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City / Town Overview

Waterman, IL

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The Waterman, IL real estate market currently shows 15 active listings, with 13 pending sales. Homes are averaging 22 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 22 days on market compared to 6 days last year.

The median listing price has risen 60.9% year-over-year, from $321,250 to $517,000.

Whether you are buying or selling in Waterman, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,216  ·  Density: 16.3/mi²  ·  Median household income: $85,417

Typical home value: $223,304  ·  Homeownership: 81.1%

Included Areas

Waterman: 60556

Area Map

Market Overview

Active Listings
15
⇧ 150% vs 6 last year
Pending
13
87% pending ratio
Median Price
$517,000
⇧ 60.9% vs $321,250 last year
Average Price
$517,000
⇧ 64.6% vs $314,166 last year
Days on Market
22
⇧ 266.7% vs 6 days last year

Price Per Square Foot

Median $/sqft
$366
⇧ 137.7% vs $154/sqft last year
Median Home Size
1,398 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %