Is Compton, IL 61318 a buyer’s or seller’s market?
Compton is a seller’s market. With about 1.6 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 Compton housing market right now
In the three months ending August 31, 2026, 0% of homes in Compton, IL 61318 sold above their list price, the typical home went under contract in 58 days and there were 1.6 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 was about the same (0% then), homes sold faster (122 days then) and the median sale price fell 40% to $271,882. Overall, Compton is more competitive than a year ago, so tougher for buyers.
Within Lee County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Dixon 61021 (31% sold over asking) and Steward 60553 (20% sold over asking) are even more competitive.
Run the numbers for 61318
Nearby markets
Amboy 61310Seller’s market $113 /sq ftAshton 61006Seller’s market $107 /sq ftDixon 61021Seller’s market $126 /sq ftEldena 61324 — /sq ft Browse all markets →Where Compton is
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Questions about Compton real estate
Is Compton a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Compton, IL 61318 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 Compton?
The typical home went under contract in 58 days in the latest three months.
Do homes in Compton sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.
What are property taxes in Compton?
About 1.97% of a home’s value a year in Lee County, or roughly $7,880 on a $400,000 home.
What is the median home price in Compton?
The median sale price was $271,882 in the three months ending August 31, 2026, about $220 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