Is Vergennes, IL 62994 a buyer’s or seller’s market?

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

Vergennes 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-list95.5%Sold price ÷ list price
Median days on market76Listing to accepted offer
Median price per sq ft$67

The Vergennes housing market right now

In the three months ending August 31, 2026, 0% of homes in Vergennes, IL 62994 sold above their list price, the typical home went under contract in 76 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.

Within Jackson County, homes here sell faster than in 70% 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.

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 →

Where Vergennes is

Loading map…

Questions about Vergennes real estate

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

A buyer’s market: there were 6.4 months of supply in Vergennes, IL 62994 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 Vergennes?

The typical home went under contract in 76 days in the latest three months.

Do homes in Vergennes sell over asking?

0% 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 Vergennes?

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 Vergennes?

The median sale price was $104,955 in the three months ending August 31, 2026, about $67 per square foot.

No sponsored agents in 62994 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 62994

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