Is Washburn, IL 61570 a buyer’s or seller’s market?

The Washburn housing market right now

In the three months ending August 31, 2026, 38% of homes in Washburn, IL 61570 sold above their list price, the typical home went under contract in 58 days and there were 1.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 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 40%, homes sold more slowly (19 days then) and the median sale price rose 25% to $168,927. Overall, Washburn is less competitive than a year ago, which gives buyers more room.

Within Woodford County, homes here sell more slowly than in 78% of the county’s ZIP codes, and sell more often over asking than in 89%.

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) is even more competitive.