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Is Humboldt, IL 61931 a buyer’s or seller’s market?

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

Humboldt is a seller’s market. With about 3.2 months of supply and 0% 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 list0%Share of sales, last 3 months
Median sale-to-list97.5%Sold price ÷ list price
Median days on market16Listing to accepted offer
Median price per sq ft$133

The Humboldt housing market right now

In the three months ending August 31, 2026, 0% of homes in Humboldt, IL 61931 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 1 sale, these figures can swing a lot from month to month.

Within Coles County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Charleston 61920 (31% sold over asking) and Mattoon 61938 (28% sold over asking) are even more competitive.

Run the numbers for 61931

Prefilled for 61931Can I win this house?Multiple-offer likelihood for a listing Prefilled for 61931Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Ashmore 61912Buyer’s market $117 /sq ftCharleston 61920Seller’s market $104 /sq ftLerna 62440 — /sq ftMattoon 61938Seller’s market $107 /sq ft Browse all markets →

Towns like Humboldt nearby

Find towns like Humboldt in other states →
Ashmore, IL61912 · 16 miles away92% similarolder residents Dalton City, IL61925 · 27 miles away90% similarolder residents Bethany, IL61914 · 24 miles away87% similarolder residents · older homes Toledo, IL62468 · 23 miles away85% similarlarger · older residents

Where Humboldt is

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Questions about Humboldt real estate

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

A seller’s market: there were 3.2 months of supply in Humboldt, IL 61931 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 Humboldt?

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

Do homes in Humboldt sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.

What are property taxes in Humboldt?

About 1.94% of a home’s value a year in Coles County, or roughly $7,760 on a $400,000 home.

What is the median home price in Humboldt?

The median sale price was $136,441 in the three months ending August 31, 2026, about $133 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