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OREGON, IL 61061

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The OREGON, IL real estate market (61061) currently shows 26 active listings, with 14 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 34 days on market compared to 40 days last year.

The median listing price has fallen 10.3% year-over-year, from $300,925 to $269,900.

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Market Context

Market Context

Population: 6,880  ·  Density: 25.2/mi²  ·  Median household income: $83,343

Typical home value: $188,693  ·  Homeownership: 75.7%

Market Overview

Active Listings
26
⇧ 23.8% vs 21 last year
Pending
14
54% pending ratio
Median Price
$269,900
⇩ 10.3% vs $300,925 last year
Average Price
$270,311
⇩ 26.6% vs $368,388 last year
Days on Market
34
⇩ 15% vs 40 days last year

Price Per Square Foot

Median $/sqft
$137
⇩ 4.2% vs $143/sqft last year
Median Home Size
1,543 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 26 this year vs 21 last year
  • Days on market: 34 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $269,900 (-10.3% YoY)
  • Average: $270,311 (-26.6% 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 21.8 miles — 122 listings ($34,608,118 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61061Oregon, IL 610610.0 mi15$5,163,570$333,675$344,238
61010Byron, IL 6101010.2 mi17$5,010,291$324,953$294,723
61084Stillman Valley, IL 6108411.3 mi7$4,042,556$602,500$577,508
61006Ashton, IL 6100611.6 mi4$860,332$204,750$215,083
61043Holcomb, IL 6104312.9 mi2$399,800$199,900$199,900
61068Rochelle, IL 6106814.4 mi32$9,783,904$294,450$305,747
61030Forreston, IL 6103015.2 mi2$331,900$165,950$165,950
61102Rockford, IL 6110218.5 mi30$5,929,290$144,375$197,643
61052Monroe Center, IL 6105219.0 mi2$923,500$461,750$461,750
60113Creston, IL 6011319.8 mi1$498,000$498,000$498,000
60553Steward, IL 6055320.0 mi1$309,900$309,900$309,900
61378West Brooklyn, IL 6137821.0 mi2$377,000$188,500$188,500
61051Milledgeville, IL 6105121.8 mi7$978,075$114,975$139,725

Frequently Asked Questions

How many homes are for sale in OREGON, IL 61061?

As of September 2026, there are 26 active listings in OREGON, IL (zip code 61061), compared to 21 the prior year.

What is the median home price in OREGON, IL 61061?

The median listing price in OREGON, IL 61061 is $269,900 as of September 2026, a 10.3% decrease from $300,925 the prior year.

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

Homes in OREGON, IL 61061 spend an average of 34 days on the market before going under contract, compared to 40 days the prior year.

Is it a seller's or buyer's market in OREGON, IL 61061?

Based on current inventory and days-on-market data as of September 2026, OREGON, IL 61061 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 34 days on market compared to 40 days last year.

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

With SELL123.com's maximum 3% commission, sellers in OREGON, IL 61061 save an estimated $5,398 compared to a typical 5% commission on the median listing price of $269,900. 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.