Is Assumption, IL 62510 a buyer’s or seller’s market?
Assumption is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Assumption housing market right now
In the three months ending August 31, 2026, 33% of homes in Assumption, IL 62510 sold above their list price, the typical home went under contract in 68 days and there were 5.3 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. 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 faster (126 days then) and the median sale price fell 30% to $89,961. Overall, Assumption is more competitive than a year ago, so tougher for buyers.
Within Christian County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 88%.
Nearby, buyers who want less competition could look at Stonington 62567 (0% sold over asking) or Morrisonville 62546 (0% sold over asking), while Tovey 62570 (100% sold over asking) is even more competitive.
Run the numbers for 62510
Nearby markets
Blue Mound 62513Buyer’s market $82 /sq ftBulpitt 62517 — /sq ftEdinburg 62531Seller’s market $96 /sq ftKincaid 62540Seller’s market $106 /sq ft Browse all markets →Towns like Assumption nearby
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Questions about Assumption real estate
Is Assumption a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Assumption, IL 62510 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 Assumption?
The typical home went under contract in 68 days in the latest three months.
Do homes in Assumption sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 94.1% of the list price.
What are property taxes in Assumption?
About 1.64% of a home’s value a year in Christian County, or roughly $6,560 on a $400,000 home.
What is the median home price in Assumption?
The median sale price was $89,961 in the three months ending August 31, 2026, about $90 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