Is Metamora, IL 61548 a buyer’s or seller’s market?

The Metamora housing market right now

In the three months ending August 31, 2026, 35% of homes in Metamora, IL 61548 sold above their list price, the typical home went under contract in 10 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 44 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 41%, homes sold faster (12 days then) and the median sale price rose 12% to $319,762. Overall, Metamora is less competitive than a year ago, which gives buyers more room.

Within Woodford County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 78%. On our competition score, Metamora ranks #67 of 464 IL ZIP codes with enough sales (score 81 out of 100).

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.