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East Market in the Red Bud HDPhoto: Nyttend · Public domain
Housing in Red Bud

46 homes sold in Red Bud in the last year, at a typical $206K

Redfin reports Red Bud’s sales by ZIP code, so these figures are for ZIP 62278, which takes in Red Bud and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Red Bud homes are listed.

Homes sold
46
ZIP 62278 · June 2025 to May 2026
Typical sale price
$206K
median, weighted by sales
Price per square foot
$138
Illinois $193
Paid vs. asking
98.7%
30% sold over asking
For sale now
12
May 2026 · 4 sold that month
What sold · last 12 months · ZIP 62278

Houses are 100% of Red Bud’s sales, at a typical $206K

46 homes sold in the year to May 2026.

Houses$206K

typical sale · 46 sold in 12 months

Per square foot
$138IL $180
Days to sell
51
Sold over asking
30%
12 years of sales

More homes sell than most years, at 1.7 times the 2016 price

46 sales in the last year, against 51 in 2020 and a low of 26 in 2015. The typical sale went from $123K in 2016 to $206K.

Homes soldTypical sale price
0255075100$150K$200K$250K$300K2014: 30 sold, typical $161K’142015: 26 sold, typical $118K2016: 38 sold, typical $123K’162017: 34 sold, typical $122K2018: 38 sold, typical $150K’182019: 42 sold, typical $129K2020: 51 sold, typical $172K’202021: 45 sold, typical $170K2022: 44 sold, typical $190K’222023: 35 sold, typical $184K2024: 41 sold, typical $208K’242025: 47 sold, typical $210KLast 12 months: 46 sold, typical $206KNow

Source: Redfin Data Center, MLS sales; for ZIP 62278, which takes in Red Bud and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $200K buys in Red Bud

Houseat $138 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Red Bud homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 12 years of sales

Bidding wars in Red Bud are more common than before the pandemic, but 20% fewer homes come up for sale

We read every month of home sales in ZIP 62278 since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 46 sales.

If you’re buying in Red Bud

  • Shop in June. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
  • Bid near asking. Buyers paid 98.7% of the list price on average; 30% paid over.
Best time to buy

Summer brings the homes; fall brings the bidding wars

August has the most new listings (about 5 a month), but September is the most competitive: 27% of September sales close over asking. June and July offer nearly as much choice with fewer homes bid up (20%). February has the least competition (13%) but only about 2 new listings.

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 2 new listings a month, 14% sold over asking, 79 days to sellJFeb: 2 new listings a month, 13% sold over asking, 86 days to sellFMar: 3 new listings a month, 14% sold over asking, 101 days to sellMApr: 3 new listings a month, 17% sold over asking, 91 days to sellAMay: 4 new listings a month, 20% sold over asking, 78 days to sellMJun: 4 new listings a month, 20% sold over asking, 65 days to sellJJul: 4 new listings a month, 23% sold over asking, 66 days to sellJAug: 5 new listings a month, 25% sold over asking, 60 days to sellASep: 4 new listings a month, 27% sold over asking, 66 days to sellSOct: 4 new listings a month, 23% sold over asking, 56 days to sellONov: 4 new listings a month, 20% sold over asking, 60 days to sellNDec: 3 new listings a month, 19% sold over asking, 73 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Illinois

Red Bud now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price30%13%24%37%
Gone within two weeksShare of homes under contract within 14 days———46%
Listings with a price cutShare of homes for sale that cut their price———19%
Price paid vs. askingAverage sale price ÷ list price98.7%95.7%97.7%99.2%
Days to sellMedian days from listing to contract51675749
Supply

11 homes for sale on a typical day

That’s 1.5 times the 2022 low (7), 20% fewer than in 2017–19 and well under 2016’s 16.

2014: 9 for sale’142015: 11 for sale2016: 16 for sale2017: 12 for sale’172018: 13 for sale2019: 16 for sale2020: 10 for sale’202021: 9 for sale2022: 7 for sale2023: 8 for sale’232024: 7 for sale2025: 12 for saleLast 12 months: 11 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 62278, which takes in Red Bud and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Red Bud home costs about $1,335 a month

Mortgage
Property tax
Insurance
Rent

Price: Red Bud’s typical sale, last 12 months. Property tax at Red Bud’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Red Bud is affordable on local pay is on Cost of living.

Before you buy in Red Bud

Six things worth knowing

5

New listings in August

The month with the most choice. February has the fewest, about 2.

Best time to buy
1.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $206K home, about $3,130 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Red Bud, from test results, graduation and how much students grow.

Schools in Red Bud
23 min

Typical commute

The average one-way trip to work for people who live in Red Bud.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Marissa sells for less a square foot

The busier markets within 25 miles of Red Bud, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Waterloo165$314K$16035%43
Crystal City76$233K$17143%28
Freeburg58$264K$13938%48
Millstadt52$293K$14546%48
Smithton48$329K$14044%57
Red Bud (ZIP 62278)46$206K$13830%51
Marissa20$90K$6120%123

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Red Bud, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Red Bud. People who follow the town see it, and so do people comparing Red Bud with their own town. No commission, no listing fee.

Questions about buying a home in Red Bud

What do homes sell for in Red Bud, IL?

46 homes sold in the year to May 2026 at a typical $206K, $138 a square foot.

Is Red Bud a buyer’s or seller’s market?

A seller’s market: 12 homes were for sale in May 2026 and 4 sold, about 3 months of supply. Buyers paid 98.7% of asking on average.

When is the best time to buy in Red Bud?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Red Bud?

About 1.5% of a home’s value a year. On a $206K home that’s near $3,130.

Where can I see homes for sale in Red Bud?

Zillow, Redfin, Realtor.com and Homes.com all carry Red Bud’s MLS listings; the search links above open each one filtered to Red Bud.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 62278, which takes in Red Bud and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).