Is Mineral, IL 61344 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Mineral 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 list0%Share of sales, last 3 months

Median sale-to-list100%Sold price ÷ list price

Median days on market128Listing to accepted offer

Median price per sq ft$70▼ −27.3% vs. last year

The Mineral housing market right now

In the three months ending August 31, 2026, 0% of homes in Mineral, IL 61344 sold above their list price and the typical home went under contract in 128 days. 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 (146 days then) and the median sale price rose 26% to $119,848. Overall, Mineral is more competitive than a year ago, so tougher for buyers.

Within Bureau County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Dalzell 61320 (100% sold over asking) and Cherry 61317 (50% sold over asking) are even more competitive.

About the area

Bureau County, IL

Population	264
Median income	$44,063
Average income	$53,527
Median home value	$71,400
Median rent	$750/month
Owner-occupied	86% of homes
Median year built	1938

Natural hazard riskTornadoes (very high), hail (relatively high), earthquakes (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 61344; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 61344

Prefilled for 61344Can I win this house?Multiple-offer likelihood for a listing Prefilled for 61344Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Arlington 61312Buyer’s market $136 /sq ft Buda 61314Buyer’s market $87 /sq ft Cherry 61317 $153 /sq ft Dalzell 61320Seller’s market $187 /sq ft Browse all markets →

Where Mineral is

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Questions about Mineral real estate

How fast do homes sell in Mineral?

The typical home went under contract in 128 days in the latest three months.

Do homes in Mineral 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 Mineral?

About 2.01% of a home’s value a year in Bureau County, or roughly $8,040 on a $400,000 home.

What is the median home price in Mineral?

The median sale price was $119,848 in the three months ending August 31, 2026, about $70 per square foot.

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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 Bureau County property taxes Bureau 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