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DONOVAN, IL 60931

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

Market Overview

Active Listings
2
Pending
1
50% pending ratio
Median Price
$142,450
⇩ 56.7% vs $329,000 last year
Average Price
$142,450
⇩ 56.7% vs $329,000 last year
Days on Market
107
⇩ 44% vs 191 days last year

Market Context

Population: 594  ·  Density: 4.8/mi²  ·  Median household income: $47,232

Typical home value: $112,061  ·  Homeownership: 85.1%

Market Analysis

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

The DONOVAN, IL real estate market (60931) currently shows 2 active listings, with 1 pending sales. Homes are averaging 107 days on the market before going under contract.

Homes are selling faster, averaging 107 days on market compared to 191 days last year.

The median listing price has fallen 56.7% year-over-year, from $329,000 to $142,450.

Whether you are buying or selling in DONOVAN, 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
  • Days on market: 107 now vs 191 last year

Median & Average Pricing

Year over Year
  • Median: $142,450 (-56.7% YoY)
  • Average: $142,450 (-56.7% 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 22.2 miles — 72 listings ($18,232,231 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60931Donovan, IL 609310.0 mi2$284,900$142,450$142,450
60956Papineau, IL 609568.6 mi1$12,000$12,000$12,000
47963Morocco, IN 479639.1 mi7$1,117,431$161,450$159,633
47951Kentland, IN 4795110.3 mi11$2,208,063$187,500$200,733
60958Pembroke Township, IL 6095812.0 mi6$646,680$120,000$107,780
60964Saint Anne, IL 6096412.7 mi17$4,805,764$258,750$282,692
47942Earl Park, IN 4794215.9 mi3$740,499$187,500$246,833
60928Crescent City, IL 6092817.1 mi4$1,019,600$254,900$254,900
47948Goodland, IN 4794817.6 mi3$771,000$257,000$257,000
60953Milford, IL 6095319.0 mi8$1,275,544$169,900$159,443
47943Fair Oaks, IN 4794319.7 mi1$527,500$527,500$527,500
60911Ashkum, IL 6091120.6 mi7$3,388,350$237,500$484,050
60930Danforth, IL 6093022.2 mi2$1,434,900$717,450$717,450

Frequently Asked Questions

How many homes are for sale in DONOVAN, IL 60931?

As of January 2026, there are 2 active listings in DONOVAN, IL (zip code 60931).

What is the median home price in DONOVAN, IL 60931?

The median listing price in DONOVAN, IL 60931 is $142,450 as of January 2026, a 56.7% decrease from $329,000 the prior year.

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

Homes in DONOVAN, IL 60931 spend an average of 107 days on the market before going under contract, compared to 191 days the prior year.

Is it a seller's or buyer's market in DONOVAN, IL 60931?

Based on current inventory and days-on-market data as of January 2026, DONOVAN, IL 60931 is currently a Balanced Market. Homes are selling faster, averaging 107 days on market compared to 191 days last year.

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

With SELL123.com's maximum 3% commission, sellers in DONOVAN, IL 60931 save an estimated $2,849 compared to a typical 5% commission on the median listing price of $142,450. 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.