Is Dewitt, IL 61735 a buyer’s or seller’s market?
Dewitt is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Dewitt housing market right now
In the three months ending August 31, 2026, 0% of homes in Dewitt, IL 61735 sold above their list price, the typical home went under contract in 37 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 100%, homes sold more slowly (25 days then) and the median sale price rose 226% to $260,887. Overall, Dewitt is less competitive than a year ago, which gives buyers more room.
Within De Witt County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Waynesville 61778 (100% sold over asking) and Weldon 61882 (67% sold over asking) are even more competitive.
Run the numbers for 61735
Nearby markets
Clinton 61727Seller’s market $93 /sq ftFarmer City 61842Seller’s market $127 /sq ftKenney 61749Seller’s market $131 /sq ftWapella 61777Seller’s market $115 /sq ft Browse all markets →Where Dewitt is
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Questions about Dewitt real estate
Is Dewitt a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Dewitt, IL 61735 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 Dewitt?
The typical home went under contract in 37 days in the latest three months.
Do homes in Dewitt sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.
What are property taxes in Dewitt?
About 1.78% of a home’s value a year in De Witt County, or roughly $7,120 on a $400,000 home.
What is the median home price in Dewitt?
The median sale price was $260,887 in the three months ending August 31, 2026, about $222 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