Is Tamms, IL 62988 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Tamms is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Tamms housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Alexander County, IL

Population	1,149
Median income	$54,779
Average income	$69,424
Median home value	$65,800
Median rent	$493/month
Owner-occupied	86% of homes
Median year built	1983

Natural hazard riskTornadoes (relatively high), winter storms (relatively high), earthquakes (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 62988; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 62988

Prefilled for 62988Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62988Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cairo 62914 — /sq ft Mc Clure 62957 — /sq ft Olive Branch 62969 — /sq ft Thebes 62990Seller’s market $129 /sq ft Browse all markets →

Towns like Tamms nearby

Find towns like Tamms in other states →

Arlington, KY42021 · 34 miles away85% similarpricier homes ($29K more) · younger residents Bertrand, MO63823 · 25 miles away84% similarpricier homes ($40K more) Dongola, IL62926 · 12 miles away77% similarpricier homes ($48K more) · larger La Center, KY42056 · 20 miles away75% similarpricier homes ($66K more)

Where Tamms is

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Questions about Tamms real estate

What are property taxes in Tamms?

About 1.81% of a home’s value a year in Alexander County, or roughly $7,240 on a $400,000 home.

Local agents

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More tools for 62988

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 Alexander County property taxes Alexander County loan limits Closing costs in Illinois Hottest ZIP codes in Illinois

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