Is Thompsonville, IL 62890 a buyer’s or seller’s market?
Thompsonville is a buyer’s market. With about 7.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Thompsonville housing market right now
In the three months ending August 31, 2026, 0% of homes in Thompsonville, IL 62890 sold above their list price, the typical home went under contract in 51 days and there were 7.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (40 days then) and the median sale price rose 34% to $89,961. Overall, Thompsonville is less competitive than a year ago, which gives buyers more room.
Within Franklin County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Zeigler 62999 (40% sold over asking) and Benton 62812 (35% sold over asking) are even more competitive.
Run the numbers for 62890
Nearby markets
Benton 62812Seller’s market $101 /sq ftBuckner 62819 $70 /sq ftChristopher 62822Balanced $52 /sq ftCoello 62825 $43 /sq ft Browse all markets →Towns like Thompsonville nearby
Find towns like Thompsonville in other states →Where Thompsonville is
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Questions about Thompsonville real estate
Is Thompsonville a buyer’s or seller’s market?
A buyer’s market: there were 7.5 months of supply in Thompsonville, IL 62890 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 Thompsonville?
The typical home went under contract in 51 days in the latest three months.
Do homes in Thompsonville sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 88.8% of the list price.
What are property taxes in Thompsonville?
About 1.57% of a home’s value a year in Franklin County, or roughly $6,280 on a $400,000 home.
What is the median home price in Thompsonville?
The median sale price was $89,961 in the three months ending August 31, 2026, about $61 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