Is Ellisville, IL 61431 a buyer’s or seller’s market?
Ellisville 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.
The Ellisville housing market right now
In the three months ending August 31, 2026, 0% of homes in Ellisville, IL 61431 sold above their list price and the typical home went under contract in 25 days. With only 1 sale, these figures can swing a lot from month to month.
Within Fulton County, homes here sell faster than in 55% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Canton 61520 (25% sold over asking) and Farmington 61531 (17% sold over asking) are even more competitive.
Run the numbers for 61431
Nearby markets
Astoria 61501Buyer’s market $107 /sq ftAvon 61415Seller’s market $147 /sq ftCanton 61520Seller’s market $85 /sq ftCuba 61427Seller’s market $115 /sq ft Browse all markets →Where Ellisville is
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Questions about Ellisville real estate
How fast do homes sell in Ellisville?
The typical home went under contract in 25 days in the latest three months.
Do homes in Ellisville 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 Ellisville?
About 2.14% of a home’s value a year in Fulton County, or roughly $8,560 on a $400,000 home.
What is the median home price in Ellisville?
The median sale price was $189,818 in the three months ending August 31, 2026, about $147 per square foot.
Local agents
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More tools for 61431
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology