OfferBackedBuyer Tools

Is Brownstown, IL 62418 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Brownstown 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 list33.3%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market162Listing to accepted offer
Median price per sq ft$130▲ +114.5% vs. last year

The Brownstown housing market right now

In the three months ending August 31, 2026, 33% of homes in Brownstown, IL 62418 sold above their list price and the typical home went under contract in 162 days. With only 3 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 (63 days then) and the median sale price rose 756% to $136,941. Overall, Brownstown is about as competitive as it was a year ago.

Within Fayette County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell more often over asking than in 60%.

Nearby, buyers who want less competition could look at Saint Peter 62880 (0% sold over asking) or Vandalia 62471 (13% sold over asking), while Ramsey 62080 (50% sold over asking) is even more competitive.

Run the numbers for 62418

Prefilled for 62418Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62418Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Beecher City 62414 — /sq ftFarina 62838Seller’s market $63 /sq ftRamsey 62080Buyer’s market $78 /sq ftSaint Elmo 62458Balanced $76 /sq ft Browse all markets →

Towns like Brownstown nearby

Find towns like Brownstown in other states →
Beecher City, IL62414 · 16 miles away95% similarVery close on income, prices and more Dix, IL62830 · 38 miles away89% similarmore apartments and townhomes Odin, IL62870 · 27 miles away86% similarolder residents Clay City, IL62824 · 39 miles away86% similarcheaper homes ($33K less)

Where Brownstown is

Loading map…

Questions about Brownstown real estate

How fast do homes sell in Brownstown?

The typical home went under contract in 162 days in the latest three months.

Do homes in Brownstown sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.

What are property taxes in Brownstown?

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

What is the median home price in Brownstown?

The median sale price was $136,941 in the three months ending August 31, 2026, about $130 per square foot.

Local agents

See all agents in 62418 →

No sponsored agents in 62418 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 62418

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 taxesFayette County loan limitsClosing costs in IllinoisHottest ZIP codes in Illinois
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

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