Is Augusta, IL 62311 a buyer’s or seller’s market?
Augusta is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Augusta housing market right now
In the three months ending August 31, 2026, 0% of homes in Augusta, IL 62311 sold above their list price, the typical home went under contract in 70 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Within Hancock County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Nauvoo 62354 (50% sold over asking) is even more competitive.
Run the numbers for 62311
Nearby markets
Bowen 62316 — /sq ftCarthage 62321Buyer’s market $37 /sq ftDallas City 62330Buyer’s market $25 /sq ftHamilton 62341Seller’s market $70 /sq ft Browse all markets →Where Augusta is
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Questions about Augusta real estate
Is Augusta a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Augusta, IL 62311 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 Augusta?
The typical home went under contract in 70 days in the latest three months.
Do homes in Augusta sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 84.6% of the list price.
What are property taxes in Augusta?
About 1.81% of a home’s value a year in Hancock County, or roughly $7,240 on a $400,000 home.
What is the median home price in Augusta?
The median sale price was $54,976 in the three months ending August 31, 2026, about $48 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