Is Smithton, IL 62285 a buyer’s or seller’s market?
Smithton is a seller’s market. With about 2.1 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.
More competitive than 68% of U.S. ZIP codes, and #262 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 July 31, 2026. See the breakdown
The Smithton housing market right now
In the three months ending August 31, 2026, 29% of homes in Smithton, IL 62285 sold above their list price, the typical home went under contract in 52 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (38 days then) and the median sale price rose 17% to $360,511. Overall, Smithton is less competitive than a year ago, which gives buyers more room.
Within St. Clair County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in 62%.
Nearby, buyers who want less competition could look at Summerfield 62289 (0% sold over asking) or Saint Libory 62282 (0% sold over asking), while East Carondelet 62240 (75% sold over asking) and Freeburg 62243 (57% sold over asking) are even more competitive.
Run the numbers for 62285
Nearby markets
Belleville 62220Seller’s market $112 /sq ftBelleville 62221Seller’s market $136 /sq ftBelleville 62223Seller’s market $116 /sq ftBelleville 62226Seller’s market $120 /sq ft Browse all markets →Towns like Smithton nearby
Find towns like Smithton in other states →Where Smithton is
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Questions about Smithton real estate
Is Smithton a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Smithton, IL 62285 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 Smithton?
The typical home went under contract in 52 days in the latest three months.
Do homes in Smithton sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Smithton?
About 2.03% of a home’s value a year in St. Clair County, or roughly $8,120 on a $400,000 home.
What is the median home price in Smithton?
The median sale price was $360,511 in the three months ending August 31, 2026, about $136 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