Is Walnut Hill, IL 62893 a buyer’s or seller’s market?
Walnut Hill is a seller’s market. With about 3.2 months of supply and 0% 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 Walnut Hill housing market right now
In the three months ending August 31, 2026, 0% of homes in Walnut Hill, IL 62893 sold above their list price, the typical home went under contract in 65 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, 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 (57 days then) and the median sale price fell 40% to $135,941. Overall, Walnut Hill is about as competitive as it was a year ago.
Within Jefferson County, homes here sell faster than in 86% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Mount Vernon 62864 (21% sold over asking) is even more competitive.
Run the numbers for 62893
Nearby markets
Bluford 62814 — /sq ftBonnie 62816Seller’s market $103 /sq ftDix 62830Seller’s market $111 /sq ftIna 62846Buyer’s market $142 /sq ft Browse all markets →Where Walnut Hill is
Loading map…
Questions about Walnut Hill real estate
Is Walnut Hill a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Walnut Hill, IL 62893 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 Walnut Hill?
The typical home went under contract in 65 days in the latest three months.
Do homes in Walnut Hill sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.
What are property taxes in Walnut Hill?
About 1.70% of a home’s value a year in Jefferson County, or roughly $6,800 on a $400,000 home.
What is the median home price in Walnut Hill?
The median sale price was $135,941 in the three months ending August 31, 2026, about $87 per square foot.
Local agents
See all agents in 62893 →No sponsored agents in 62893 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 62893
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology