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Is Murrayville, IL 62668 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Murrayville 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 list50%Share of sales, last 3 months
Median sale-to-list100.7%Sold price ÷ list price
Median days on market4Listing to accepted offer
Median price per sq ft$109▲ +25.5% vs. last year

The Murrayville housing market right now

In the three months ending August 31, 2026, 50% of homes in Murrayville, IL 62668 sold above their list price and the typical home went under contract in 4 days. With only 4 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 100%, homes sold about as fast and the median sale price rose 4% to $143,688. Overall, Murrayville is less competitive than a year ago, which gives buyers more room.

Within Morgan County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 67%.

Nearby, buyers who want less competition could look at Franklin 62638 (0% sold over asking) or Concord 62631 (0% sold over asking).

Run the numbers for 62668

Prefilled for 62668Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62668Over-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 ftChapin 62628 $55 /sq ftConcord 62631 $79 /sq ftFranklin 62638 $61 /sq ft Browse all markets →

Towns like Murrayville nearby

Find towns like Murrayville in other states →
Greenfield, IL62044 · 15 miles away83% similarcheaper homes ($27K less) · more renters Nebo, IL62355 · 30 miles away83% similarcheaper homes ($31K less) · older homes Shipman, IL62685 · 30 miles away81% similarolder residents Ashland, IL62612 · 27 miles away80% similarcheaper homes ($26K less) · 10 min shorter commute

Where Murrayville is

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Questions about Murrayville real estate

How fast do homes sell in Murrayville?

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

Do homes in Murrayville sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 100.7% of the list price.

What are property taxes in Murrayville?

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

What is the median home price in Murrayville?

The median sale price was $143,688 in the three months ending August 31, 2026, about $109 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