Is Arcola, IL 61910 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Arcola is a seller’s market. With about 3.2 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.

Months of supply3.2Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list101.5%Sold price ÷ list price
Median days on market16Listing to accepted offer
Median price per sq ft$108▲ +42.2% vs. last year

The Arcola housing market right now

In the three months ending August 31, 2026, 25% of homes in Arcola, IL 61910 sold above their list price, the typical home went under contract in 16 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 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 fell from 40%, homes sold faster (40 days then) and the median sale price rose 42% to $159,931. Overall, Arcola is less competitive than a year ago, which gives buyers more room.

Within Douglas County, homes here sell faster than in 80% of the county’s ZIP codes, and sell less often over asking than in 80%.

Nearby, buyers who want less competition could look at Hindsboro 61930 (0% sold over asking), while Camargo 61919 (50% sold over asking) and Villa Grove 61956 (30% sold over asking) are even more competitive.

Nearby markets

Camargo 61919 $98 /sq ftHindsboro 61930Seller’s market $92 /sq ftNewman 61942Seller’s market $91 /sq ftTuscola 61953Seller’s market $138 /sq ft Browse all markets →

Where Arcola is

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Questions about Arcola real estate

Is Arcola a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Arcola, IL 61910 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 Arcola?

The typical home went under contract in 16 days in the latest three months.

Do homes in Arcola sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 101.5% of the list price.

What are property taxes in Arcola?

About 1.70% of a home’s value a year in Douglas County, or roughly $6,800 on a $400,000 home.

What is the median home price in Arcola?

The median sale price was $159,931 in the three months ending August 31, 2026, about $108 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