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LODA, IL 60948

Real Estate Market Report  ·  Iroquois County
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The LODA, IL real estate market (60948) currently shows 17 active listings, with 3 pending sales. Homes are averaging 108 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 taking longer to sell, averaging 108 days on market compared to 89 days last year.

The median listing price has risen 19.1% year-over-year, from $247,400 to $294,725.

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Market Context

Market Context

Population: 1,741  ·  Density: 13.6/mi²  ·  Median household income: $78,409

Typical home value: $242,827  ·  Homeownership: 95.4%

Market Overview

Active Listings
17
⇧ 41.7% vs 12 last year
Pending
3
18% pending ratio
Median Price
$294,725
⇧ 19.1% vs $247,400 last year
Average Price
$319,568
⇧ 16.3% vs $274,839 last year
Days on Market
108
⇧ 21.3% vs 89 days last year

Price Per Square Foot

Median $/sqft
$141
— vs $141/sqft last year
Median Home Size
2,019 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 17 this year vs 12 last year
  • Days on market: 108 now vs 89 last year

Median & Average Pricing

Year over Year
  • Median: $294,725 (+19.1% YoY)
  • Average: $319,568 (+16.3% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.1 miles — 81 listings ($14,064,285 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60948Loda, IL 609480.0 mi8$2,140,632$253,550$267,579
60957Paxton, IL 609576.7 mi18$3,002,526$144,925$166,807
60952Melvin, IL 609529.6 mi5$572,270$93,725$114,454
60924Cissna Park, IL 6092410.4 mi6$1,166,700$190,950$194,450
60933Elliott, IL 6093311.2 mi1$97,500$97,500$97,500
60955Onarga, IL 6095513.2 mi2$329,900$164,950$164,950
61866Rantoul, IL 6186615.3 mi21$3,107,895$139,925$147,995
61773Sibley, IL 6177316.0 mi1$169,900$169,900$169,900
60938Gilman, IL 6093818.0 mi10$2,195,170$217,400$219,517
60959Piper City, IL 6095919.2 mi2$256,250$128,125$128,125
61840Dewey, IL 6184019.7 mi1$100,000$100,000$100,000
61878Thomasboro, IL 6187820.0 mi4$522,576$129,900$130,644
61865Potomac, IL 6186521.1 mi2$402,966$199,000$201,483

Frequently Asked Questions

How many homes are for sale in LODA, IL 60948?

As of September 2026, there are 17 active listings in LODA, IL (zip code 60948), compared to 12 the prior year.

What is the median home price in LODA, IL 60948?

The median listing price in LODA, IL 60948 is $294,725 as of September 2026, a 19.1% increase from $247,400 the prior year.

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

Homes in LODA, IL 60948 spend an average of 108 days on the market before going under contract, compared to 89 days the prior year.

Is it a seller's or buyer's market in LODA, IL 60948?

Based on current inventory and days-on-market data as of September 2026, LODA, IL 60948 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 108 days on market compared to 89 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LODA, IL 60948 save an estimated $5,895 compared to a typical 5% commission on the median listing price of $294,725. 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.