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WATERMAN, IL 60556

Real Estate Market Report  ·  DeKalb County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
10
⇧ 100% vs 5 last year
Pending
1
10% pending ratio
Median Price
$358,990
⇧ 38.1% vs $259,999 last year
Average Price
$317,372
⇧ 13.3% vs $279,999 last year
Days on Market
45
⇩ 11.8% vs 51 days last year

Market Context

Population: 2,216  ·  Density: 16.3/mi²  ·  Median household income: $85,417

Typical home value: $223,304  ·  Homeownership: 81.1%

Market Analysis

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

The WATERMAN, IL real estate market (60556) currently shows 10 active listings, with 1 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 45 days on market compared to 51 days last year.

The median listing price has risen 38.1% year-over-year, from $259,999 to $358,990.

Whether you are buying or selling in WATERMAN, 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 5 last year
  • Days on market: 45 now vs 51 last year

Median & Average Pricing

Year over Year
  • Median: $358,990 (+38.1% YoY)
  • Average: $317,372 (+13.3% 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 17.8 miles — 218 listings ($98,701,476 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60556Waterman, IL 605560.0 mi10$3,173,720$358,990$317,372
60520Hinckley, IL 605206.1 mi15$7,706,325$413,820$513,755
60115Dekalb, IL 601159.4 mi52$15,963,116$285,000$306,983
60548Sandwich, IL 6054810.8 mi18$6,292,494$350,000$349,583
60112Cortland, IL 6011211.8 mi39$12,818,988$347,450$328,692
61353Paw Paw, IL 6135312.4 mi3$843,900$245,000$281,300
60553Steward, IL 6055313.7 mi1$309,900$309,900$309,900
60151Maple Park, IL 6015115.0 mi11$7,899,760$575,000$718,160
60536Millbrook, IL 6053616.2 mi1$1,290,000$1,290,000$1,290,000
60554Sugar Grove, IL 6055416.3 mi29$13,797,243$507,000$475,767
60119Elburn, IL 6011916.7 mi27$20,626,650$574,500$763,950
60551Sheridan, IL 6055117.2 mi10$6,655,380$592,300$665,538
60512Bristol, IL 6051217.8 mi2$1,324,000$662,000$662,000

Frequently Asked Questions

How many homes are for sale in WATERMAN, IL 60556?

As of January 2026, there are 10 active listings in WATERMAN, IL (zip code 60556), compared to 5 the prior year.

What is the median home price in WATERMAN, IL 60556?

The median listing price in WATERMAN, IL 60556 is $358,990 as of January 2026, a 38.1% increase from $259,999 the prior year.

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

Homes in WATERMAN, IL 60556 spend an average of 45 days on the market before going under contract, compared to 51 days the prior year.

Is it a seller's or buyer's market in WATERMAN, IL 60556?

Based on current inventory and days-on-market data as of January 2026, WATERMAN, IL 60556 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 45 days on market compared to 51 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WATERMAN, IL 60556 save an estimated $7,180 compared to a typical 5% commission on the median listing price of $358,990. 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.