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WELLINGTON, IL 60973

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

Market Analysis

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

The WELLINGTON, IL real estate market (60973) currently shows 2 active listings, with 1 pending sales. Homes are averaging 146 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 146 days on market compared to 125 days last year.

The median listing price has fallen 61% year-over-year, from $129,900 to $50,675.

Whether you are buying or selling in WELLINGTON, 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 Context

Market Context

Population: 406  ·  Density: 5.5/mi²  ·  Median household income: $67,917

Typical home value: $0  ·  Homeownership: 75.2%

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
1
50% pending ratio
Median Price
$50,675
⇩ 61% vs $129,900 last year
Average Price
$50,675
⇩ 52.7% vs $107,133 last year
Days on Market
146
⇧ 16.8% vs 125 days last year

Price Per Square Foot

Median $/sqft
$24
⇩ 64.7% vs $68/sqft last year
Median Home Size
2,433 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 3 last year
  • Days on market: 146 now vs 125 last year

Median & Average Pricing

Year over Year
  • Median: $50,675 (-61% YoY)
  • Average: $50,675 (-52.7% 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
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 23.5 miles — 109 listings ($19,960,712 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60973Wellington, IL 609730.0 mi3$184,350$61,450$61,450
60953Milford, IL 609536.5 mi10$1,239,000$109,900$123,900
60924Cissna Park, IL 6092411.7 mi6$1,166,700$190,950$194,450
60960Rankin, IL 6096013.8 mi4$304,600$76,150$76,150
60966Sheldon, IL 6096615.4 mi6$1,156,560$69,900$192,760
60928Crescent City, IL 6092817.5 mi4$1,019,600$254,900$254,900
60970Watseka, IL 6097018.1 mi44$7,299,952$137,450$165,908
60918Buckley, IL 6091819.7 mi4$828,268$176,200$207,067
47993Williamsport, IN 4799320.3 mi7$1,662,346$238,725$237,478
47991West Lebanon, IN 4799121.0 mi2$448,634$199,500$224,317
60948Loda, IL 6094821.8 mi8$2,140,632$253,550$267,579
47975Pine Village, IN 4797522.4 mi1$314,900$314,900$314,900
60938Gilman, IL 6093823.5 mi10$2,195,170$217,400$219,517

Frequently Asked Questions

How many homes are for sale in WELLINGTON, IL 60973?

As of March 2026, there are 2 active listings in WELLINGTON, IL (zip code 60973), compared to 3 the prior year.

What is the median home price in WELLINGTON, IL 60973?

The median listing price in WELLINGTON, IL 60973 is $50,675 as of March 2026, a 61% decrease from $129,900 the prior year.

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

Homes in WELLINGTON, IL 60973 spend an average of 146 days on the market before going under contract, compared to 125 days the prior year.

Is it a seller's or buyer's market in WELLINGTON, IL 60973?

Based on current inventory and days-on-market data as of March 2026, WELLINGTON, IL 60973 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 146 days on market compared to 125 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WELLINGTON, IL 60973 save an estimated $1,014 compared to a typical 5% commission on the median listing price of $50,675. 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.