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LEAF RIVER, IL 61047

Real Estate Market Report  ·  Ogle County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The LEAF RIVER, IL real estate market (61047) currently shows 4 active listings, with 2 pending sales. Homes are averaging 85 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 85 days on market compared to 27 days last year.

The median listing price has risen 7.9% year-over-year, from $150,625 to $162,475.

Whether you are buying or selling in LEAF RIVER, 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: 1,626  ·  Density: 9.5/mi²  ·  Median household income: $78,250

Typical home value: $172,636  ·  Homeownership: 86.8%

Market Overview

Active Listings
4
⇩ 20% vs 5 last year
Pending
2
50% pending ratio
Median Price
$162,475
⇧ 7.9% vs $150,625 last year
Average Price
$169,988
⇧ 12.9% vs $150,625 last year
Days on Market
85
⇧ 214.8% vs 27 days last year

Price Per Square Foot

Median $/sqft
$103
⇧ 33.8% vs $77/sqft last year
Median Home Size
1,574 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 5 last year
  • Days on market: 85 now vs 27 last year

Median & Average Pricing

Year over Year
  • Median: $162,475 (+7.9% YoY)
  • Average: $169,988 (+12.9% 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 20.3 miles — 145 listings ($42,578,003 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61047Leaf River, IL 610470.0 mi4$1,425,952$238,225$356,488
61010Byron, IL 610106.7 mi17$5,010,291$324,953$294,723
61030Forreston, IL 6103010.2 mi2$331,900$165,950$165,950
61088Winnebago, IL 6108810.8 mi15$4,664,505$263,700$310,967
61061Oregon, IL 6106111.1 mi15$5,163,570$333,675$344,238
61063Pecatonica, IL 6106311.3 mi6$2,648,880$357,500$441,480
61064Polo, IL 6106415.0 mi11$1,801,998$162,500$163,818
61043Holcomb, IL 6104316.1 mi2$399,800$199,900$199,900
61078Shannon, IL 6107817.2 mi6$1,973,400$345,000$328,900
61109Rockford, IL 6110917.7 mi44$9,192,392$196,225$208,918
61070Rock City, IL 6107018.6 mi1$320,000$320,000$320,000
61019Davis, IL 6101919.9 mi19$7,312,815$304,900$384,885
61024Durand, IL 6102420.3 mi3$2,332,500$777,500$777,500

Frequently Asked Questions

How many homes are for sale in LEAF RIVER, IL 61047?

As of April 2026, there are 4 active listings in LEAF RIVER, IL (zip code 61047), compared to 5 the prior year.

What is the median home price in LEAF RIVER, IL 61047?

The median listing price in LEAF RIVER, IL 61047 is $162,475 as of April 2026, a 7.9% increase from $150,625 the prior year.

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

Homes in LEAF RIVER, IL 61047 spend an average of 85 days on the market before going under contract, compared to 27 days the prior year.

Is it a seller's or buyer's market in LEAF RIVER, IL 61047?

Based on current inventory and days-on-market data as of April 2026, LEAF RIVER, IL 61047 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 85 days on market compared to 27 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LEAF RIVER, IL 61047 save an estimated $3,250 compared to a typical 5% commission on the median listing price of $162,475. 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.