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Featured local agent — Meredosia, IL
Sarah Mitchell
Compass Real Estate · Meredosia, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Meredosia, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$64,900median sale price
How is the Meredosia, IL housing market right now?
The median home sale price in Meredosia, IL is $64,900, down 27.9% year-over-year. Homes sell in an average of 126 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of December 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Meredosia a buyer's or seller's market?
Meredosia, IL is currently a buyer's market and homes selling in about 126 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
126
Average pace
Active listings
—
Sale-to-list
92.8%
Below asking
What does the Meredosia housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $64,900 |
| Year-over-year price change | -27.9% |
| Average days on market | 126 days |
| Sale-to-list price ratio | 92.8% |
| Homes sold (latest month) | 1 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Meredosia by property type?
How the Meredosia, 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 | $99,900 | $56/sq ft | 1 | 4 days |
Source: Redfin · Updated monthly
The Meredosia housing market is currently classified as a buyer's market with a median sale price of $64,900. Prices have fallen 27.9% compared to last year, with homes spending an average of 126 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 1.2x provides context for how home values compare to local earning capacity.
Homes for sale in Meredosia
Explore homes currently listed for sale in Meredosia, Illinois across major real estate platforms.
Who lives in Meredosia?
Population
937
Median income
$57,500/yr
Median age
43.1 years
Owner-occupied
71.5%
College grads
8.2%
Avg commute
23.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Meredosia?
Zillow home value
$68,048
Price-to-income
1.2x
Source: Zillow Research
What is it like to live in Meredosia?
Meredosia is a community of approximately 1K residents with a median age of 43.1 years.The median household income is $57,500, which represents a working-class community with solid middle-income opportunities. 8.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 71.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Meredosia offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Meredosia?
3 schools tracked · 221 students
The largest public schools serving Meredosia, 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.
Meredosia-Chambersburg Elem Sch
Grades PK-5 · 117 students
Meredosia-Chambersburg Jr High
Grades 5-8 · 53 students
Meredosia-Chambersburg High Sch
Grades 9-12 · 51 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 Meredosia, IL?
Want a head-to-head view? Compare Meredosia side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Meredosia?
The median home sale price in Meredosia is $64,900, down 27.9% from last year.
How long do homes stay on market in Meredosia?
Homes typically spend 126 days on market before going under contract.
What is the median income in Meredosia?
The median household income is $57,500 per year.
What is the Zillow home value estimate for Meredosia?
The Zillow Home Value Index (ZHVI) for Meredosia is $68,048, representing the typical home value in the area.
How much does a single-family home cost in Meredosia?
The median single-family home price in Meredosia, IL is $99,900 (about $56 per square foot).
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