Is Roxana, IL 62084 a buyer’s or seller’s market?
Roxana is a seller’s market. With about 0.5 months of supply and 29% 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 Roxana housing market right now
In the three months ending August 31, 2026, 29% of homes in Roxana, IL 62084 sold above their list price, the typical home went under contract in 29 days and there were 0.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 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 (37 days then) and the median sale price fell 5% to $134,942. Overall, Roxana is more competitive than a year ago, so tougher for buyers.
Within Madison County, homes here sell faster than in 84% of the county’s ZIP codes, and sell less often over asking than in 72%.
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 62084
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 Roxana nearby
Find towns like Roxana in other states →Where Roxana is
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Questions about Roxana real estate
Is Roxana a buyer’s or seller’s market?
A seller’s market: there were 0.5 months of supply in Roxana, IL 62084 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 Roxana?
The typical home went under contract in 29 days in the latest three months.
Do homes in Roxana sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 93.4% of the list price.
What are property taxes in Roxana?
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 Roxana?
The median sale price was $134,942 in the three months ending August 31, 2026, about $127 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