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SHERIDAN, IL 60551

Real Estate Market Report  ·  LaSalle County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
10
⇩ 28.6% vs 14 last year
Pending
2
20% pending ratio
Median Price
$592,300
⇧ 29.1% vs $458,625 last year
Average Price
$665,538
⇧ 14.1% vs $583,222 last year
Days on Market
61
⇩ 15.3% vs 72 days last year

Market Context

Population: 4,850  ·  Density: 31.6/mi²  ·  Median household income: $82,277

Typical home value: $235,909  ·  Homeownership: 82.2%

Market Analysis

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

The SHERIDAN, IL real estate market (60551) currently shows 10 active listings, with 2 pending sales. Homes are averaging 61 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 selling faster, averaging 61 days on market compared to 72 days last year.

The median listing price has risen 29.1% year-over-year, from $458,625 to $592,300.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 14 last year
  • Days on market: 61 now vs 72 last year

Median & Average Pricing

Year over Year
  • Median: $592,300 (+29.1% YoY)
  • Average: $665,538 (+14.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.7 miles — 147 listings ($55,772,556 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60551Sheridan, IL 605510.0 mi10$6,655,380$592,300$665,538
60537Millington, IL 605375.2 mi2$760,000$380,000$380,000
60541Newark, IL 605418.5 mi6$3,009,180$559,000$501,530
60548Sandwich, IL 605489.0 mi18$6,292,494$350,000$349,583
61341Marseilles, IL 6134112.7 mi16$3,046,928$155,000$190,433
60545Plano, IL 6054513.3 mi25$8,912,650$320,000$356,506
61360Seneca, IL 6136013.9 mi5$3,242,375$479,450$648,475
60450Morris, IL 6045017.0 mi42$16,831,710$331,000$400,755
60556Waterman, IL 6055617.2 mi10$3,173,720$358,990$317,372
60512Bristol, IL 6051217.8 mi2$1,324,000$662,000$662,000
61373Utica, IL 6137318.0 mi7$1,472,219$177,000$210,317
61353Paw Paw, IL 6135319.8 mi3$843,900$245,000$281,300
61372Troy Grove, IL 6137220.7 mi1$208,000$208,000$208,000

Frequently Asked Questions

How many homes are for sale in SHERIDAN, IL 60551?

As of January 2026, there are 10 active listings in SHERIDAN, IL (zip code 60551), compared to 14 the prior year.

What is the median home price in SHERIDAN, IL 60551?

The median listing price in SHERIDAN, IL 60551 is $592,300 as of January 2026, a 29.1% increase from $458,625 the prior year.

How long do homes stay on the market in SHERIDAN, IL?

Homes in SHERIDAN, IL 60551 spend an average of 61 days on the market before going under contract, compared to 72 days the prior year.

Is it a seller's or buyer's market in SHERIDAN, IL 60551?

Based on current inventory and days-on-market data as of January 2026, SHERIDAN, IL 60551 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 61 days on market compared to 72 days last year.

How much can I save on real estate commission in SHERIDAN, IL?

With SELL123.com's maximum 3% commission, sellers in SHERIDAN, IL 60551 save an estimated $11,846 compared to a typical 5% commission on the median listing price of $592,300. 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.