Is Meredosia, IL 62665 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Meredosia 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 list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Meredosia housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Morgan County, IL

Population	1,222
Median income	$46,528
Average income	$62,846
Median home value	$65,800
Median rent	$674/month
Owner-occupied	77% of homes
Median year built	1970

Natural hazard riskExtreme heat (relatively high), earthquakes (moderate), tornadoes (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 62665; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 62665

Prefilled for 62665Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62665Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alexander 62601 — /sq ft Chapin 62628 $55 /sq ft Concord 62631 $79 /sq ft Franklin 62638 $61 /sq ft Browse all markets →

Towns like Meredosia nearby

Find towns like Meredosia in other states →

Griggsville, IL62340 · 13 miles away82% similarpricier homes ($34K more) White Hall, IL62092 · 28 miles away76% similarlarger · older homes Astoria, IL61501 · 30 miles away76% similaryounger residents · 7 min longer commute Winchester, IL62694 · 14 miles away73% similarpricier homes ($36K more) · larger

Where Meredosia is

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Questions about Meredosia real estate

What are property taxes in Meredosia?

About 1.76% of a home’s value a year in Morgan County, or roughly $7,040 on a $400,000 home.

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Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Morgan County property taxes Morgan County loan limits Closing costs in Illinois Hottest ZIP codes in Illinois

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology