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GARDEN PRAIRIE, IL 61038

Real Estate Market Report  ·  Boone County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
4
⇧ 100% vs 2 last year
Pending
2
50% pending ratio
Median Price
$320,000
⇩ 27.2% vs $439,567 last year
Average Price
$320,000
⇩ 26.8% vs $437,067 last year
Days on Market
123
⇧ 95.2% vs 63 days last year

Market Context

Population: 1,233  ·  Density: 11.1/mi²  ·  Median household income: $94,267

Typical home value: $219,524  ·  Homeownership: 95.6%

Market Analysis

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

The GARDEN PRAIRIE, IL real estate market (61038) currently shows 4 active listings, with 2 pending sales. Homes are averaging 123 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 123 days on market compared to 63 days last year.

The median listing price has fallen 27.2% year-over-year, from $439,567 to $320,000.

Whether you are buying or selling in GARDEN PRAIRIE, 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: 4 this year vs 2 last year
  • Days on market: 123 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $320,000 (-27.2% YoY)
  • Average: $320,000 (-26.8% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.6 miles — 445 listings ($213,786,868 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61038Garden Prairie, IL 610380.0 mi4$1,280,000$320,000$320,000
60152Marengo, IL 601525.9 mi31$18,596,342$380,000$599,882
60135Genoa, IL 6013510.8 mi20$6,583,180$364,900$329,159
60180Union, IL 6018011.4 mi5$2,299,600$450,000$459,920
60145Kingston, IL 6014511.9 mi1$424,000$424,000$424,000
60033Harvard, IL 6003312.8 mi27$22,375,062$324,000$828,706
60146Kirkland, IL 6014613.4 mi7$2,484,300$319,900$354,900
61107Rockford, IL 6110713.8 mi63$23,234,211$240,000$368,797
60098Woodstock, IL 6009814.9 mi85$59,671,105$415,000$702,013
61115Machesney Park, IL 6111516.5 mi48$11,101,824$234,950$231,288
61052Monroe Center, IL 6105217.1 mi3$1,467,000$489,000$489,000
60140Hampshire, IL 6014017.2 mi120$59,369,640$409,999$494,747
61104Rockford, IL 6110417.6 mi31$4,900,604$145,500$158,084

Frequently Asked Questions

How many homes are for sale in GARDEN PRAIRIE, IL 61038?

As of January 2026, there are 4 active listings in GARDEN PRAIRIE, IL (zip code 61038), compared to 2 the prior year.

What is the median home price in GARDEN PRAIRIE, IL 61038?

The median listing price in GARDEN PRAIRIE, IL 61038 is $320,000 as of January 2026, a 27.2% decrease from $439,567 the prior year.

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

Homes in GARDEN PRAIRIE, IL 61038 spend an average of 123 days on the market before going under contract, compared to 63 days the prior year.

Is it a seller's or buyer's market in GARDEN PRAIRIE, IL 61038?

Based on current inventory and days-on-market data as of January 2026, GARDEN PRAIRIE, IL 61038 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 123 days on market compared to 63 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GARDEN PRAIRIE, IL 61038 save an estimated $6,400 compared to a typical 5% commission on the median listing price of $320,000. 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.