Is Virden, IL 62690 a buyer’s or seller’s market?
Virden is a seller’s market. With about 2.2 months of supply and 30% 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.
The Virden housing market right now
In the three months ending August 31, 2026, 30% of homes in Virden, IL 62690 sold above their list price, the typical home went under contract in 4 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold about as fast and the median sale price rose 10% to $134,542. Overall, Virden is less competitive than a year ago, which gives buyers more room.
Within Macoupin County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 64%.
Nearby, buyers who want less competition could look at Shipman 62685 (0% sold over asking) or Palmyra 62674 (0% sold over asking), while Wilsonville 62093 (67% sold over asking) and Staunton 62088 (38% sold over asking) are even more competitive.
Run the numbers for 62690
Nearby markets
Benld 62009Buyer’s market $95 /sq ftBunker Hill 62014Seller’s market $128 /sq ftCarlinville 62626Seller’s market $92 /sq ftChesterfield 62630 — /sq ft Browse all markets →Towns like Virden nearby
Find towns like Virden in other states →Where Virden is
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Questions about Virden real estate
Is Virden a buyer’s or seller’s market?
A seller’s market: there were 2.2 months of supply in Virden, IL 62690 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 Virden?
The typical home went under contract in 4 days in the latest three months.
Do homes in Virden sell over asking?
30% of homes sold above their original list price, and the typical sale closed at 97.6% of the list price.
What are property taxes in Virden?
About 1.50% of a home’s value a year in Macoupin County, or roughly $6,000 on a $400,000 home.
What is the median home price in Virden?
The median sale price was $134,542 in the three months ending August 31, 2026, about $101 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