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Featured local agent — Buncombe, IL
Sarah Mitchell
Compass Real Estate · Buncombe, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Buncombe, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$56,300median sale price
How is the Buncombe, IL housing market right now?
The median home sale price in Buncombe, IL is $56,300. Homes sell in an average of 213 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of January 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Buncombe a buyer's or seller's market?
Buncombe, IL is currently a buyer's market and homes selling in about 213 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
213
Average pace
Active listings
—
Sale-to-list
86.6%
Below asking
What does the Buncombe housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $56,300 |
| Average days on market | 213 days |
| Sale-to-list price ratio | 86.6% |
| Median price per sq ft | $54/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Buncombe by property type?
How the Buncombe, 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 | $56,300 | $54/sq ft | 1 | 213 days |
Source: Redfin · Updated monthly
The Buncombe housing market is currently classified as a buyer's market with a median sale price of $56,300. Prices have fallen 0.0% compared to last year, with homes spending an average of 213 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 2.8x provides context for how home values compare to local earning capacity.
Homes for sale in Buncombe
Explore homes currently listed for sale in Buncombe, Illinois across major real estate platforms.
Who lives in Buncombe?
Population
341
Median income
$62,500/yr
Median age
26.2 years
Owner-occupied
79.2%
College grads
11.7%
Avg commute
25.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Buncombe?
Zillow home value
$176,309
Price-to-income
2.8x
Source: Zillow Research
What is it like to live in Buncombe?
Buncombe is a community of approximately 0K residents with a median age of 26.2 years.The median household income is $62,500, which represents a working-class community with solid middle-income opportunities. 11.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 79.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Buncombe offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Buncombe?
2 schools tracked · 187 students
The largest public schools serving Buncombe, 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.
Lick Creek Elem School
Grades PK-8 · 129 students
Buncombe Cons School
Grades K-8 · 58 students
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 Buncombe, IL?
Want a head-to-head view? Compare Buncombe side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Buncombe?
The median home sale price in Buncombe is $56,300, down 0.0% from last year.
How long do homes stay on market in Buncombe?
Homes typically spend 213 days on market before going under contract.
What is the median income in Buncombe?
The median household income is $62,500 per year.
What is the Zillow home value estimate for Buncombe?
The Zillow Home Value Index (ZHVI) for Buncombe is $176,309, representing the typical home value in the area.
How much does a single-family home cost in Buncombe?
The median single-family home price in Buncombe, IL is $56,300 (about $54 per square foot).
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