Population: 4,850 · Density: 31.6/mi² · Median household income: $82,277
Typical home value: $235,909 · Homeownership: 82.2%
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 60551 | Sheridan, IL 60551 | 0.0 mi | 10 | $6,655,380 | $592,300 | $665,538 |
| 60537 | Millington, IL 60537 | 5.2 mi | 2 | $760,000 | $380,000 | $380,000 |
| 60541 | Newark, IL 60541 | 8.5 mi | 6 | $3,009,180 | $559,000 | $501,530 |
| 60548 | Sandwich, IL 60548 | 9.0 mi | 18 | $6,292,494 | $350,000 | $349,583 |
| 61341 | Marseilles, IL 61341 | 12.7 mi | 16 | $3,046,928 | $155,000 | $190,433 |
| 60545 | Plano, IL 60545 | 13.3 mi | 25 | $8,912,650 | $320,000 | $356,506 |
| 61360 | Seneca, IL 61360 | 13.9 mi | 5 | $3,242,375 | $479,450 | $648,475 |
| 60450 | Morris, IL 60450 | 17.0 mi | 42 | $16,831,710 | $331,000 | $400,755 |
| 60556 | Waterman, IL 60556 | 17.2 mi | 10 | $3,173,720 | $358,990 | $317,372 |
| 60512 | Bristol, IL 60512 | 17.8 mi | 2 | $1,324,000 | $662,000 | $662,000 |
| 61373 | Utica, IL 61373 | 18.0 mi | 7 | $1,472,219 | $177,000 | $210,317 |
| 61353 | Paw Paw, IL 61353 | 19.8 mi | 3 | $843,900 | $245,000 | $281,300 |
| 61372 | Troy Grove, IL 61372 | 20.7 mi | 1 | $208,000 | $208,000 | $208,000 |
As of January 2026, there are 10 active listings in SHERIDAN, IL (zip code 60551), compared to 14 the prior year.
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.
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.
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.
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.