Is Ashland, IL 62612 a buyer’s or seller’s market?
Ashland is a seller’s market. With about 0.5 months of supply and 17% 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 Ashland housing market right now
In the three months ending August 31, 2026, 17% of homes in Ashland, IL 62612 sold above their list price, the typical home went under contract in 16 days and there were 0.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold faster (26 days then) and the median sale price fell 8% to $149,435. Overall, Ashland 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), while Arenzville 62611 (100% sold over asking) is even more competitive.
Run the numbers for 62612
Nearby markets
Arenzville 62611 $144 /sq ftBeardstown 62618 — /sq ftChandlerville 62627Seller’s market $100 /sq ftVirginia 62691Buyer’s market $79 /sq ft Browse all markets →Towns like Ashland nearby
Find towns like Ashland in other states →Where Ashland is
Loading map…
Questions about Ashland real estate
Is Ashland a buyer’s or seller’s market?
A seller’s market: there were 0.5 months of supply in Ashland, IL 62612 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 Ashland?
The typical home went under contract in 16 days in the latest three months.
Do homes in Ashland sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.
What are property taxes in Ashland?
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 Ashland?
The median sale price was $149,435 in the three months ending August 31, 2026, about $98 per square foot.
Local agents
See all agents in 62612 →No sponsored agents in 62612 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 62612
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology