Is Auburn, IL 62615 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Auburn is a seller’s market. With about 1.1 months of supply and 47% 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.

Competition score89/ 100

More competitive than 94% of U.S. ZIP codes, and #18 of 464 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.1Under 4 months = seller’s market
Sold above original list47%Share of sales, last 3 months
Median sale-to-list100.4%Sold price ÷ list price
Median days on market4Listing to accepted offer
Median price per sq ft$129▲ +12.9% vs. last year

The Auburn housing market right now

In the three months ending August 31, 2026, 47% of homes in Auburn, IL 62615 sold above their list price, the typical home went under contract in 4 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 17 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 38%, homes sold faster (6 days then) and the median sale price rose 35% to $215,907. Overall, Auburn is more competitive than a year ago, so tougher for buyers.

Within Sangamon County, homes here sell faster than in 78% of the county’s ZIP codes, and sell more often over asking than in 74%. On our competition score, Auburn ranks #18 of 464 IL ZIP codes with enough sales (score 89 out of 100).

Nearby, buyers who want less competition could look at Loami 62661 (0% sold over asking) or Cantrall 62625 (0% sold over asking), while Springfield 62707 (64% sold over asking) and Rochester 62563 (56% sold over asking) are even more competitive.

Nearby markets

Buffalo 62515 $107 /sq ftCantrall 62625 $152 /sq ftChatham 62629Seller’s market $149 /sq ftDawson 62520 $101 /sq ft Browse all markets →

Where Auburn is

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Questions about Auburn real estate

Is Auburn a buyer’s or seller’s market?

A seller’s market: there were 1.1 months of supply in Auburn, IL 62615 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 Auburn?

The typical home went under contract in 4 days in the latest three months.

Do homes in Auburn sell over asking?

47% of homes sold above their original list price, and the typical sale closed at 100.4% of the list price.

What are property taxes in Auburn?

About 1.99% of a home’s value a year in Sangamon County, or roughly $7,960 on a $400,000 home.

What is the median home price in Auburn?

The median sale price was $215,907 in the three months ending August 31, 2026, about $129 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