Is Neponset, IL 61345 a buyer’s or seller’s market?
Neponset 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 Neponset housing market right now
In the three months ending August 31, 2026, 0% of homes in Neponset, IL 61345 sold above their list price, the typical home went under contract in 101 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 fell from 100%, homes sold more slowly (10 days then) and the median sale price rose 32% to $174,425. Overall, Neponset is less competitive than a year ago, which gives buyers more room.
Within Bureau County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell 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.
Run the numbers for 61345
Nearby markets
Arlington 61312Buyer’s market $136 /sq ftBuda 61314Buyer’s market $87 /sq ftCherry 61317 $153 /sq ftDalzell 61320Seller’s market $187 /sq ft Browse all markets →Where Neponset is
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Questions about Neponset real estate
Is Neponset a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Neponset, IL 61345 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 Neponset?
The typical home went under contract in 101 days in the latest three months.
Do homes in Neponset sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.4% of the list price.
What are property taxes in Neponset?
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 Neponset?
The median sale price was $174,425 in the three months ending August 31, 2026, about $63 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