Is Thayer, IL 62689 a buyer’s or seller’s market?

The Thayer housing market right now

In the three months ending August 31, 2026, 20% of homes in Thayer, IL 62689 sold above their list price, the typical home went under contract in 36 days and there were 0.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (26 days then) and the median sale price rose 3% to $83,964. Overall, Thayer is more competitive than a year ago, so tougher for buyers.

Within Sangamon County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in 78%.

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.