Is Hartford, IL 62048 a buyer’s or seller’s market?
Hartford 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 Hartford housing market right now
In the three months ending August 31, 2026, 33% of homes in Hartford, IL 62048 sold above their list price and the typical home went under contract in 32 days. With only 6 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 (102 days then) and the median sale price rose 70% to $125,821. Overall, Hartford is more competitive than a year ago, so tougher for buyers.
Within Madison County, homes here sell faster than in 68% of the county’s ZIP codes, and sell less often over asking than in 64%.
Nearby, buyers who want less competition could look at Venice 62090 (0% sold over asking) or New Douglas 62074 (0% sold over asking), while Saint Jacob 62281 (80% sold over asking) and Cottage Hills 62018 (63% sold over asking) are even more competitive.
Run the numbers for 62048
Nearby markets
Alhambra 62001Seller’s market $118 /sq ftAlton 62002Seller’s market $107 /sq ftBethalto 62010Seller’s market $141 /sq ftCollinsville 62234Seller’s market $127 /sq ft Browse all markets →Towns like Hartford nearby
Find towns like Hartford in other states →Where Hartford is
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Questions about Hartford real estate
How fast do homes sell in Hartford?
The typical home went under contract in 32 days in the latest three months.
Do homes in Hartford sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 95.3% of the list price.
What are property taxes in Hartford?
About 1.92% of a home’s value a year in Madison County, or roughly $7,680 on a $400,000 home.
What is the median home price in Hartford?
The median sale price was $125,821 in the three months ending August 31, 2026, about $89 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