Is Oneida, IL 61467 a buyer’s or seller’s market?

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

Oneida is a seller’s market. With about 2.4 months of supply and 25% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.4Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list99.7%Sold price ÷ list price
Median days on market82Listing to accepted offer
Median price per sq ft$71▲ +9.8% vs. last year

The Oneida housing market right now

In the three months ending August 31, 2026, 25% of homes in Oneida, IL 61467 sold above their list price, the typical home went under contract in 82 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 rose from 0%, homes sold more slowly (31 days then) and the median sale price rose 20% to $144,388. Overall, Oneida is more competitive than a year ago, so tougher for buyers.

Within Knox County, homes here sell more slowly than in 85% of the county’s ZIP codes, and sell more often over asking than in 62%.

Nearby, buyers who want less competition could look at Williamsfield 61489 (0% sold over asking) or Wataga 61488 (0% sold over asking), while Maquon 61458 (50% sold over asking) and Victoria 61485 (50% sold over asking) are even more competitive.

Nearby markets

Abingdon 61410Seller’s market $79 /sq ftAltona 61414Balanced $91 /sq ftDahinda 61428Seller’s market $185 /sq ftEast Galesburg 61430Seller’s market $126 /sq ft Browse all markets →

Where Oneida is

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Questions about Oneida real estate

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

A seller’s market: there were 2.4 months of supply in Oneida, IL 61467 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 Oneida?

The typical home went under contract in 82 days in the latest three months.

Do homes in Oneida sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 99.7% of the list price.

What are property taxes in Oneida?

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

What is the median home price in Oneida?

The median sale price was $144,388 in the three months ending August 31, 2026, about $71 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