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ELIZABETH, IL 61028

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

Market Analysis

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

The ELIZABETH, IL real estate market (61028) currently shows 13 active listings, with 3 pending sales. Homes are averaging 93 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 93 days on market compared to 69 days last year.

The median listing price has risen 361.8% year-over-year, from $184,500 to $851,975.

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Market Context

Market Context

Population: 1,639  ·  Density: 5.6/mi²  ·  Median household income: $70,703

Typical home value: $158,768  ·  Homeownership: 84.0%

Market Overview

Active Listings
13
⇧ 8.3% vs 12 last year
Pending
3
23% pending ratio
Median Price
$851,975
⇧ 361.8% vs $184,500 last year
Average Price
$865,573
⇧ 30.8% vs $661,822 last year
Days on Market
93
⇧ 34.8% vs 69 days last year

Price Per Square Foot

Median $/sqft
$213
⇧ 42% vs $150/sqft last year
Median Home Size
3,106 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 12 last year
  • Days on market: 93 now vs 69 last year

Median & Average Pricing

Year over Year
  • Median: $851,975 (+361.8% YoY)
  • Average: $865,573 (+30.8% 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 24.1 miles — 159 listings ($63,151,835 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61028Elizabeth, IL 610280.0 mi5$1,088,165$254,900$217,633
61041Hanover, IL 610417.9 mi5$4,087,390$651,750$817,478
61001Apple River, IL 6100111.8 mi6$2,562,204$399,500$427,034
61036Galena, IL 6103614.5 mi96$39,633,120$312,225$412,845
61053Mount Carroll, IL 6105315.6 mi5$1,137,250$227,450$227,450
52064Miles, IA 5206415.8 mi1$144,900$144,900$144,900
61062Pearl City, IL 6106217.0 mi7$1,592,416$180,250$227,488
52771Teeds Grove, IA 5277119.5 mi1$18,000$18,000$18,000
52074Spragueville, IA 5207420.1 mi1$289,000$289,000$289,000
53803Benton, WI 5380320.6 mi5$1,649,500$329,900$329,900
61089Winslow, IL 6108921.6 mi1$206,150$206,150$206,150
61046Lanark, IL 6104622.5 mi20$8,770,340$382,000$438,517
61078Shannon, IL 6107824.1 mi6$1,973,400$345,000$328,900

Frequently Asked Questions

How many homes are for sale in ELIZABETH, IL 61028?

As of September 2026, there are 13 active listings in ELIZABETH, IL (zip code 61028), compared to 12 the prior year.

What is the median home price in ELIZABETH, IL 61028?

The median listing price in ELIZABETH, IL 61028 is $851,975 as of September 2026, a 361.8% increase from $184,500 the prior year.

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

Homes in ELIZABETH, IL 61028 spend an average of 93 days on the market before going under contract, compared to 69 days the prior year.

Is it a seller's or buyer's market in ELIZABETH, IL 61028?

Based on current inventory and days-on-market data as of September 2026, ELIZABETH, IL 61028 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 93 days on market compared to 69 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ELIZABETH, IL 61028 save an estimated $17,040 compared to a typical 5% commission on the median listing price of $851,975. 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.