Is Ursa, IL 62376 a buyer’s or seller’s market?
Ursa is a seller’s market. With about 1.3 months of supply and 20% 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.
The Ursa housing market right now
In the three months ending August 31, 2026, 20% of homes in Ursa, IL 62376 sold above their list price, the typical home went under contract in 60 days and there were 1.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, 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 0%, homes sold more slowly (56 days then) and the median sale price rose 37% to $232,399. Overall, Ursa is more competitive than a year ago, so tougher for buyers.
Within Adams County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in 64%.
Nearby, buyers who want less competition could look at Loraine 62349 (0% sold over asking) or Liberty 62347 (0% sold over asking), while Coatsburg 62325 (33% sold over asking) and Mendon 62351 (33% sold over asking) are even more competitive.
Run the numbers for 62376
Nearby markets
Camp Point 62320Seller’s market $138 /sq ftClayton 62324Buyer’s market $57 /sq ftCoatsburg 62325 $102 /sq ftFowler 62338Balanced $112 /sq ft Browse all markets →Towns like Ursa nearby
Find towns like Ursa in other states →Where Ursa is
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Questions about Ursa real estate
Is Ursa a buyer’s or seller’s market?
A seller’s market: there were 1.3 months of supply in Ursa, IL 62376 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 Ursa?
The typical home went under contract in 60 days in the latest three months.
Do homes in Ursa sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 95.9% of the list price.
What are property taxes in Ursa?
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 Ursa?
The median sale price was $232,399 in the three months ending August 31, 2026, about $150 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