Is Speer, IL 61479 a buyer’s or seller’s market?
Speer is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Speer housing market right now
In the three months ending August 31, 2026, 100% of homes in Speer, IL 61479 sold above their list price and the typical home went under contract in 3 days. With only 1 sale, these figures can swing a lot from month to month.
The median sale price was $179,922, or about $83 per square foot.
Within Marshall County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at La Rose 61541 (0% sold over asking) or Henry 61537 (0% sold over asking).
Run the numbers for 61479
Nearby markets
Henry 61537Seller’s market $81 /sq ftLa Rose 61541Seller’s market $49 /sq ftLacon 61540Seller’s market $87 /sq ftSparland 61565Seller’s market $101 /sq ft Browse all markets →Where Speer is
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Questions about Speer real estate
How fast do homes sell in Speer?
The typical home went under contract in 3 days in the latest three months.
Do homes in Speer sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 105.9% of the list price.
What are property taxes in Speer?
About 1.94% of a home’s value a year in Marshall County, or roughly $7,760 on a $400,000 home.
What is the median home price in Speer?
The median sale price was $179,922 in the three months ending August 31, 2026, about $83 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