Is Seymour, IL 61875 a buyer’s or seller’s market?
Seymour is a seller’s market. With about 0.8 months of supply and 25% 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 Seymour housing market right now
In the three months ending August 31, 2026, 25% of homes in Seymour, IL 61875 sold above their list price, the typical home went under contract in 66 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 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (36 days then) and the median sale price rose 5% to $173,175. Overall, Seymour is more competitive than a year ago, so tougher for buyers.
Within Champaign County, homes here sell more slowly than in 79% of the county’s ZIP codes, and sell more often over asking than in 58%.
Nearby, buyers who want less competition could look at Thomasboro 61878 (0% sold over asking) or Philo 61864 (0% sold over asking), while Dewey 61840 (100% sold over asking) and Fisher 61843 (67% sold over asking) are even more competitive.
Run the numbers for 61875
Nearby markets
Bondville 61815Seller’s market $133 /sq ftBroadlands 61816Seller’s market $128 /sq ftChampaign 61820Seller’s market $153 /sq ftChampaign 61821Seller’s market $162 /sq ft Browse all markets →Where Seymour is
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Questions about Seymour real estate
Is Seymour a buyer’s or seller’s market?
A seller’s market: there were 0.8 months of supply in Seymour, IL 61875 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 Seymour?
The typical home went under contract in 66 days in the latest three months.
Do homes in Seymour sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 96.0% of the list price.
What are property taxes in Seymour?
About 2.06% of a home’s value a year in Champaign County, or roughly $8,240 on a $400,000 home.
What is the median home price in Seymour?
The median sale price was $173,175 in the three months ending August 31, 2026, about $123 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