Is Zeigler, IL 62999 a buyer’s or seller’s market?
Zeigler is a seller’s market. With about 2.6 months of supply and 40% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Zeigler housing market right now
In the three months ending August 31, 2026, 40% of homes in Zeigler, IL 62999 sold above their list price, the typical home went under contract in 47 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 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 faster (56 days then) and the median sale price fell 36% to $52,477. Overall, Zeigler is more competitive than a year ago, so tougher for buyers.
Within Franklin County, homes here sell faster than in 78% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Thompsonville 62890 (0% sold over asking) or Sesser 62884 (0% sold over asking).
Run the numbers for 62999
Nearby markets
Benton 62812Seller’s market $101 /sq ftBuckner 62819 $70 /sq ftChristopher 62822Balanced $52 /sq ftCoello 62825 $43 /sq ft Browse all markets →Towns like Zeigler nearby
Find towns like Zeigler in other states →Where Zeigler is
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Questions about Zeigler real estate
Is Zeigler a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Zeigler, IL 62999 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 Zeigler?
The typical home went under contract in 47 days in the latest three months.
Do homes in Zeigler sell over asking?
40% of homes sold above their original list price, and the typical sale closed at 92.4% of the list price.
What are property taxes in Zeigler?
About 1.57% of a home’s value a year in Franklin County, or roughly $6,280 on a $400,000 home.
What is the median home price in Zeigler?
The median sale price was $52,477 in the three months ending August 31, 2026, about $35 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