Is Dunlap, IL 61525 a buyer’s or seller’s market?
Dunlap is a seller’s market. With about 1 months of supply and 56% 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.
More competitive than 98% of U.S. ZIP codes, and #5 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Dunlap housing market right now
In the three months ending August 31, 2026, 56% of homes in Dunlap, IL 61525 sold above their list price, the typical home went under contract in 8 days and there was 1 month of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 66 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 38%, homes sold faster (11 days then) and the median sale price rose 20% to $463,799. Overall, Dunlap is more competitive than a year ago, so tougher for buyers.
Within Peoria County, homes here sell faster than in 85% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Dunlap ranks #5 of 464 IL ZIP codes with enough sales (score 94 out of 100).
Nearby, buyers who want less competition could look at Peoria 61602 (0% sold over asking) or Trivoli 61569 (0% sold over asking).
Run the numbers for 61525
Nearby markets
Brimfield 61517Seller’s market $138 /sq ftChillicothe 61523Seller’s market $125 /sq ftEdelstein 61526Seller’s market $117 /sq ftEdwards 61528Seller’s market $153 /sq ft Browse all markets →Towns like Dunlap nearby
Find towns like Dunlap in other states →Where Dunlap is
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Questions about Dunlap real estate
Is Dunlap a buyer’s or seller’s market?
A seller’s market: there was 1 months of supply in Dunlap, IL 61525 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 Dunlap?
The typical home went under contract in 8 days in the latest three months.
Do homes in Dunlap sell over asking?
56% of homes sold above their original list price, and the typical sale closed at 102.0% of the list price.
What are property taxes in Dunlap?
About 2.24% of a home’s value a year in Peoria County, or roughly $8,960 on a $400,000 home.
What is the median home price in Dunlap?
The median sale price was $463,799 in the three months ending August 31, 2026, about $148 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