Data as of March 2026. Source: Realtor.com.
The SHERIDAN, IL real estate market (60551) currently shows 8 active listings, with 4 pending sales. Homes are averaging 290 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 290 days on market compared to 131 days last year.
The median listing price has risen 57.7% year-over-year, from $650,000 to $1,025,000.
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 March 2026, there are 8 active listings in SHERIDAN, IL (zip code 60551), compared to 12 the prior year.
The median listing price in SHERIDAN, IL 60551 is $1,025,000 as of March 2026, a 57.7% increase from $650,000 the prior year.
Homes in SHERIDAN, IL 60551 spend an average of 290 days on the market before going under contract, compared to 131 days the prior year.
Based on current inventory and days-on-market data as of March 2026, SHERIDAN, IL 60551 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 290 days on market compared to 131 days last year.
With SELL123.com's maximum 3% commission, sellers in SHERIDAN, IL 60551 save an estimated $20,500 compared to a typical 5% commission on the median listing price of $1,025,000. 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.