Is Edgewood, IL 62426 a buyer’s or seller’s market?
Edgewood is a seller’s market. With about 3.2 months of supply and 0% 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 Edgewood housing market right now
In the three months ending August 31, 2026, 0% of homes in Edgewood, IL 62426 sold above their list price, the typical home went under contract in 67 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Within Clay County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Xenia 62899 (100% sold over asking) and Flora 62839 (13% sold over asking) are even more competitive.
Run the numbers for 62426
Nearby markets
Clay City 62824Seller’s market $85 /sq ftFlora 62839Balanced $87 /sq ftLouisville 62858Seller’s market $40 /sq ftXenia 62899Buyer’s market $50 /sq ft Browse all markets →Where Edgewood is
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Questions about Edgewood real estate
Is Edgewood a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Edgewood, IL 62426 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 Edgewood?
The typical home went under contract in 67 days in the latest three months.
Do homes in Edgewood sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 76.2% of the list price.
What are property taxes in Edgewood?
About 1.43% of a home’s value a year in Clay County, or roughly $5,720 on a $400,000 home.
What is the median home price in Edgewood?
The median sale price was $44,981 in the three months ending August 31, 2026, about $45 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