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Is Gladstone, IL 61437 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Gladstone is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.3%Sold price ÷ list price
Median days on market78Listing to accepted offer
Median price per sq ft$76▼ −21.9% vs. last year

The Gladstone housing market right now

In the three months ending August 31, 2026, 0% of homes in Gladstone, IL 61437 sold above their list price, the typical home went under contract in 78 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 (125 days then) and the median sale price fell 73% to $57,975. Overall, Gladstone is more competitive than a year ago, so tougher for buyers.

Nearby, Oquawka 61469 (40% sold over asking) is even more competitive.

Run the numbers for 61437

Prefilled for 61437Can I win this house?Multiple-offer likelihood for a listing Prefilled for 61437Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Biggsville 61418Seller’s market $77 /sq ftCarman 61425 — /sq ftLomax 61454 — /sq ftOquawka 61469Seller’s market $78 /sq ft Browse all markets →

Where Gladstone is

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Questions about Gladstone real estate

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

A buyer’s market: there were 9.6 months of supply in Gladstone, IL 61437 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 Gladstone?

The typical home went under contract in 78 days in the latest three months.

Do homes in Gladstone sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.3% of the list price.

What are property taxes in Gladstone?

About 1.58% of a home’s value a year in Henderson County, or roughly $6,320 on a $400,000 home.

What is the median home price in Gladstone?

The median sale price was $57,975 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