Data as of September 2026. Source: Realtor.com.
The SHERIDAN, IL real estate market (60551) currently shows 6 active listings, with 1 pending sales. Homes are averaging 41 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 41 days on market compared to 65 days last year.
The median listing price has fallen 56.2% year-over-year, from $950,000 to $416,249.
Population: 4,850 · Density: 31.6/mi² · Median household income: $82,277
Typical home value: $235,909 · Homeownership: 82.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 60551 | Sheridan, IL 60551 | 0.0 mi | 10 | $7,010,070 | $759,700 | $701,007 |
| 60537 | Millington, IL 60537 | 5.2 mi | 1 | $412,000 | $412,000 | $412,000 |
| 60541 | Newark, IL 60541 | 8.5 mi | 7 | $3,121,244 | $464,450 | $445,892 |
| 60548 | Sandwich, IL 60548 | 9.0 mi | 25 | $10,576,650 | $389,900 | $423,066 |
| 61341 | Marseilles, IL 61341 | 12.7 mi | 16 | $2,976,032 | $154,925 | $186,002 |
| 60545 | Plano, IL 60545 | 13.3 mi | 31 | $11,235,051 | $345,000 | $362,421 |
| 61360 | Seneca, IL 61360 | 13.9 mi | 6 | $3,221,598 | $412,000 | $536,933 |
| 60450 | Morris, IL 60450 | 17.0 mi | 42 | $15,454,278 | $319,000 | $367,959 |
| 60556 | Waterman, IL 60556 | 17.2 mi | 5 | $1,483,190 | $318,375 | $296,638 |
| 60512 | Bristol, IL 60512 | 17.8 mi | 1 | $425,000 | $425,000 | $425,000 |
| 61373 | Utica, IL 61373 | 18.0 mi | 9 | $1,897,767 | $177,000 | $210,863 |
| 61353 | Paw Paw, IL 61353 | 19.8 mi | 3 | $836,901 | $245,000 | $278,967 |
| 61372 | Troy Grove, IL 61372 | 20.7 mi | 1 | $208,000 | $208,000 | $208,000 |
As of September 2026, there are 6 active listings in SHERIDAN, IL (zip code 60551), compared to 9 the prior year.
The median listing price in SHERIDAN, IL 60551 is $416,249 as of September 2026, a 56.2% decrease from $950,000 the prior year.
Homes in SHERIDAN, IL 60551 spend an average of 41 days on the market before going under contract, compared to 65 days the prior year.
Based on current inventory and days-on-market data as of September 2026, SHERIDAN, IL 60551 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 41 days on market compared to 65 days last year.
With SELL123.com's maximum 3% commission, sellers in SHERIDAN, IL 60551 save an estimated $8,325 compared to a typical 5% commission on the median listing price of $416,249. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.