Is Havana, IL 62644 a buyer’s or seller’s market?
Havana is a balanced market. With about 4.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 48% of U.S. ZIP codes, and #383 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 July 31, 2026. See the breakdown
The Havana housing market right now
In the three months ending August 31, 2026, 23% of homes in Havana, IL 62644 sold above their list price, the typical home went under contract in 12 days and there were 4.9 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. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold faster (34 days then) and the median sale price rose 9% to $117,449. Overall, Havana is more competitive than a year ago, so tougher for buyers.
Within Mason County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 50%.
Nearby, buyers who want less competition could look at San Jose 62682 (0% sold over asking) or Easton 62633 (0% sold over asking), while Topeka 61567 (100% sold over asking) and Mason City 62664 (57% sold over asking) are even more competitive.
Run the numbers for 62644
Nearby markets
Bath 62617 — /sq ftEaston 62633 $54 /sq ftForest City 61532 — /sq ftMason City 62664Seller’s market $95 /sq ft Browse all markets →Towns like Havana nearby
Find towns like Havana in other states →Where Havana is
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Questions about Havana real estate
Is Havana a buyer’s or seller’s market?
A balanced market: there were 4.9 months of supply in Havana, IL 62644 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 Havana?
The typical home went under contract in 12 days in the latest three months.
Do homes in Havana sell over asking?
23% of homes sold above their original list price, and the typical sale closed at 95.3% of the list price.
What are property taxes in Havana?
About 2.09% of a home’s value a year in Mason County, or roughly $8,360 on a $400,000 home.
What is the median home price in Havana?
The median sale price was $117,449 in the three months ending August 31, 2026, about $82 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