Is Flora, IL 62839 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Flora is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4Under 4 months = seller’s market
Sold above original list12.5%Share of sales, last 3 months
Median sale-to-list92.4%Sold price ÷ list price
Median days on market45Listing to accepted offer
Median price per sq ft$87▲ +9.7% vs. last year

The Flora housing market right now

In the three months ending August 31, 2026, 13% of homes in Flora, IL 62839 sold above their list price, the typical home went under contract in 45 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 8 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 8%, homes sold more slowly (42 days then) and the median sale price fell 5% to $90,598. Overall, Flora is more competitive than a year ago, so tougher for buyers.

Within Clay County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%.

Nearby, buyers who want less competition could look at Louisville 62858 (0% sold over asking) or Clay City 62824 (0% sold over asking), while Xenia 62899 (100% sold over asking) is even more competitive.

Nearby markets

Clay City 62824Seller’s market $85 /sq ftEdgewood 62426Seller’s market $45 /sq ftLouisville 62858Seller’s market $40 /sq ftXenia 62899Buyer’s market $50 /sq ft Browse all markets →

Where Flora is

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Questions about Flora real estate

Is Flora a buyer’s or seller’s market?

A balanced market: there were 4 months of supply in Flora, IL 62839 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 Flora?

The typical home went under contract in 45 days in the latest three months.

Do homes in Flora sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 92.4% of the list price.

What are property taxes in Flora?

About 1.43% of a home’s value a year in Clay County, or roughly $5,720 on a $400,000 home.

What is the median home price in Flora?

The median sale price was $90,598 in the three months ending August 31, 2026, about $87 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