OfferBackedBuyer Tools

Is Stonefort, IL 62987 a buyer’s or seller’s market?

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

Stonefort 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 list25%Share of sales, last 3 months
Median sale-to-list95.5%Sold price ÷ list price
Median days on market81Listing to accepted offer
Median price per sq ft$102▼ −2.5% vs. last year

The Stonefort housing market right now

In the three months ending August 31, 2026, 25% of homes in Stonefort, IL 62987 sold above their list price, the typical home went under contract in 81 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 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 rose from 0%, homes sold more slowly (24 days then) and the median sale price fell 46% to $127,445. Overall, Stonefort is more competitive than a year ago, so tougher for buyers.

Nearby, buyers who want less competition could look at Herod 62947 (0% sold over asking) or Golconda 62938 (0% sold over asking).

Run the numbers for 62987

Prefilled for 62987Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62987Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Golconda 62938Buyer’s market $229 /sq ftHerod 62947Seller’s market $44 /sq ftSimpson 62985 — /sq ft Browse all markets →

Towns like Stonefort nearby

Find towns like Stonefort in other states →
Smithland, KY42081 · 31 miles away84% similarpricier homes ($55K more) Dongola, IL62926 · 34 miles away83% similarolder residents Buncombe, IL62912 · 23 miles away79% similar8 min shorter commute · older homes Galatia, IL62935 · 13 miles away77% similar6 min shorter commute

Where Stonefort is

Loading map…

Questions about Stonefort real estate

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

A buyer’s market: there were 6.4 months of supply in Stonefort, IL 62987 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 Stonefort?

The typical home went under contract in 81 days in the latest three months.

Do homes in Stonefort sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 95.5% of the list price.

What are property taxes in Stonefort?

About 1.03% of a home’s value a year in Pope County, or roughly $4,120 on a $400,000 home.

What is the median home price in Stonefort?

The median sale price was $127,445 in the three months ending August 31, 2026, about $102 per square foot.

Local agents

See all agents in 62987 →

No sponsored agents in 62987 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 62987

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Pope County property taxesPope County loan limitsClosing costs in IllinoisHottest ZIP codes in Illinois
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology