Is Eureka, IL 61530 a buyer’s or seller’s market?
Eureka is a seller’s market. With about 2.9 months of supply and 20% 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 62% of U.S. ZIP codes, and #315 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 July 31, 2026. See the breakdown
The Eureka housing market right now
In the three months ending August 31, 2026, 20% of homes in Eureka, IL 61530 sold above their list price, the typical home went under contract in 29 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 64%, homes sold more slowly (6 days then) and the median sale price rose 5% to $277,380. Overall, Eureka is less competitive than a year ago, which gives buyers more room.
Within Woodford County, homes here sell faster than in 78% of the county’s ZIP codes, and sell more often over asking than in 56%.
Nearby, buyers who want less competition could look at Minonk 61760 (0% sold over asking) or Goodfield 61742 (0% sold over asking), while Secor 61771 (50% sold over asking) and Washburn 61570 (38% sold over asking) are even more competitive.
Run the numbers for 61530
Nearby markets
Benson 61516Buyer’s market $125 /sq ftCarlock 61725Seller’s market $135 /sq ftCongerville 61729 — /sq ftEl Paso 61738Seller’s market $98 /sq ft Browse all markets →Towns like Eureka nearby
Find towns like Eureka in other states →Where Eureka is
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Questions about Eureka real estate
Is Eureka a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Eureka, IL 61530 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 Eureka?
The typical home went under contract in 29 days in the latest three months.
Do homes in Eureka sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.
What are property taxes in Eureka?
About 2.13% of a home’s value a year in Woodford County, or roughly $8,520 on a $400,000 home.
What is the median home price in Eureka?
The median sale price was $277,380 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