Is Kewanee, IL 61443 a buyer’s or seller’s market?

The Kewanee housing market right now

In the three months ending August 31, 2026, 21% of homes in Kewanee, IL 61443 sold above their list price, the typical home went under contract in 48 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 29 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold more slowly (23 days then) and the median sale price fell 14% to $86,463. Overall, Kewanee is less competitive than a year ago, which gives buyers more room.

Within Henry County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 55%. On our competition score, Kewanee ranks #435 of 464 IL ZIP codes with enough sales (score 36 out of 100).

Nearby, buyers who want less competition could look at Lynn Center 61262 (0% sold over asking) or Atkinson 61235 (0% sold over asking), while Alpha 61413 (67% sold over asking) and Andover 61233 (50% sold over asking) are even more competitive.