$5,000
Baxmeyer Ln Lot 10
Assumption, IL
Land26,136 sqft lot
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Sarah Mitchell
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Compass Real Estate · Assumption, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Assumption, IL(512) 555-0184TX License #0512847
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5.0 · 47 reviews
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Assumption, IL Housing Market & Real Estate
Leaning buyer's+80.9% YoY
Housing market overview · Updated monthly ·
$199,000median sale price
How is the Assumption, IL housing market right now?
The median home sale price in Assumption, IL is $199,000, up 80.9% year-over-year. Homes sell in an average of 155 days with 5 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Assumption a buyer's or seller's market?
Leaning buyer's5.0 months of supply155 avg. days on market
Assumption, IL is currently a leaning buyer's, based on 5.0 months of supply and homes selling in about 155 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
155
Average pace
Active listings
5
5.0 months supply
Sale-to-list
100.0%
Above asking
What does the Assumption housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $199,000 |
| Median list price | $74,900 |
| Year-over-year price change | +80.9% |
| Average days on market | 155 days |
| Active inventory | 5 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $96/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 40.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Assumption by property type?
How the Assumption, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $199,000 | $96/sq ft | 1 | 155 days |
Source: Redfin · Updated monthly
The Assumption housing market is currently classified as a leaning buyer's with a median sale price of $199,000. Prices have risen 80.9% compared to last year, with homes spending an average of 155 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.5x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Assumption
There are currently 5 homes listed for sale in Assumption, Illinois. The median listing price is $75K. Featured listings range from $5,000 to $299,000.
$5,000
Baxmeyer Ln Lot 15
Assumption, IL
Land26,136 sqft lot
View photos & details
$5,000
Baxmeyer Ln Lot 14
Assumption, IL
Land26,136 sqft lot
View photos & details
$5,000
Baxmeyer Ln Lot 13
Assumption, IL
Land26,136 sqft lot
View photos & details
$5,000
Baxmeyer Ln Lot 12
Assumption, IL
Land26,136 sqft lot
View photos & details
$5,000
Baxmeyer Ln Lot 11
Assumption, IL
Land26,136 sqft lot
View photos & details
$5,000
Baxmeyer Ln Lot 16
Assumption, IL
Land26,136 sqft lot
View photos & details
$75,000
325 N Poplar St
Assumption, IL
2 bd1 ba1,056 sqft$71/ft²
House
View photos & details
$165,000
107 S Oak St
Assumption, IL
4 bd4 ba
Multi-family
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$194,500
225 E North St
Assumption, IL
3 bd2 ba1,792 sqft$109/ft²
Mobile home12,632 sqft lot
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$199,000
324 N Oak St
Assumption, IL
3 bd2 ba2,074 sqft$96/ft²
House9,583 sqft lot
View photos & details
$299,000
990 E 2200 North Rd
Assumption, IL
3 bd3 ba2,396 sqft$125/ft²
House2.00 acres
View photos & details
Looking to buy in Assumption?
Get connected with a local real estate expert — free, no obligation.
Active listings
5
Homes on market
Median list price
$75K
Avg. days on market
155
Days until sale
New this week
1
Newly listed
Price drops:40.0%of listings
Sale-to-list:100.0%
Who lives in Assumption?
Population
1,117
Median income
$55,764/yr
Median age
34.3 years
Owner-occupied
61.1%
College grads
14.8%
Avg commute
20.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Assumption?
Zillow home value
$136,701
Price-to-income
2.5x
Source: Zillow Research
What is it like to live in Assumption?
Assumption is a community of approximately 1K residents with a median age of 34.3 years.The median household income is $55,764, which represents a working-class community with solid middle-income opportunities. 14.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 61.1%, showing a blend of owner and renter-occupied properties. The average commute time is 20.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Assumption offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Assumption?
3 schools tracked · 325 students
The largest public schools serving Assumption, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Central A & M Middle School
Grades 6-8 · 165 students
Bond Primary
Grades PK-1 · 160 students
Kemmerer Village School
Grades 6-12
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Assumption, IL?
Want a head-to-head view? Compare Assumption side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Assumption?
The median home sale price in Assumption is $199,000, up 80.9% from last year.
How long do homes stay on market in Assumption?
Homes typically spend 155 days on market before going under contract.
What is the median income in Assumption?
The median household income is $55,764 per year.
Is Assumption a buyer's or seller's market?
With 5.0 months of supply, Assumption is currently a leaning buyer's.
How many homes are for sale in Assumption?
There are currently 5 homes listed for sale in Assumption, IL.
What is the Zillow home value estimate for Assumption?
The Zillow Home Value Index (ZHVI) for Assumption is $136,701, representing the typical home value in the area.
How much does a single-family home cost in Assumption?
The median single-family home price in Assumption, IL is $199,000 (about $96 per square foot).
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