Warsaw Historic District · Photo: Nyttend · Public domain24 homes sold in Warsaw in the last year, at a typical $120K
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 Warsaw homes are listed.
Every place Warsaw homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Warsaw.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Warsaw’s sales, at a typical $120K
24 homes sold in the year to May 2026.
typical sale · 24 sold in 12 months
- Per square foot
- $68IL $180
- Days to sell
- 124
- Sold over asking
- 17%
- Listings with a price cut
- 13%
More homes sell than most years, at 1.7 times the 2018 price
24 sales in the last year, against 23 in 2019 and a low of 13 in 2023. The typical sale went from $72K in 2018 to $120K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $150K buys in Warsaw
Check a listing against what Warsaw 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.
Bidding wars in Warsaw are more common than before the pandemic, and more homes are for sale
We read every month of Warsaw’s home sales since 2018 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, 24 sales.
If you’re buying in Warsaw
- Shop in March. It brings about 2 new listings a month, close to the busiest month, with fewer bidding wars (7% over asking).
- Offer under asking. Buyers paid 94.4% of the list price on average; 17% paid over.
- You’ll usually have time. Only 25% of homes go under contract within two weeks; the typical one takes 124 days.
Spring brings the homes; winter brings the bidding wars
May has the most new listings (about 2 a month), but January is the most competitive: 22% of January sales close over asking. March and April offer nearly as much choice with fewer homes bid up (7%). February has the least competition (0%) but only about 1 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Illinois
| Warsaw now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 17% | 10% | 25% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 25% | 0% | 0% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 13% | — | — | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 94.4% | 93.7% | 96.5% | 99.2% |
| Days to sellMedian days from listing to contract | 124 | 317 | 253 | 49 |
13 homes for sale on a typical day
That’s twice the 2023 low (6) and 17% more than in 2017–19.
1 in 8 listings has cut its price
13% in the last year, against — in 2017–19 and 19% across Illinois.
Source: Redfin Data Center, city market tracker, January 2018 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Warsaw home costs about $866 a month
Price: Warsaw’s typical sale, last 12 months. Property tax at Warsaw’s 2.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Warsaw is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. January has the fewest, about 0.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $120K home, about $2,890 a year.
Taxes vs. neighborsSchools
The schools grade for Warsaw, from test results, graduation and how much students grow.
Schools in WarsawCheck 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 hazardsLook 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.
Keokuk sells for less a square foot; Canton for far more
The busier markets within 25 miles of Warsaw, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Keokuk | 146 | $98K | $60 | 16% | 80 |
| Fort Madison | 140 | $106K | $76 | 8% | 74 |
| Hamilton | 44 | $93K | $75 | 7% | 100 |
| Canton | 32 | $145K | $103 | 13% | 60 |
| Carthage | 28 | $125K | $78 | 4% | 162 |
| Warsaw | 24 | $120K | $68 | 17% | 124 |
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.
Post your home to Warsaw, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Warsaw. People who follow the town see it, and so do people comparing Warsaw with their own town. No commission, no listing fee.
Questions about buying a home in Warsaw
What do homes sell for in Warsaw, IL?
24 homes sold in the year to May 2026 at a typical $120K, $68 a square foot.
Is Warsaw a buyer’s or seller’s market?
A buyer’s market: 10 homes were for sale in May 2026 and 1 sold, about 10 months of supply. Buyers paid 94.4% of asking on average, and 13% of listings cut their price.
When is the best time to buy in Warsaw?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Warsaw?
About 2.4% of a home’s value a year. On a $120K home that’s near $2,890.
Where can I see homes for sale in Warsaw?
Zillow, Redfin, Realtor.com and Homes.com all carry Warsaw’s MLS listings; the search links above open each one filtered to Warsaw.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).