Mill Shoals, IL 62862 housing market
Data through Aug 2026 · Buyer's market · leverage 71
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Buyer Leverage Score
71
Jun 2026
Days on Market
313 days
Aug 2026
Price Cut %
0.0%
Jun 2026
Sale-to-List Ratio
95.5%
Sep 2021
Expected Disaster Loss
$182
Dec 2025
What this means
- Supply. There are 0% more homes for sale than the 2017-19 norm and rising (+100% vs. a year ago), so buyers have more to choose from than before the pandemic.
- Negotiating. Buyer leverage is high (71/100; U.S.: 54) (as of Jun 2026): homes sell for about 4.5% below their final list price (as of Sep 2021); 0% of listings had a price cut (U.S.: 26%) (as of Jun 2026).
- Disaster risk. FEMA expects about $182 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 White County, IL
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Norris City, IL 62821 | $121.8K | +10.3% | 77 |
| Norris City, IL 62869 | $133.9K | +17.6% | 4 |
| Grayville, IL 62844 | $82.8K | −3.8% | 24 |
| Enfield, IL 62835 | $110.2K | +10.6% | 76 |
| Grayville, IL 62827 | $100.6K | −0.2% | 5 |
| New Haven, IL 62867 | – | – | 14 |
| Springerton, IL 62887 | – | – | 71 |
| Burnt Prairie, IL 62820 | – | – | 18 |
| ZIP 62861 | – | – | 71 |