Is Deer Creek, IL 61733 a buyer’s or seller’s market?
Deer Creek is a seller’s market. With about 0.8 months of supply and 0% 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 Deer Creek housing market right now
In the three months ending August 31, 2026, 0% of homes in Deer Creek, IL 61733 sold above their list price, the typical home went under contract in 51 days and there were 0.8 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 50%, homes sold more slowly (3 days then) and the median sale price rose 42% to $202,412. Overall, Deer Creek is less competitive than a year ago, which gives buyers more room.
Within Tazewell County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Tremont 61568 (55% sold over asking) and East Peoria 61611 (53% sold over asking) are even more competitive.
Run the numbers for 61733
Nearby markets
Armington 61721 — /sq ftCreve Coeur 61610Seller’s market $102 /sq ftDelavan 61734Seller’s market $100 /sq ftEast Peoria 61611Seller’s market $115 /sq ft Browse all markets →Where Deer Creek is
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Questions about Deer Creek real estate
Is Deer Creek a buyer’s or seller’s market?
A seller’s market: there were 0.8 months of supply in Deer Creek, IL 61733 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 Deer Creek?
The typical home went under contract in 51 days in the latest three months.
Do homes in Deer Creek sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.7% of the list price.
What are property taxes in Deer Creek?
About 2.11% of a home’s value a year in Tazewell County, or roughly $8,440 on a $400,000 home.
What is the median home price in Deer Creek?
The median sale price was $202,412 in the three months ending August 31, 2026, about $113 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