local agents
See all agents in 61259 →No sponsored agents in 61259 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 61259
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology