Is Victoria, IL 61485 a buyer’s or seller’s market?
Victoria is a seller’s market. With about 1.6 months of supply and 50% 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.
The Victoria housing market right now
In the three months ending August 31, 2026, 50% of homes in Victoria, IL 61485 sold above their list price, the typical home went under contract in 30 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Within Knox County, homes here sell faster than in 92% of the county’s ZIP codes, and sell more often over asking than in 92%.
Nearby, buyers who want less competition could look at Williamsfield 61489 (0% sold over asking) or Wataga 61488 (0% sold over asking).
Run the numbers for 61485
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 Victoria is
Loading map…
Questions about Victoria real estate
Is Victoria a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Victoria, IL 61485 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 Victoria?
The typical home went under contract in 30 days in the latest three months.
Do homes in Victoria sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 106.2% of the list price.
What are property taxes in Victoria?
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 Victoria?
The median sale price was $139,440 in the three months ending August 31, 2026, about $87 per square foot.
Local agents
See all agents in 61485 →No sponsored agents in 61485 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 61485
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology