Is Taylor Springs, IL 62089 a buyer’s or seller’s market?
Taylor Springs 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 Taylor Springs housing market right now
In the three months ending August 31, 2026, 0% of homes in Taylor Springs, IL 62089 sold above their list price and the typical home went under contract in 0 days. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (73 days then) and the median sale price fell 25% to $94,959. Overall, Taylor Springs is more competitive than a year ago, so tougher for buyers.
Within Montgomery County, homes here sell faster than in 89% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Coffeen 62017 (100% sold over asking) and Panama 62077 (50% sold over asking) are even more competitive.
Run the numbers for 62089
Nearby markets
Coffeen 62017 $136 /sq ftFarmersville 62533 — /sq ftHarvel 62538Buyer’s market — /sq ftHillsboro 62049Seller’s market $96 /sq ft Browse all markets →Where Taylor Springs is
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Questions about Taylor Springs real estate
How fast do homes sell in Taylor Springs?
The typical home went under contract in 0 days in the latest three months.
Do homes in Taylor Springs sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.1% of the list price.
What are property taxes in Taylor Springs?
About 1.68% of a home’s value a year in Montgomery County, or roughly $6,720 on a $400,000 home.
What is the median home price in Taylor Springs?
The median sale price was $94,959 in the three months ending August 31, 2026, about $77 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