Is Sorento, IL 62086 a buyer’s or seller’s market?
Sorento is a seller’s market. With about 1.6 months of supply and 50% 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 Sorento housing market right now
In the three months ending August 31, 2026, 50% of homes in Sorento, IL 62086 sold above their list price, the typical home went under contract in 57 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 more slowly (38 days then) and the median sale price fell 66% to $95,459. Overall, Sorento is more competitive than a year ago, so tougher for buyers.
Within Bond County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in 80%.
Nearby, buyers who want less competition could look at Pocahontas 62275 (0% sold over asking) or Donnellson 62019 (0% sold over asking).
Run the numbers for 62086
Nearby markets
Donnellson 62019Seller’s market $336 /sq ftGreenville 62246Balanced $119 /sq ftKeyesport 62253Seller’s market $161 /sq ftMulberry Grove 62262Seller’s market $144 /sq ft Browse all markets →Towns like Sorento nearby
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Questions about Sorento real estate
Is Sorento a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Sorento, IL 62086 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 Sorento?
The typical home went under contract in 57 days in the latest three months.
Do homes in Sorento sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 105.3% of the list price.
What are property taxes in Sorento?
About 1.89% of a home’s value a year in Bond County, or roughly $7,560 on a $400,000 home.
What is the median home price in Sorento?
The median sale price was $95,459 in the three months ending August 31, 2026, about $63 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