Is Fowler, IL 62338 a buyer’s or seller’s market?
Fowler is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Fowler housing market right now
In the three months ending August 31, 2026, 0% of homes in Fowler, IL 62338 sold above their list price, the typical home went under contract in 73 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 sales, 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 more slowly (53 days then) and the median sale price fell 23% to $218,905. Overall, Fowler is less competitive than a year ago, which gives buyers more room.
Within Adams County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Coatsburg 62325 (33% sold over asking) and Mendon 62351 (33% sold over asking) are even more competitive.
Run the numbers for 62338
Nearby markets
Camp Point 62320Seller’s market $138 /sq ftClayton 62324Buyer’s market $57 /sq ftCoatsburg 62325 $102 /sq ftGolden 62339Seller’s market $85 /sq ft Browse all markets →Towns like Fowler nearby
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Questions about Fowler real estate
Is Fowler a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Fowler, IL 62338 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 Fowler?
The typical home went under contract in 73 days in the latest three months.
Do homes in Fowler sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.
What are property taxes in Fowler?
About 1.58% of a home’s value a year in Adams County, or roughly $6,320 on a $400,000 home.
What is the median home price in Fowler?
The median sale price was $218,905 in the three months ending August 31, 2026, about $112 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