Is Ramsey, IL 62080 a buyer’s or seller’s market?
Ramsey is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Ramsey housing market right now
In the three months ending August 31, 2026, 50% of homes in Ramsey, IL 62080 sold above their list price, the typical home went under contract in 51 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. 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 25%, homes sold faster (78 days then) and the median sale price rose 149% to $118,449. Overall, Ramsey is more competitive than a year ago, so tougher for buyers.
Within Fayette County, homes here sell more slowly than in 60% 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 Saint Peter 62880 (0% sold over asking) or Vandalia 62471 (13% sold over asking).
Run the numbers for 62080
Nearby markets
Beecher City 62414 — /sq ftBrownstown 62418 $130 /sq ftFarina 62838Seller’s market $63 /sq ftSaint Elmo 62458Balanced $76 /sq ft Browse all markets →Towns like Ramsey nearby
Find towns like Ramsey in other states →Where Ramsey is
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Questions about Ramsey real estate
Is Ramsey a buyer’s or seller’s market?
A buyer’s market: there were 8 months of supply in Ramsey, IL 62080 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 Ramsey?
The typical home went under contract in 51 days in the latest three months.
Do homes in Ramsey sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 107.1% of the list price.
What are property taxes in Ramsey?
About 1.45% of a home’s value a year in Fayette County, or roughly $5,800 on a $400,000 home.
What is the median home price in Ramsey?
The median sale price was $118,449 in the three months ending August 31, 2026, about $78 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