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LOVES PARK, IL 61111

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The LOVES PARK, IL real estate market (61111) currently shows 60 active listings, with 36 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 28 days on market compared to 15 days last year.

The median listing price has fallen 24.4% year-over-year, from $279,000 to $211,000.

Whether you are buying or selling in LOVES PARK, 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: 22,756  ·  Density: 617.5/mi²  ·  Median household income: $56,276

Typical home value: $137,819  ·  Homeownership: 63.0%

Market Overview

Active Listings
60
⇧ 36.4% vs 44 last year
Pending
36
60% pending ratio
Median Price
$211,000
⇩ 24.4% vs $279,000 last year
Average Price
$243,026
⇩ 12.6% vs $278,032 last year
Days on Market
28
⇧ 86.7% vs 15 days last year

Price Per Square Foot

Median $/sqft
$152
⇧ 1.3% vs $150/sqft last year
Median Home Size
1,570 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 60 this year vs 44 last year
  • Days on market: 28 now vs 15 last year

Median & Average Pricing

Year over Year
  • Median: $211,000 (-24.4% YoY)
  • Average: $243,026 (-12.6% 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 16.3 miles — 313 listings ($78,183,384 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61111Loves Park, IL 611110.0 mi55$14,195,555$227,499$258,101
61115Machesney Park, IL 611152.3 mi41$9,375,511$240,000$228,671
61103Rockford, IL 611034.1 mi47$11,102,105$159,975$236,215
61011Caledonia, IL 610116.0 mi9$5,687,028$546,232$631,892
61104Rockford, IL 611046.9 mi24$3,254,712$125,000$135,613
61016Cherry Valley, IL 6101610.0 mi14$4,411,456$318,725$315,104
61109Rockford, IL 6110910.2 mi44$9,192,392$196,225$208,918
61072Rockton, IL 6107210.4 mi19$5,831,024$272,450$306,896
61102Rockford, IL 6110210.7 mi30$5,929,290$144,375$197,643
61088Winnebago, IL 6108813.6 mi15$4,664,505$263,700$310,967
61038Garden Prairie, IL 6103814.6 mi2$637,000$318,500$318,500
61052Monroe Center, IL 6105215.5 mi2$923,500$461,750$461,750
61020Davis Junction, IL 6102016.3 mi11$2,979,306$285,224$270,846

Frequently Asked Questions

How many homes are for sale in LOVES PARK, IL 61111?

As of March 2026, there are 60 active listings in LOVES PARK, IL (zip code 61111), compared to 44 the prior year.

What is the median home price in LOVES PARK, IL 61111?

The median listing price in LOVES PARK, IL 61111 is $211,000 as of March 2026, a 24.4% decrease from $279,000 the prior year.

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

Homes in LOVES PARK, IL 61111 spend an average of 28 days on the market before going under contract, compared to 15 days the prior year.

Is it a seller's or buyer's market in LOVES PARK, IL 61111?

Based on current inventory and days-on-market data as of March 2026, LOVES PARK, IL 61111 is currently a Buyer's Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 28 days on market compared to 15 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LOVES PARK, IL 61111 save an estimated $4,220 compared to a typical 5% commission on the median listing price of $211,000. 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.