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Is Pittsfield, IL 62363 a buyer’s or seller’s market?

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

Pittsfield is a seller’s market. With about 1.8 months of supply and 0% 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 supply1.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.8%Sold price ÷ list price
Median days on market45Listing to accepted offer
Median price per sq ft$86▲ +53.9% vs. last year

The Pittsfield housing market right now

In the three months ending August 31, 2026, 0% of homes in Pittsfield, IL 62363 sold above their list price, the typical home went under contract in 45 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 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 faster (93 days then) and the median sale price rose 133% to $177,423. Overall, Pittsfield is more competitive than a year ago, so tougher for buyers.

Run the numbers for 62363

Prefilled for 62363Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62363Over-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 ftGriggsville 62340 — /sq ftHull 62343 $82 /sq ftKinderhook 62345 — /sq ft Browse all markets →

Towns like Pittsfield nearby

Find towns like Pittsfield in other states →
Winchester, IL62694 · 18 miles away89% similarsmaller Rushville, IL62681 · 38 miles away88% similarVery close on income, prices and more Carrollton, IL62016 · 30 miles away86% similaryounger residents · 6 min longer commute Virginia, IL62691 · 40 miles away80% similarsmaller

Where Pittsfield is

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Questions about Pittsfield real estate

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

A seller’s market: there were 1.8 months of supply in Pittsfield, IL 62363 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 Pittsfield?

The typical home went under contract in 45 days in the latest three months.

Do homes in Pittsfield sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.8% of the list price.

What are property taxes in Pittsfield?

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

What is the median home price in Pittsfield?

The median sale price was $177,423 in the three months ending August 31, 2026, about $86 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