Is Versailles, IL 62378 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Versailles 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 Versailles housing market right now

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

About the area

Brown County, IL

Population	863
Median income	$69,650
Average income	$91,778
Median home value	$151,400
Median rent	$498/month
Owner-occupied	85% of homes
Median year built	1955

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 62378; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 62378

Prefilled for 62378Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62378Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Mount Sterling 62353Buyer’s market $128 /sq ft Timewell 62375 — /sq ft Browse all markets →

Where Versailles is

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Questions about Versailles real estate

What are property taxes in Versailles?

About 1.52% of a home’s value a year in Brown County, or roughly $6,080 on a $400,000 home.

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