Is Beecher City, IL 62414 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Beecher City 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 Beecher City housing market right now

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

About the area

Fayette County, IL

Population	1,783
Median income	$58,370
Average income	$74,402
Median home value	$157,800
Median rent	$715/month
Owner-occupied	72% of homes
Median year built	1973

Natural hazard riskExtreme heat (relatively high), earthquakes (moderate), tornadoes (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 62414; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 62414

Prefilled for 62414Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62414Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Brownstown 62418 $130 /sq ft Farina 62838Seller’s market $63 /sq ft Ramsey 62080Buyer’s market $78 /sq ft Saint Elmo 62458Balanced $76 /sq ft Browse all markets →

Towns like Beecher City nearby

Find towns like Beecher City in other states →

Brownstown, IL62418 · 16 miles away95% similarVery close on income, prices and more Louisville, IL62858 · 33 miles away92% similarlarger Mulberry Grove, IL62262 · 29 miles away81% similarcheaper homes ($34K less) · 6 min shorter commute Lovington, IL61937 · 38 miles away81% similarcheaper homes ($58K less) · older homes

Where Beecher City is

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Questions about Beecher City real estate

What are property taxes in Beecher City?

About 1.45% of a home’s value a year in Fayette County, or roughly $5,800 on a $400,000 home.

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More tools for 62414

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 Fayette County property taxes Fayette 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