Is Blandinsville, IL 61420 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Blandinsville is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list88.5%Sold price ÷ list price
Median days on market84Listing to accepted offer
Median price per sq ft$76▲ +54.6% vs. last year

The Blandinsville housing market right now

In the three months ending August 31, 2026, 0% of homes in Blandinsville, IL 61420 sold above their list price, the typical home went under contract in 84 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is 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 faster (131 days then) and the median sale price rose 44% to $97,458. Overall, Blandinsville is more competitive than a year ago, so tougher for buyers.

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

Nearby, Colchester 62326 (33% sold over asking) and Macomb 61455 (12% sold over asking) are even more competitive.

Nearby markets

Adair 61411 — /sq ftBushnell 61422Buyer’s market $76 /sq ftColchester 62326Seller’s market $81 /sq ftGood Hope 61438Seller’s market $63 /sq ft Browse all markets →

Where Blandinsville is

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Questions about Blandinsville real estate

Is Blandinsville a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in Blandinsville, IL 61420 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 Blandinsville?

The typical home went under contract in 84 days in the latest three months.

Do homes in Blandinsville sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 88.5% of the list price.

What are property taxes in Blandinsville?

About 2.13% of a home’s value a year in McDonough County, or roughly $8,520 on a $400,000 home.

What is the median home price in Blandinsville?

The median sale price was $97,458 in the three months ending August 31, 2026, about $76 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