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PAW PAW, IL 61353

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

Market Analysis

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

The PAW PAW, IL real estate market (61353) currently shows 3 active listings, with 2 pending sales. Homes are averaging 123 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 123 days on market compared to 116 days last year.

The median listing price has fallen 2.3% year-over-year, from $319,900 to $312,450.

Whether you are buying or selling in PAW PAW, 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: 1,238  ·  Density: 14.8/mi²  ·  Median household income: $57,639

Typical home value: $150,372  ·  Homeownership: 76.9%

Market Overview

Active Listings
3
⇩ 50% vs 6 last year
Pending
2
67% pending ratio
Median Price
$312,450
⇩ 2.3% vs $319,900 last year
Average Price
$329,100
⇧ 8.8% vs $302,450 last year
Days on Market
123
⇧ 6% vs 116 days last year

Price Per Square Foot

Median $/sqft
$176
⇧ 18.9% vs $148/sqft last year
Median Home Size
1,912 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 6 last year
  • Days on market: 123 now vs 116 last year

Median & Average Pricing

Year over Year
  • Median: $312,450 (-2.3% YoY)
  • Average: $329,100 (+8.8% 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 19.4 miles — 58 listings ($21,107,597 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61353Paw Paw, IL 613530.0 mi3$836,901$245,000$278,967
60530Lee, IL 605307.1 mi0$0$209,000$209,000
60550Shabbona, IL 605508.3 mi4$758,000$189,500$189,500
60553Steward, IL 605538.9 mi1$309,900$309,900$309,900
60531Leland, IL 6053112.2 mi4$915,600$228,900$228,900
61371Triumph, IL 6137113.7 mi1$245,000$245,000$245,000
60552Somonauk, IL 6055215.3 mi13$4,680,078$293,675$360,006
60113Creston, IL 6011316.3 mi1$498,000$498,000$498,000
61372Troy Grove, IL 6137216.6 mi1$208,000$208,000$208,000
61310Amboy, IL 6131018.1 mi6$1,177,752$183,750$196,292
60520Hinckley, IL 6052018.4 mi18$8,400,366$383,188$466,687
61031Franklin Grove, IL 6103119.0 mi3$2,268,624$723,725$756,208
60549Serena, IL 6054919.4 mi3$809,376$301,875$269,792

Frequently Asked Questions

How many homes are for sale in PAW PAW, IL 61353?

As of March 2026, there are 3 active listings in PAW PAW, IL (zip code 61353), compared to 6 the prior year.

What is the median home price in PAW PAW, IL 61353?

The median listing price in PAW PAW, IL 61353 is $312,450 as of March 2026, a 2.3% decrease from $319,900 the prior year.

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

Homes in PAW PAW, IL 61353 spend an average of 123 days on the market before going under contract, compared to 116 days the prior year.

Is it a seller's or buyer's market in PAW PAW, IL 61353?

Based on current inventory and days-on-market data as of March 2026, PAW PAW, IL 61353 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 123 days on market compared to 116 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PAW PAW, IL 61353 save an estimated $6,249 compared to a typical 5% commission on the median listing price of $312,450. 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.