Is Bethany, IL 61914 a buyer’s or seller’s market?
Bethany is a seller’s market. With about 2.7 months of supply and 14% 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 Bethany housing market right now
In the three months ending August 31, 2026, 14% of homes in Bethany, IL 61914 sold above their list price, the typical home went under contract in 41 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 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 33%, homes sold faster (66 days then) and the median sale price rose 91% to $238,897. Overall, Bethany is less competitive than a year ago, which gives buyers more room.
Nearby, Lovington 61937 (33% sold over asking) and Sullivan 61951 (33% sold over asking) are even more competitive.
Run the numbers for 61914
Nearby markets
Arthur 61911Seller’s market $88 /sq ftLovington 61937Seller’s market $84 /sq ftSullivan 61951Seller’s market $129 /sq ft Browse all markets →Towns like Bethany nearby
Find towns like Bethany in other states →Where Bethany is
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Questions about Bethany real estate
Is Bethany a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Bethany, IL 61914 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 Bethany?
The typical home went under contract in 41 days in the latest three months.
Do homes in Bethany sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Bethany?
About 1.80% of a home’s value a year in Moultrie County, or roughly $7,200 on a $400,000 home.
What is the median home price in Bethany?
The median sale price was $238,897 in the three months ending August 31, 2026, about $149 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