Is Dongola, IL 62926 a buyer’s or seller’s market?

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

Dongola is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list85.4%Sold price ÷ list price
Median days on market15Listing to accepted offer
Median price per sq ft$86▼ −11.8% vs. last year

The Dongola housing market right now

In the three months ending August 31, 2026, 0% of homes in Dongola, IL 62926 sold above their list price, the typical home went under contract in 15 days and there were 6.4 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.

Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold faster (83 days then) and the median sale price fell 56% to $75,967. Overall, Dongola is about as competitive as it was a year ago.

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

Nearby, Anna 62906 (36% sold over asking) and Jonesboro 62952 (17% sold over asking) are even more competitive.

Nearby markets

Alto Pass 62905Seller’s market $197 /sq ftAnna 62906Buyer’s market $86 /sq ftCobden 62920Buyer’s market $115 /sq ftJonesboro 62952Seller’s market $88 /sq ft Browse all markets →

Where Dongola is

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Questions about Dongola real estate

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

A buyer’s market: there were 6.4 months of supply in Dongola, IL 62926 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 Dongola?

The typical home went under contract in 15 days in the latest three months.

Do homes in Dongola sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 85.4% of the list price.

What are property taxes in Dongola?

About 1.30% of a home’s value a year in Union County, or roughly $5,200 on a $400,000 home.

What is the median home price in Dongola?

The median sale price was $75,967 in the three months ending August 31, 2026, about $86 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