Call or Text (240) SELL-123

OREGON, IL 61061

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

Market Overview

Active Listings
17
⇧ 13.3% vs 15 last year
Pending
7
41% pending ratio
Median Price
$277,450
⇩ 0.9% vs $279,900 last year
Average Price
$302,236
⇧ 4% vs $290,720 last year
Days on Market
44
⇩ 68.3% vs 139 days last year

Market Context

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

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

Market Analysis

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

The OREGON, IL real estate market (61061) currently shows 17 active listings, with 7 pending sales. Homes are averaging 44 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 selling faster, averaging 44 days on market compared to 139 days last year.

The median listing price has fallen 0.9% year-over-year, from $279,900 to $277,450.

Whether you are buying or selling in OREGON, 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 OREGON, IL 61061 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 17 this year vs 15 last year
  • Days on market: 44 now vs 139 last year

Median & Average Pricing

Year over Year
  • Median: $277,450 (-0.9% YoY)
  • Average: $302,236 (+4% 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 21.7 miles — 168 listings ($49,530,647 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61061Oregon, IL 610610.0 mi17$5,138,012$277,450$302,236
61015Chana, IL 610157.1 mi1$349,900$349,900$349,900
61047Leaf River, IL 6104711.1 mi3$1,327,350$442,450$442,450
61031Franklin Grove, IL 6103111.5 mi3$3,262,500$1,087,500$1,087,500
61064Polo, IL 6106412.8 mi9$1,631,187$155,000$181,243
61021Dixon, IL 6102113.7 mi51$15,142,206$207,000$296,906
61020Davis Junction, IL 6102014.5 mi10$2,655,470$271,215$265,547
61039German Valley, IL 6103916.0 mi3$1,479,900$559,900$493,300
61007Baileyville, IL 6100719.0 mi2$469,800$234,900$234,900
61088Winnebago, IL 6108819.2 mi15$4,726,470$287,000$315,098
61109Rockford, IL 6110919.8 mi38$7,738,092$195,000$203,634
61310Amboy, IL 6131020.8 mi6$1,220,160$205,000$203,360
61063Pecatonica, IL 6106321.7 mi10$4,389,600$360,000$438,960

Frequently Asked Questions

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

As of January 2026, there are 17 active listings in OREGON, IL (zip code 61061), compared to 15 the prior year.

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

The median listing price in OREGON, IL 61061 is $277,450 as of January 2026, a 0.9% decrease from $279,900 the prior year.

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

Homes in OREGON, IL 61061 spend an average of 44 days on the market before going under contract, compared to 139 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 January 2026, OREGON, IL 61061 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 44 days on market compared to 139 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 $5,549 compared to a typical 5% commission on the median listing price of $277,450. 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.