Is Arenzville, IL 62611 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Arenzville 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 list99.9%Share of sales, last 3 months
Median sale-to-list102.6%Sold price ÷ list price
Median days on market37Listing to accepted offer
Median price per sq ft$144▼ −36.9% vs. last year

The Arenzville housing market right now

In the three months ending August 31, 2026, 100% of homes in Arenzville, IL 62611 sold above their list price and the typical home went under contract in 37 days. With only 1 sale, 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 (100% then), homes sold more slowly (6 days then) and the median sale price fell 70% to $194,916. Overall, Arenzville is less competitive than a year ago, which gives buyers more room.

Nearby, buyers who want less competition could look at Virginia 62691 (0% sold over asking) or Chandlerville 62627 (0% sold over asking).

Nearby markets

Ashland 62612Seller’s market $98 /sq ftBeardstown 62618 — /sq ftChandlerville 62627Seller’s market $100 /sq ftVirginia 62691Buyer’s market $79 /sq ft Browse all markets →

Where Arenzville is

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Questions about Arenzville real estate

How fast do homes sell in Arenzville?

The typical home went under contract in 37 days in the latest three months.

Do homes in Arenzville sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 102.6% of the list price.

What are property taxes in Arenzville?

About 2.02% of a home’s value a year in Cass County, or roughly $8,080 on a $400,000 home.

What is the median home price in Arenzville?

The median sale price was $194,916 in the three months ending August 31, 2026, about $144 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