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Is Coffeen, IL 62017 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Coffeen 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.

Months of supply—Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list101%Sold price ÷ list price
Median days on market28Listing to accepted offer
Median price per sq ft$136▲ +75.5% vs. last year

The Coffeen housing market right now

In the three months ending August 31, 2026, 100% of homes in Coffeen, IL 62017 sold above their list price and the typical home went under contract in 28 days. 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 rose from 0%, homes sold faster (124 days then) and the median sale price rose 87% to $179,922. Overall, Coffeen is more competitive than a year ago, so tougher for buyers.

Within Montgomery County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Raymond 62560 (0% sold over asking) or Harvel 62538 (0% sold over asking).

Run the numbers for 62017

Prefilled for 62017Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62017Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Farmersville 62533 — /sq ftHarvel 62538Buyer’s market — /sq ftHillsboro 62049Seller’s market $96 /sq ftIrving 62051Buyer’s market $91 /sq ft Browse all markets →

Towns like Coffeen nearby

Find towns like Coffeen in other states →
Patoka, IL62875 · 28 miles away85% similarVery close on income, prices and more Bunker Hill, IL62014 · 31 miles away82% similarpricier homes ($85K more) · larger Germantown, IL62245 · 38 miles away82% similarpricier homes ($85K more) · larger Marine, IL62061 · 30 miles away78% similarpricier homes ($66K more) · 6 min shorter commute

Where Coffeen is

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Questions about Coffeen real estate

How fast do homes sell in Coffeen?

The typical home went under contract in 28 days in the latest three months.

Do homes in Coffeen sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 101.0% of the list price.

What are property taxes in Coffeen?

About 1.68% of a home’s value a year in Montgomery County, or roughly $6,720 on a $400,000 home.

What is the median home price in Coffeen?

The median sale price was $179,922 in the three months ending August 31, 2026, about $136 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