Is Pearl, IL 62361 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Pearl is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Pearl housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Pike County, IL

Population	301
Median income	$48,188
Average income	$51,919
Median home value	$81,300
Owner-occupied	93% of homes
Median year built	1958

Natural hazard riskExtreme heat (relatively high), tornadoes (moderate), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 62361; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 62361

Prefilled for 62361Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62361Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Barry 62312Seller’s market $105 /sq ft Griggsville 62340 — /sq ft Hull 62343 $82 /sq ft Kinderhook 62345 — /sq ft Browse all markets →

Where Pearl is

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Questions about Pearl real estate

What are property taxes in Pearl?

About 1.53% of a home’s value a year in Pike County, or roughly $6,120 on a $400,000 home.

Local agents

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More tools for 62361

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Pike County property taxes Pike County loan limits Closing costs in Illinois Hottest ZIP codes in Illinois

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology