Is Mapleton, IL 61547 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Mapleton is a seller’s market. With about 0.5 months of supply and 8% 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.

Competition score46/ 100

More competitive than 46% of U.S. ZIP codes, and #390 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

Months of supply0.5Under 4 months = seller’s market
Sold above original list8.3%Share of sales, last 3 months
Median sale-to-list97.3%Sold price ÷ list price
Median days on market27Listing to accepted offer
Median price per sq ft$124▲ +5.8% vs. last year

The Mapleton housing market right now

In the three months ending August 31, 2026, 8% of homes in Mapleton, IL 61547 sold above their list price, the typical home went under contract in 27 days and there were 0.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 12 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 36%, homes sold more slowly (16 days then) and the median sale price rose 4% to $277,330. Overall, Mapleton is less competitive than a year ago, which gives buyers more room.

Within Peoria County, homes here sell more slowly than in 55% of the county’s ZIP codes, and sell less often over asking than in 70%.

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.

Nearby markets

Brimfield 61517Seller’s market $138 /sq ftChillicothe 61523Seller’s market $125 /sq ftDunlap 61525Seller’s market $148 /sq ftEdelstein 61526Seller’s market $117 /sq ft Browse all markets →

Where Mapleton is

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Questions about Mapleton real estate

Is Mapleton a buyer’s or seller’s market?

A seller’s market: there were 0.5 months of supply in Mapleton, IL 61547 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 Mapleton?

The typical home went under contract in 27 days in the latest three months.

Do homes in Mapleton sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.

What are property taxes in Mapleton?

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 Mapleton?

The median sale price was $277,330 in the three months ending August 31, 2026, about $124 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