Is Viola, IL 61486 a buyer’s or seller’s market?
Viola is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Viola housing market right now
In the three months ending August 31, 2026, 0% of homes in Viola, IL 61486 sold above their list price, the typical home went under contract in 43 days and there were 4.3 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 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold faster (46 days then) and the median sale price fell 54% to $78,466. Overall, Viola is less competitive than a year ago, which gives buyers more room.
Within Mercer County, homes here sell more slowly 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.
Run the numbers for 61486
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 →Towns like Viola nearby
Find towns like Viola in other states →Where Viola is
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Questions about Viola real estate
Is Viola a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Viola, IL 61486 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 Viola?
The typical home went under contract in 43 days in the latest three months.
Do homes in Viola sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 89.6% of the list price.
What are property taxes in Viola?
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 Viola?
The median sale price was $78,466 in the three months ending August 31, 2026, about $75 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