Is Irvington, IL 62848 a buyer’s or seller’s market?
Irvington is a seller’s market. With about 1.6 months of supply and 50% 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 Irvington housing market right now
In the three months ending August 31, 2026, 50% of homes in Irvington, IL 62848 sold above their list price, the typical home went under contract in 84 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 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 (55 days then) and the median sale price rose 14% to $138,390. Overall, Irvington is more competitive than a year ago, so tougher for buyers.
Within Washington County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Richview 62877 (0% sold over asking) or Ashley 62808 (0% sold over asking).
Run the numbers for 62848
Nearby markets
Ashley 62808 $77 /sq ftDu Bois 62831 — /sq ftHoyleton 62803Seller’s market $135 /sq ftNashville 62263Seller’s market $124 /sq ft Browse all markets →Where Irvington is
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Questions about Irvington real estate
Is Irvington a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Irvington, IL 62848 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 Irvington?
The typical home went under contract in 84 days in the latest three months.
Do homes in Irvington sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Irvington?
About 1.87% of a home’s value a year in Washington County, or roughly $7,480 on a $400,000 home.
What is the median home price in Irvington?
The median sale price was $138,390 in the three months ending August 31, 2026, about $71 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