Is Edelstein, IL 61526 a buyer’s or seller’s market?
Edelstein is a seller’s market. With about 1.4 months of supply and 29% 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 Edelstein housing market right now
In the three months ending August 31, 2026, 29% of homes in Edelstein, IL 61526 sold above their list price, the typical home went under contract in 45 days and there were 1.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 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 33%, homes sold more slowly (14 days then) and the median sale price fell 7% to $279,879. Overall, Edelstein is less competitive than a year ago, which gives buyers more room.
Within Peoria County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell more often over asking than in 50%.
Nearby, buyers who want less competition could look at Peoria 61602 (0% sold over asking) or Trivoli 61569 (0% sold over asking), while Dunlap 61525 (56% sold over asking) and Edwards 61528 (47% sold over asking) are even more competitive.
Run the numbers for 61526
Nearby markets
Brimfield 61517Seller’s market $138 /sq ftChillicothe 61523Seller’s market $125 /sq ftDunlap 61525Seller’s market $148 /sq ftEdwards 61528Seller’s market $153 /sq ft Browse all markets →Towns like Edelstein nearby
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Questions about Edelstein real estate
Is Edelstein a buyer’s or seller’s market?
A seller’s market: there were 1.4 months of supply in Edelstein, IL 61526 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 Edelstein?
The typical home went under contract in 45 days in the latest three months.
Do homes in Edelstein sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 98.2% of the list price.
What are property taxes in Edelstein?
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 Edelstein?
The median sale price was $279,879 in the three months ending August 31, 2026, about $117 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