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LODA, IL 60948

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

Market Overview

Active Listings
7
⇩ 30% vs 10 last year
Pending
0
0% pending ratio
Median Price
$249,900
⇧ 2% vs $244,950 last year
Average Price
$256,757
⇩ 11% vs $288,423 last year
Days on Market
82
⇩ 21.9% vs 105 days last year

Market Context

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

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

Market Analysis

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

The LODA, IL real estate market (60948) currently shows 7 active listings. Homes are averaging 82 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 82 days on market compared to 105 days last year.

The median listing price has risen 2% year-over-year, from $244,950 to $249,900.

Whether you are buying or selling in LODA, 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: 7 this year vs 10 last year
  • Days on market: 82 now vs 105 last year

Median & Average Pricing

Year over Year
  • Median: $249,900 (+2% YoY)
  • Average: $256,757 (-11% 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 20.8 miles — 75 listings ($13,783,082 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60948Loda, IL 609480.0 mi7$1,797,299$249,900$256,757
60957Paxton, IL 609576.7 mi16$2,746,624$149,900$171,664
60952Melvin, IL 609529.6 mi4$516,532$113,500$129,133
60924Cissna Park, IL 6092410.4 mi5$1,151,900$250,000$230,380
60933Elliott, IL 6093311.2 mi1$97,500$97,500$97,500
60955Onarga, IL 6095513.2 mi1$149,900$149,900$149,900
61866Rantoul, IL 6186615.3 mi25$3,628,475$137,200$145,139
61773Sibley, IL 6177316.0 mi1$174,450$174,450$174,450
61775Strawn, IL 6177517.7 mi2$734,500$367,250$367,250
60921Chatsworth, IL 6092118.3 mi6$1,192,302$212,250$198,717
60928Crescent City, IL 6092819.4 mi4$1,019,600$254,900$254,900
61845Foosland, IL 6184520.0 mi1$235,000$235,000$235,000
61812Armstrong, IL 6181220.8 mi2$339,000$169,500$169,500

Frequently Asked Questions

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

As of January 2026, there are 7 active listings in LODA, IL (zip code 60948), compared to 10 the prior year.

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

The median listing price in LODA, IL 60948 is $249,900 as of January 2026, a 2% increase from $244,950 the prior year.

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

Homes in LODA, IL 60948 spend an average of 82 days on the market before going under contract, compared to 105 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 January 2026, LODA, IL 60948 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 82 days on market compared to 105 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 $4,998 compared to a typical 5% commission on the median listing price of $249,900. 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.