Is Makanda, IL 62958 a buyer’s or seller’s market?
Makanda 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.
The Makanda housing market right now
In the three months ending August 31, 2026, 0% of homes in Makanda, IL 62958 sold above their list price, the typical home went under contract in 90 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 4 sales, 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 more slowly (80 days then) and the median sale price rose 28% to $298,371. Overall, Makanda is less competitive than a year ago, which gives buyers more room.
Within Jackson County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Ava 62907 (50% sold over asking) and Murphysboro 62966 (17% sold over asking) are even more competitive.
Run the numbers for 62958
Nearby markets
Ava 62907Balanced $94 /sq ftCampbell Hill 62916Buyer’s market $98 /sq ftCarbondale 62901Seller’s market $99 /sq ftCarbondale 62903Seller’s market $106 /sq ft Browse all markets →Towns like Makanda nearby
Find towns like Makanda in other states →Where Makanda is
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Questions about Makanda real estate
Is Makanda a buyer’s or seller’s market?
A buyer’s market: there were 9.6 months of supply in Makanda, IL 62958 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 Makanda?
The typical home went under contract in 90 days in the latest three months.
Do homes in Makanda sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.2% of the list price.
What are property taxes in Makanda?
About 1.84% of a home’s value a year in Jackson County, or roughly $7,360 on a $400,000 home.
What is the median home price in Makanda?
The median sale price was $298,371 in the three months ending August 31, 2026, about $134 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