Is Walnut, IL 61376 a buyer’s or seller’s market?
Walnut is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Walnut housing market right now
In the three months ending August 31, 2026, 0% of homes in Walnut, IL 61376 sold above their list price, the typical home went under contract in 34 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. 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 more slowly (2 days then) and the median sale price rose 8% to $191,667. Overall, Walnut is less competitive than a year ago, which gives buyers more room.
Within Bureau County, homes here sell faster than in 93% 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 61376
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 Walnut nearby
Find towns like Walnut in other states →Where Walnut is
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Questions about Walnut real estate
Is Walnut a buyer’s or seller’s market?
A buyer’s market: there were 8 months of supply in Walnut, IL 61376 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 Walnut?
The typical home went under contract in 34 days in the latest three months.
Do homes in Walnut sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.8% of the list price.
What are property taxes in Walnut?
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 Walnut?
The median sale price was $191,667 in the three months ending August 31, 2026, about $91 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