Is Dow, IL 62022 a buyer’s or seller’s market?
Dow 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.
The Dow housing market right now
In the three months ending August 31, 2026, 0% of homes in Dow, IL 62022 sold above their list price, the typical home went under contract in 9 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.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (41 days then) and the median sale price rose 21% to $389,831. Overall, Dow is more competitive than a year ago, so tougher for buyers.
Within Jersey County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Elsah 62028 (50% sold over asking) and Fieldon 62031 (50% sold over asking) are even more competitive.
Run the numbers for 62022
Nearby markets
Brighton 62012Seller’s market $152 /sq ftElsah 62028Buyer’s market $126 /sq ftFieldon 62031 $77 /sq ftGrafton 62037Balanced $143 /sq ft Browse all markets →Towns like Dow nearby
Find towns like Dow in other states →Where Dow is
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Questions about Dow real estate
Is Dow a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Dow, IL 62022 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 Dow?
The typical home went under contract in 9 days in the latest three months.
Do homes in Dow sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 85.7% of the list price.
What are property taxes in Dow?
About 1.76% of a home’s value a year in Jersey County, or roughly $7,040 on a $400,000 home.
What is the median home price in Dow?
The median sale price was $389,831 in the three months ending August 31, 2026, about $109 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