Housing Market Report for Sangamon County, IL

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This housing market report uses absorption rates to track supply and demand for Sangamon County, IL. With 13.2 months of inventory across all segments, conditions currently favor buyers — more homes are available than active buyers, creating more room to negotiate on price and terms. Use the tables below to explore specific price ranges and property types in detail. [Last updated: October 6, 2026]

What is an Absorption Rate? How is Absorption Rate calculated? How is Months of Inventory calculated? Market Conditions Guide
Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Houses

Hottest Segment 🔥
$150k – $175k

Absorption rate of 0.5, with 2 months of inventory.

Coolest Segment ❄️
$50k – $75k

With 18 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$50k – $75k

9 active listings with 3 sold in the last 6 months.

Market Overview
All Segments

With 8.1 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months Sold in Last 6 Months 		Under
Contract Sold in Last 6 Months 		Absorption
Rate Absorption Rate 		Months of
Inventory Months of Inventory 		Market
0-25k 1 0.2 0 Seller's
25k-50k 4 0
50k-75k 9 3 0.1 18 Buyer's
125k-150k 1 1 1 0.2 6 Balanced
150k-175k 1 3 0.5 2 Seller's
175k-200k 2 1 0.3 0 Seller's
200k-225k 1 0.2 0 Seller's
225k-250k 1 0
250k-275k 1 1 0.2 6 Balanced
400k-425k 1 0
425k-450k 1 0.2 0 Seller's
550k-600k 1 1 0.2 6 Balanced

Townhouses

Hottest Segment 🔥
$400k – $425k

Absorption rate of 0.

Most Active
$400k – $425k

1 active listings with 0 sold in the last 6 months.

List Price Available # of Homes Available Sold Last
6 Months Sold in Last 6 Months 		Under
Contract Sold in Last 6 Months 		Absorption
Rate Absorption Rate 		Months of
Inventory Months of Inventory 		Market
400k-425k 1 0

Condos

Coolest Segment ❄️
$250k – $275k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$250k – $275k

0 active listings with 1 sold in the last 6 months.

List Price Available # of Homes Available Sold Last
6 Months Sold in Last 6 Months 		Under
Contract Sold in Last 6 Months 		Absorption
Rate Absorption Rate 		Months of
Inventory Months of Inventory 		Market
250k-275k 1 0.2 0 Seller's

Land

Hottest Segment 🔥
$0 – $25k

Absorption rate of 0.

Most Active
$0 – $25k

13 active listings with 0 sold in the last 6 months.

List Price Available # of Homes Available Sold Last
6 Months Sold in Last 6 Months 		Under
Contract Sold in Last 6 Months 		Absorption
Rate Absorption Rate 		Months of
Inventory Months of Inventory 		Market
0-25k 13 0