Is North Henderson, IL 61466 a buyer’s or seller’s market?

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

North Henderson is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.2%Sold price ÷ list price
Median days on market9Listing to accepted offer
Median price per sq ft$56

The North Henderson housing market right now

In the three months ending August 31, 2026, 0% of homes in North Henderson, IL 61466 sold above their list price, the typical home went under contract in 9 days and there were 6.4 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.

The median sale price was $62,473, or about $56 per square foot.

Within Mercer County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Matherville 61263 (100% sold over asking) and Reynolds 61279 (67% sold over asking) are even more competitive.

Nearby markets

Aledo 61231Seller’s market $93 /sq ftAlexis 61412Seller’s market $67 /sq ftJoy 61260Seller’s market $44 /sq ftKeithsburg 61442 — /sq ft Browse all markets →

Where North Henderson is

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Questions about North Henderson real estate

Is North Henderson a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in North Henderson, IL 61466 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 North Henderson?

The typical home went under contract in 9 days in the latest three months.

Do homes in North Henderson sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.2% of the list price.

What are property taxes in North Henderson?

About 1.96% of a home’s value a year in Mercer County, or roughly $7,840 on a $400,000 home.

What is the median home price in North Henderson?

The median sale price was $62,473 in the three months ending August 31, 2026, about $56 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