OfferBackedBuyer Tools

Is Mason, IL 62443 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Mason 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 list0%Share of sales, last 3 months
Median sale-to-list94.9%Sold price ÷ list price
Median days on market48Listing to accepted offer
Median price per sq ft$104▲ +13.2% vs. last year

The Mason housing market right now

In the three months ending August 31, 2026, 0% of homes in Mason, IL 62443 sold above their list price and the typical home went under contract in 48 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 was about the same (0% then), homes sold more slowly (40 days then) and the median sale price fell 13% to $174,924. Overall, Mason is about as competitive as it was a year ago.

Within Effingham County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Watson 62473 (100% sold over asking) and Teutopolis 62467 (29% sold over asking) are even more competitive.

Run the numbers for 62443

Prefilled for 62443Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62443Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Altamont 62411Seller’s market $131 /sq ftDieterich 62424Seller’s market $142 /sq ftEffingham 62401Seller’s market $140 /sq ftShumway 62461Buyer’s market $121 /sq ft Browse all markets →

Towns like Mason nearby

Find towns like Mason in other states →
Dieterich, IL62424 · 12 miles away75% similarpricier homes ($54K more) · larger Patoka, IL62875 · 29 miles away70% similarcheaper homes ($56K less) · smaller Toledo, IL62468 · 30 miles away70% similarcheaper homes ($49K less) · older residents Mulberry Grove, IL62262 · 34 miles away70% similarcheaper homes ($48K less) · older residents

Where Mason is

Loading map…

Questions about Mason real estate

How fast do homes sell in Mason?

The typical home went under contract in 48 days in the latest three months.

Do homes in Mason sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 94.9% of the list price.

What are property taxes in Mason?

About 1.49% of a home’s value a year in Effingham County, or roughly $5,960 on a $400,000 home.

What is the median home price in Mason?

The median sale price was $174,924 in the three months ending August 31, 2026, about $104 per square foot.

Local agents

See all agents in 62443 →

No sponsored agents in 62443 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 62443

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 Effingham County property taxesEffingham 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