Is Wood River, IL 62095 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Wood River is a seller’s market. With about 1.4 months of supply and 44% 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.

Competition score78/ 100

More competitive than 83% of U.S. ZIP codes, and #102 of 464 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.4Under 4 months = seller’s market
Sold above original list44%Share of sales, last 3 months
Median sale-to-list99.9%Sold price ÷ list price
Median days on market34Listing to accepted offer
Median price per sq ft$110▲ +2.6% vs. last year

The Wood River housing market right now

In the three months ending August 31, 2026, 44% of homes in Wood River, IL 62095 sold above their list price, the typical home went under contract in 34 days and there were 1.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 51 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 32%, homes sold more slowly (31 days then) and the median sale price rose 16% to $156,349. Overall, Wood River is more competitive than a year ago, so tougher for buyers.

Within Madison County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell more often over asking than in 72%. On our competition score, Wood River ranks #102 of 464 IL ZIP codes with enough sales (score 78 out of 100).

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.

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 →

Where Wood River is

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Questions about Wood River real estate

Is Wood River a buyer’s or seller’s market?

A seller’s market: there were 1.4 months of supply in Wood River, IL 62095 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 Wood River?

The typical home went under contract in 34 days in the latest three months.

Do homes in Wood River sell over asking?

44% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.

What are property taxes in Wood River?

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 Wood River?

The median sale price was $156,349 in the three months ending August 31, 2026, about $110 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