Is La Harpe, IL 61450 a buyer’s or seller’s market?

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

La Harpe 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-list95.9%Sold price ÷ list price
Median days on market73Listing to accepted offer
Median price per sq ft$79▲ +35.4% vs. last year

The La Harpe housing market right now

In the three months ending August 31, 2026, 0% of homes in La Harpe, IL 61450 sold above their list price, the typical home went under contract in 73 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 4 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 (167 days then) and the median sale price rose 41% to $126,945. Overall, La Harpe is more competitive than a year ago, so tougher for buyers.

Within Hancock County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Nauvoo 62354 (50% sold over asking) is even more competitive.

Nearby markets

Augusta 62311Buyer’s market $48 /sq ftBowen 62316 — /sq ftCarthage 62321Buyer’s market $37 /sq ftDallas City 62330Buyer’s market $25 /sq ft Browse all markets →

Where La Harpe is

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Questions about La Harpe real estate

Is La Harpe a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in La Harpe, IL 61450 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 La Harpe?

The typical home went under contract in 73 days in the latest three months.

Do homes in La Harpe sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.9% of the list price.

What are property taxes in La Harpe?

About 1.81% of a home’s value a year in Hancock County, or roughly $7,240 on a $400,000 home.

What is the median home price in La Harpe?

The median sale price was $126,945 in the three months ending August 31, 2026, about $79 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