Dewey, IL 61840 housing market
Data through Sep 2026 · Buyer's market · leverage 78
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Buyer Leverage Score
78
Sep 2026
Months of Supply
9.6 months
Aug 2026
Days on Market
67 days
Sep 2026
Price Cut %
40%
Sep 2026
Sale-to-List Ratio
101.3%
Aug 2026
Expected Disaster Loss
$188
Dec 2025
What this means
- Supply. There are 9% more homes for sale than the 2017-19 norm and rising (+300% vs. a year ago), so buyers have more to choose from than before the pandemic.
- Negotiating. Buyer leverage is high (78/100; U.S.: 54): homes typically sell at or above asking (101.3% of list); 40% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $188 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Champaign County, IL
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Champaign, IL 61820 | $187.2K | +5.7% | 21 |
| Champaign, IL 61821 | $207.1K | +4.1% | 17 |
| Urbana, IL 61801 | $192.4K | +4.9% | 32 |
| Champaign, IL 61822 | $333.1K | +4.3% | 33 |
| Urbana, IL 61802 | $224.4K | +6.2% | 9 |
| Mahomet, IL 61853 | $352.3K | +3.9% | 58 |
| Rantoul, IL 61866 | $141K | +2.6% | 15 |
| Savoy, IL 61874 | $356.8K | +2.7% | 34 |
| Saint Joseph, IL 61873 | $292.8K | +6.0% | 31 |
| Tolono, IL 61880 | $251.2K | +6.8% | 47 |
| Philo, IL 61864 | $265.7K | +7.9% | 73 |
| Homer, IL 61849 | $191.6K | +4.7% | 42 |
| Fisher, IL 61843 | $237.6K | +9.3% | 77 |
| Ogden, IL 61859 | $224.8K | +7.6% | 32 |
| Gifford, IL 61847 | $231.5K | +9.8% | 15 |
| Thomasboro, IL 61878 | $159.3K | +15.1% | 42 |
| Sidney, IL 61877 | $238.5K | +9.3% | 12 |
| Seymour, IL 61875 | $304.2K | +9.4% | 30 |
| Pesotum, IL 61863 | $215.8K | +6.3% | 37 |
| Sadorus, IL 61872 | $206.2K | +10.2% | 94 |
| Penfield, IL 61862 | – | – | 34 |
| Ludlow, IL 60949 | – | – | 28 |
| Broadlands, IL 61816 | – | – | 1 |
| Bondville, IL 61815 | – | – | 30 |
| Royal, IL 61871 | – | – | 8 |
| Ivesdale, IL 61851 | – | – | 10 |
| Foosland, IL 61845 | – | – | 25 |
| Longview, IL 61852 | – | – | 56 |