ZIP 62961 housing market
Data through Sep 2026 · Balanced market · leverage 17
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Buyer Leverage Score
17
May 2026
Days on Market
159 days
Sep 2026
Price Cut %
0.0%
Aug 2026
Sale-to-List Ratio
66.1%
Mar 2014
Expected Disaster Loss
$319
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 low (17/100; U.S.: 54) (as of May 2026): homes sell for about 33.9% below their final list price (as of Mar 2014); 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $319 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 Union County, IL
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Anna, IL 62906 | $141.4K | +3.2% | 67 |
| Cobden, IL 62920 | $197.6K | +4.9% | 88 |
| Jonesboro, IL 62952 | $136.6K | −4.6% | 55 |
| Dongola, IL 62926 | $139.8K | +0.6% | 30 |
| Alto Pass, IL 62905 | $163.9K | +1.3% | 27 |
| Wolf Lake, IL 62998 | – | – | 79 |