Is Ohio, IL 61349 a buyer’s or seller’s market?
Ohio is a seller’s market. With about 2.1 months of supply and 33% 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 Ohio housing market right now
In the three months ending August 31, 2026, 33% of homes in Ohio, IL 61349 sold above their list price, the typical home went under contract in 42 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 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 faster (76 days then) and the median sale price rose 35% to $224,903. Overall, Ohio is more competitive than a year ago, so tougher for buyers.
Within Bureau County, homes here sell faster than in 80% of the county’s ZIP codes, and sell more often over asking than in 73%.
Nearby, buyers who want less competition could look at Wyanet 61379 (0% sold over asking) or Walnut 61376 (0% sold over asking), while Dalzell 61320 (100% sold over asking) and Cherry 61317 (50% sold over asking) are even more competitive.
Run the numbers for 61349
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 →Towns like Ohio nearby
Find towns like Ohio in other states →Where Ohio is
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Questions about Ohio real estate
Is Ohio a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Ohio, IL 61349 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 Ohio?
The typical home went under contract in 42 days in the latest three months.
Do homes in Ohio sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.
What are property taxes in Ohio?
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 Ohio?
The median sale price was $224,903 in the three months ending August 31, 2026, about $126 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