Is Valmeyer, IL 62295 a buyer’s or seller’s market?

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

Valmeyer is a seller’s market. With about 3.2 months of supply and 100% 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.

Months of supply3.2Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list104%Sold price ÷ list price
Median days on market1Listing to accepted offer
Median price per sq ft$166▼ −0.3% vs. last year

The Valmeyer housing market right now

In the three months ending August 31, 2026, 100% of homes in Valmeyer, IL 62295 sold above their list price, the typical home went under contract in 1 day and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 rose from 17%, homes sold faster (55 days then) and the median sale price fell 10% to $259,888. Overall, Valmeyer is more competitive than a year ago, so tougher for buyers.

Within Monroe County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Renault 62279 (0% sold over asking) or Fults 62244 (20% sold over asking).

Nearby markets

Columbia 62236Seller’s market $156 /sq ftFults 62244Seller’s market $179 /sq ftHecker 62248 — /sq ftRed Bud 62278Balanced $122 /sq ft Browse all markets →

Where Valmeyer is

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Questions about Valmeyer real estate

Is Valmeyer a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Valmeyer, IL 62295 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 Valmeyer?

The typical home went under contract in 1 days in the latest three months.

Do homes in Valmeyer sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 104.0% of the list price.

What are property taxes in Valmeyer?

About 1.63% of a home’s value a year in Monroe County, or roughly $6,520 on a $400,000 home.

What is the median home price in Valmeyer?

The median sale price was $259,888 in the three months ending August 31, 2026, about $166 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