Gorham, IL 62940 housing market
Data through Aug 2026 · Seller's market · leverage 11
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Buyer Leverage Score
11
Aug 2026
Months of Supply
3.1 months
May 2026
Days on Market
38 days
Aug 2026
Price Cut %
0.0%
Jul 2026
Sale-to-List Ratio
95.5%
Aug 2026
Expected Disaster Loss
$257
Dec 2025
What this means
- Supply. Listings are 100% below the 2017-19 norm and falling (−100% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is low (11/100; U.S.: 54): homes sell for about 4.5% below their final list price; 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $257 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding. Flood isn't covered by standard homeowners insurance.
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Other ZIP codes in Jackson County, IL
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Carbondale, IL 62901 | $132.2K | +7.5% | 43 |
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| Campbell Hill, IL 62916 | $173K | +5.4% | 31 |
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| Grand Tower, IL 62942 | – | – | 36 |
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