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OGLESBY, IL 61348

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

Market Analysis

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

The OGLESBY, IL real estate market (61348) currently shows 13 active listings, with 6 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 52 days on market compared to 19 days last year.

The median listing price has risen 60.9% year-over-year, from $149,900 to $241,250.

Whether you are buying or selling in OGLESBY, 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: 4,501  ·  Density: 44.2/mi²  ·  Median household income: $66,522

Typical home value: $128,754  ·  Homeownership: 79.3%

Market Overview

Active Listings
13
⇧ 160% vs 5 last year
Pending
6
46% pending ratio
Median Price
$241,250
⇧ 60.9% vs $149,900 last year
Average Price
$252,549
⇧ 63% vs $154,967 last year
Days on Market
52
⇧ 173.7% vs 19 days last year

Price Per Square Foot

Median $/sqft
$173
⇧ 124.7% vs $77/sqft last year
Median Home Size
1,396 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 5 last year
  • Days on market: 52 now vs 19 last year

Median & Average Pricing

Year over Year
  • Median: $241,250 (+60.9% YoY)
  • Average: $252,549 (+63% 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 18.3 miles — 210 listings ($58,612,980 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61348Oglesby, IL 613480.0 mi10$2,225,170$190,000$222,517
61354Peru, IL 613546.5 mi17$3,950,052$187,725$232,356
61363Standard, IL 613637.8 mi0$0$69,900$69,900
61373Utica, IL 613738.5 mi9$1,897,767$177,000$210,863
61326Granville, IL 613269.8 mi3$869,751$253,750$289,917
61350Ottawa, IL 6135011.0 mi86$35,515,764$364,950$412,974
61329Ladd, IL 6132911.1 mi2$559,000$279,500$279,500
61325Grand Ridge, IL 6132512.2 mi1$141,900$141,900$141,900
61335McNabb, IL 6133513.1 mi1$259,900$259,900$259,900
61364Streator, IL 6136414.3 mi62$9,468,144$139,975$152,712
61371Triumph, IL 6137115.1 mi1$245,000$245,000$245,000
61337Malden, IL 6133718.1 mi2$504,500$252,250$252,250
61341Marseilles, IL 6134118.3 mi16$2,976,032$154,925$186,002

Frequently Asked Questions

How many homes are for sale in OGLESBY, IL 61348?

As of March 2026, there are 13 active listings in OGLESBY, IL (zip code 61348), compared to 5 the prior year.

What is the median home price in OGLESBY, IL 61348?

The median listing price in OGLESBY, IL 61348 is $241,250 as of March 2026, a 60.9% increase from $149,900 the prior year.

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

Homes in OGLESBY, IL 61348 spend an average of 52 days on the market before going under contract, compared to 19 days the prior year.

Is it a seller's or buyer's market in OGLESBY, IL 61348?

Based on current inventory and days-on-market data as of March 2026, OGLESBY, IL 61348 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 52 days on market compared to 19 days last year.

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

With SELL123.com's maximum 3% commission, sellers in OGLESBY, IL 61348 save an estimated $4,825 compared to a typical 5% commission on the median listing price of $241,250. 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.