Is New Boston, IL 61272 a buyer’s or seller’s market?
New Boston is a seller’s market. With about 3.2 months of supply and 0% 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 New Boston housing market right now
In the three months ending August 31, 2026, 0% of homes in New Boston, IL 61272 sold above their list price, the typical home went under contract in 60 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (26 days then) and the median sale price rose 101% to $213,408. Overall, New Boston is less competitive than a year ago, which gives buyers more room.
Within Mercer County, homes here sell more slowly than in 78% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Matherville 61263 (100% sold over asking) and Reynolds 61279 (67% sold over asking) are even more competitive.
Run the numbers for 61272
Nearby markets
Aledo 61231Seller’s market $93 /sq ftAlexis 61412Seller’s market $67 /sq ftJoy 61260Seller’s market $44 /sq ftKeithsburg 61442 — /sq ft Browse all markets →Towns like New Boston nearby
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Questions about New Boston real estate
Is New Boston a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in New Boston, IL 61272 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 New Boston?
The typical home went under contract in 60 days in the latest three months.
Do homes in New Boston sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.
What are property taxes in New Boston?
About 1.96% of a home’s value a year in Mercer County, or roughly $7,840 on a $400,000 home.
What is the median home price in New Boston?
The median sale price was $213,408 in the three months ending August 31, 2026, about $110 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