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Is Xenia, IL 62899 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Xenia is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list100.3%Sold price ÷ list price
Median days on market5Listing to accepted offer
Median price per sq ft$50

The Xenia housing market right now

In the three months ending August 31, 2026, 100% of homes in Xenia, IL 62899 sold above their list price, the typical home went under contract in 5 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Within Clay County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Louisville 62858 (0% sold over asking) or Clay City 62824 (0% sold over asking).

Run the numbers for 62899

Prefilled for 62899Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62899Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Clay City 62824Seller’s market $85 /sq ftEdgewood 62426Seller’s market $45 /sq ftFlora 62839Balanced $87 /sq ftLouisville 62858Seller’s market $40 /sq ft Browse all markets →

Towns like Xenia nearby

Find towns like Xenia in other states →
Bluford, IL62814 · 21 miles away89% similarcheaper homes ($27K less) · older residents Cisne, IL62823 · 14 miles away86% similarcheaper homes ($29K less) · older residents Belle Rive, IL62810 · 30 miles away82% similarcheaper homes ($30K less) · smaller Beecher City, IL62414 · 39 miles away81% similarolder residents

Where Xenia is

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Questions about Xenia real estate

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

A buyer’s market: there were 9.6 months of supply in Xenia, IL 62899 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 Xenia?

The typical home went under contract in 5 days in the latest three months.

Do homes in Xenia sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.

What are property taxes in Xenia?

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 Xenia?

The median sale price was $35,984 in the three months ending August 31, 2026, about $50 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