Data as of April 2026. Source: Realtor.com.
The SHERIDAN, IL real estate market (60551) currently shows 7 active listings, with 1 pending sales. Homes are averaging 50 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 50 days on market compared to 160 days last year.
The median listing price has risen 76% year-over-year, from $511,250 to $899,975.
Whether you are buying or selling in SHERIDAN, 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.
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 April 2026, there are 7 active listings in SHERIDAN, IL (zip code 60551), compared to 12 the prior year.
The median listing price in SHERIDAN, IL 60551 is $899,975 as of April 2026, a 76% increase from $511,250 the prior year.
Homes in SHERIDAN, IL 60551 spend an average of 50 days on the market before going under contract, compared to 160 days the prior year.
Based on current inventory and days-on-market data as of April 2026, SHERIDAN, IL 60551 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 50 days on market compared to 160 days last year.
With SELL123.com's maximum 3% commission, sellers in SHERIDAN, IL 60551 save an estimated $18,000 compared to a typical 5% commission on the median listing price of $899,975. 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.