Is Thomasboro, IL 61878 a buyer’s or seller’s market?
Thomasboro is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Thomasboro housing market right now
In the three months ending August 31, 2026, 0% of homes in Thomasboro, IL 61878 sold above their list price, the typical home went under contract in 161 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 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 40%, homes sold more slowly (37 days then) and the median sale price fell 4% to $158,931. Overall, Thomasboro is less competitive than a year ago, which gives buyers more room.
Within Champaign County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Dewey 61840 (100% sold over asking) and Fisher 61843 (67% sold over asking) are even more competitive.
Run the numbers for 61878
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 →Towns like Thomasboro nearby
Find towns like Thomasboro in other states →Where Thomasboro is
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Questions about Thomasboro real estate
Is Thomasboro a buyer’s or seller’s market?
A buyer’s market: there were 8 months of supply in Thomasboro, IL 61878 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 Thomasboro?
The typical home went under contract in 161 days in the latest three months.
Do homes in Thomasboro sell over asking?
0% 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 Thomasboro?
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 Thomasboro?
The median sale price was $158,931 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