Call or Text (240) SELL-123

LENA, IL 61048

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

Market Analysis

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

The LENA, IL real estate market (61048) currently shows 7 active listings, with 5 pending sales. Homes are averaging 69 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 69 days on market compared to 16 days last year.

The median listing price has fallen 27.2% year-over-year, from $450,000 to $327,500.

Whether you are buying or selling in LENA, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for LENA, IL 61048 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 3,851  ·  Density: 18.2/mi²  ·  Median household income: $73,313

Typical home value: $158,288  ·  Homeownership: 84.4%

Market Overview

Active Listings
7
⇩ 22.2% vs 9 last year
Pending
5
71% pending ratio
Median Price
$327,500
⇩ 27.2% vs $450,000 last year
Average Price
$335,125
⇩ 11.8% vs $379,814 last year
Days on Market
69
⇧ 331.3% vs 16 days last year

Price Per Square Foot

Median $/sqft
$164
⇧ 8.6% vs $151/sqft last year
Median Home Size
2,369 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 9 last year
  • Days on market: 69 now vs 16 last year

Median & Average Pricing

Year over Year
  • Median: $327,500 (-27.2% YoY)
  • Average: $335,125 (-11.8% 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 22.5 miles — 189 listings ($54,399,442 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61048Lena, IL 610480.0 mi9$2,574,819$246,225$286,091
61062Pearl City, IL 610629.2 mi7$1,592,416$180,250$227,488
61087Warren, IL 6108710.4 mi2$347,400$173,700$173,700
61032Freeport, IL 6103211.3 mi83$15,611,968$157,500$188,096
61060Orangeville, IL 6106012.8 mi3$498,624$170,000$166,208
61001Apple River, IL 6100115.5 mi6$2,562,204$399,500$427,034
53541Gratiot, WI 5354116.1 mi3$2,989,899$720,000$996,633
53566Monroe, WI 5356618.2 mi31$10,662,357$272,250$343,947
61070Rock City, IL 6107018.7 mi1$320,000$320,000$320,000
61046Lanark, IL 6104619.5 mi20$8,770,340$382,000$438,517
53550Juda, WI 5355021.1 mi3$824,700$274,900$274,900
61019Davis, IL 6101922.1 mi19$7,312,815$304,900$384,885
61030Forreston, IL 6103022.5 mi2$331,900$165,950$165,950

Frequently Asked Questions

How many homes are for sale in LENA, IL 61048?

As of March 2026, there are 7 active listings in LENA, IL (zip code 61048), compared to 9 the prior year.

What is the median home price in LENA, IL 61048?

The median listing price in LENA, IL 61048 is $327,500 as of March 2026, a 27.2% decrease from $450,000 the prior year.

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

Homes in LENA, IL 61048 spend an average of 69 days on the market before going under contract, compared to 16 days the prior year.

Is it a seller's or buyer's market in LENA, IL 61048?

Based on current inventory and days-on-market data as of March 2026, LENA, IL 61048 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 69 days on market compared to 16 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LENA, IL 61048 save an estimated $6,550 compared to a typical 5% commission on the median listing price of $327,500. 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.