Is Minonk, IL 61760 a buyer’s or seller’s market?
Minonk is a seller’s market. With about 3.2 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 Minonk housing market right now
In the three months ending August 31, 2026, 0% of homes in Minonk, IL 61760 sold above their list price, the typical home went under contract in 47 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 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 27%, homes sold faster (53 days then) and the median sale price rose 14% to $164,929. Overall, Minonk is less competitive than a year ago, which gives buyers more room.
Within Woodford County, homes here sell more slowly 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, Secor 61771 (50% sold over asking) and Washburn 61570 (38% sold over asking) are even more competitive.
Run the numbers for 61760
Nearby markets
Benson 61516Buyer’s market $125 /sq ftCarlock 61725Seller’s market $135 /sq ftCongerville 61729 — /sq ftEl Paso 61738Seller’s market $98 /sq ft Browse all markets →Towns like Minonk nearby
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Questions about Minonk real estate
Is Minonk a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Minonk, IL 61760 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 Minonk?
The typical home went under contract in 47 days in the latest three months.
Do homes in Minonk sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.5% of the list price.
What are property taxes in Minonk?
About 2.13% of a home’s value a year in Woodford County, or roughly $8,520 on a $400,000 home.
What is the median home price in Minonk?
The median sale price was $164,929 in the three months ending August 31, 2026, about $107 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