Is Rinard, IL 62878 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Rinard housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Wayne County, IL

Population	177
Median income	$65,213
Average income	$68,252
Median home value	$85,600
Owner-occupied	100% of homes
Median year built	1994

Natural hazard riskExtreme heat (very high), earthquakes (relatively high), tornadoes (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 62878; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 62878

Prefilled for 62878Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62878Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cisne 62823 — /sq ft Fairfield 62837Buyer’s market $91 /sq ft Geff 62842 — /sq ft Sims 62886 — /sq ft Browse all markets →

Where Rinard is

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Questions about Rinard real estate

What are property taxes in Rinard?

About 1.49% of a home’s value a year in Wayne County, or roughly $5,960 on a $400,000 home.

Local agents

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More tools for 62878

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Wayne County property taxes Wayne County loan limits Closing costs in Illinois Hottest ZIP codes in Illinois

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology