Is Dunfermline, IL 61524 a buyer’s or seller’s market?
Dunfermline is a seller’s market. With about 3.2 months of supply and 0% 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 Dunfermline housing market right now
In the three months ending August 31, 2026, 0% of homes in Dunfermline, IL 61524 sold above their list price, the typical home went under contract in 5 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold about as fast and the median sale price rose 113% to $110,952. Overall, Dunfermline is about as competitive as it was a year ago.
Within Fulton County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Canton 61520 (25% sold over asking) and Farmington 61531 (17% sold over asking) are even more competitive.
Run the numbers for 61524
Nearby markets
Astoria 61501Buyer’s market $107 /sq ftAvon 61415Seller’s market $147 /sq ftCanton 61520Seller’s market $85 /sq ftCuba 61427Seller’s market $115 /sq ft Browse all markets →Where Dunfermline is
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Questions about Dunfermline real estate
Is Dunfermline a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Dunfermline, IL 61524 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 Dunfermline?
The typical home went under contract in 5 days in the latest three months.
Do homes in Dunfermline sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.6% of the list price.
What are property taxes in Dunfermline?
About 2.14% of a home’s value a year in Fulton County, or roughly $8,560 on a $400,000 home.
What is the median home price in Dunfermline?
The median sale price was $110,952 in the three months ending August 31, 2026, about $125 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