Is Eldred, IL 62027 a buyer’s or seller’s market?
Eldred 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.
The Eldred housing market right now
In the three months ending August 31, 2026, 100% of homes in Eldred, IL 62027 sold above their list price and the typical home went under contract in 5 days. With only 1 sale, these figures can swing a lot from month to month.
Within Greene County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Wrights 62098 (0% sold over asking) or White Hall 62092 (0% sold over asking).
Run the numbers for 62027
Nearby markets
Carrollton 62016Seller’s market $100 /sq ftGreenfield 62044Seller’s market $171 /sq ftHillview 62050Seller’s market $74 /sq ftKane 62054Buyer’s market $87 /sq ft Browse all markets →Where Eldred is
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Questions about Eldred real estate
How fast do homes sell in Eldred?
The typical home went under contract in 5 days in the latest three months.
Do homes in Eldred sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 103.5% of the list price.
What are property taxes in Eldred?
About 1.74% of a home’s value a year in Greene County, or roughly $6,960 on a $400,000 home.
What is the median home price in Eldred?
The median sale price was $77,466 in the three months ending August 31, 2026, about $73 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