Is De Land, IL 61839 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

De Land is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.8%Sold price ÷ list price
Median days on market151Listing to accepted offer
Median price per sq ft$68▼ −1.6% vs. last year

The De Land housing market right now

In the three months ending August 31, 2026, 0% of homes in De Land, IL 61839 sold above their list price and the typical home went under contract in 151 days. 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 was about the same (0% then), homes sold more slowly (140 days then) and the median sale price rose 5% to $104,955. Overall, De Land is less competitive than a year ago, which gives buyers more room.

Within Piatt County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Mansfield 61854 (50% sold over asking) and White Heath 61884 (50% sold over asking) are even more competitive.

Nearby markets

Atwood 61913Seller’s market $73 /sq ftBement 61813Buyer’s market $94 /sq ftCerro Gordo 61818Balanced $86 /sq ftCisco 61830 — /sq ft Browse all markets →

Where De Land is

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Questions about De Land real estate

How fast do homes sell in De Land?

The typical home went under contract in 151 days in the latest three months.

Do homes in De Land 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 De Land?

About 1.81% of a home’s value a year in Piatt County, or roughly $7,240 on a $400,000 home.

What is the median home price in De Land?

The median sale price was $104,955 in the three months ending August 31, 2026, about $68 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