Is Casey, IL 62420 a buyer’s or seller’s market?
Casey is a balanced market. With about 5.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Casey housing market right now
In the three months ending August 31, 2026, 27% of homes in Casey, IL 62420 sold above their list price, the typical home went under contract in 27 days and there were 5.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 9%, homes sold about as fast and the median sale price rose 20% to $179,922. Overall, Casey is more competitive than a year ago, so tougher for buyers.
Nearby, buyers who want less competition could look at West Union 62477 (0% sold over asking), while Westfield 62474 (50% sold over asking) is even more competitive.
Run the numbers for 62420
Nearby markets
Dennison 62423 — /sq ftMarshall 62441Seller’s market $147 /sq ftMartinsville 62442 — /sq ftWest Union 62477Seller’s market $59 /sq ft Browse all markets →Towns like Casey nearby
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Questions about Casey real estate
Is Casey a buyer’s or seller’s market?
A balanced market: there were 5.2 months of supply in Casey, IL 62420 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 Casey?
The typical home went under contract in 27 days in the latest three months.
Do homes in Casey sell over asking?
27% of homes sold above their original list price, and the typical sale closed at 97.0% of the list price.
What are property taxes in Casey?
About 1.56% of a home’s value a year in Clark County, or roughly $6,240 on a $400,000 home.
What is the median home price in Casey?
The median sale price was $179,922 in the three months ending August 31, 2026, about $124 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