Is Benton, IL 62812 a buyer’s or seller’s market?

The Benton housing market right now

In the three months ending August 31, 2026, 35% of homes in Benton, IL 62812 sold above their list price, the typical home went under contract in 54 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 30 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (33% then), homes sold more slowly (41 days then) and the median sale price rose 47% to $155,933. Overall, Benton is less competitive than a year ago, which gives buyers more room.

Within Franklin County, homes here sell faster than in 56% of the county’s ZIP codes, and sell more often over asking than in 89%. On our competition score, Benton ranks #241 of 464 IL ZIP codes with enough sales (score 66 out of 100).

Nearby, buyers who want less competition could look at Thompsonville 62890 (0% sold over asking) or Sesser 62884 (0% sold over asking), while Zeigler 62999 (40% sold over asking) is even more competitive.