Is Weldon, IL 61882 a buyer’s or seller’s market?
Weldon 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.
The Weldon housing market right now
In the three months ending August 31, 2026, 67% of homes in Weldon, IL 61882 sold above their list price and the typical home went under contract in 62 days. With only 3 sales, these figures can swing a lot from month to month.
Within De Witt County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell more often over asking than in 83%.
Nearby, buyers who want less competition could look at Wapella 61777 (0% sold over asking) or Kenney 61749 (0% sold over asking), while Waynesville 61778 (100% sold over asking) is even more competitive.
Run the numbers for 61882
Nearby markets
Clinton 61727Seller’s market $93 /sq ftDewitt 61735Buyer’s market $222 /sq ftFarmer City 61842Seller’s market $127 /sq ftKenney 61749Seller’s market $131 /sq ft Browse all markets →Where Weldon is
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Questions about Weldon real estate
How fast do homes sell in Weldon?
The typical home went under contract in 62 days in the latest three months.
Do homes in Weldon sell over asking?
67% of homes sold above their original list price, and the typical sale closed at 95.5% of the list price.
What are property taxes in Weldon?
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 Weldon?
The median sale price was $159,931 in the three months ending August 31, 2026, about $88 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