Bingham, IL 62011 housing market
Data through Mar 2026 · Balanced market · leverage 46
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Buyer Leverage Score
46
Jul 2020
Months of Supply
3.1 months
Jul 2020
Days on Market
55 days
Jun 2025
Price Cut %
0.0%
Apr 2025
Sale-to-List Ratio
92.6%
Mar 2026
Expected Disaster Loss
$155
Dec 2025
What this means
- Supply. There are 0% more homes for sale than the 2017-19 norm and falling (−100% vs. a year ago), so buyers have more to choose from than before the pandemic.
- Negotiating. Buyer leverage is moderate (46/100; U.S.: 54) (as of Jul 2020): homes sell for about 7.4% below their final list price; 0% of listings had a price cut (U.S.: 26%) (as of Apr 2025).
- Disaster risk. FEMA expects about $155 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 Fayette County, IL
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Vandalia, IL 62471 | $136.7K | −3.4% | 39 |
| Ramsey, IL 62080 | $166.4K | +9.2% | 40 |
| Saint Elmo, IL 62458 | $133.2K | −4.3% | 12 |
| Brownstown, IL 62418 | $182.8K | +3.0% | 17 |
| Beecher City, IL 62414 | $199.5K | +8.3% | 36 |
| Louisville, IL 62838 | $140.5K | +3.1% | 13 |
| Saint Peter, IL 62880 | $173.2K | +6.4% | 18 |
| Shobonier, IL 62885 | $189.1K | +6.3% | 13 |