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OGLESBY, IL 61348

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

Market Analysis

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

The OGLESBY, IL real estate market (61348) currently shows 10 active listings, with 4 pending sales. Homes are averaging 44 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 44 days on market compared to 20 days last year.

The median listing price has risen 31.5% year-over-year, from $144,500 to $190,000.

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
10
⇧ 233.3% vs 3 last year
Pending
4
40% pending ratio
Median Price
$190,000
⇧ 31.5% vs $144,500 last year
Average Price
$222,517
⇧ 62.1% vs $137,283 last year
Days on Market
44
⇧ 120% vs 20 days last year

Price Per Square Foot

Median $/sqft
$144
⇧ 51.6% vs $95/sqft last year
Median Home Size
1,334 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 3 last year
  • Days on market: 44 now vs 20 last year

Median & Average Pricing

Year over Year
  • Median: $190,000 (+31.5% YoY)
  • Average: $222,517 (+62.1% 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 — 184 listings ($51,344,900 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61348Oglesby, IL 613480.0 mi10$2,625,710$257,000$262,571
61370Tonica, IL 613705.0 mi2$397,900$198,950$198,950
61332Leonore, IL 613326.9 mi1$149,900$149,900$149,900
61373Utica, IL 613738.5 mi7$1,472,219$177,000$210,317
61326Granville, IL 613269.8 mi3$967,500$322,500$322,500
61350Ottawa, IL 6135011.0 mi72$31,249,008$376,200$434,014
61329Ladd, IL 6132911.1 mi3$838,500$279,500$279,500
61372Troy Grove, IL 6137213.0 mi1$208,000$208,000$208,000
61359Seatonville, IL 6135913.3 mi2$162,850$81,425$81,425
61364Streator, IL 6136414.3 mi65$9,881,885$140,000$152,029
61371Triumph, IL 6137115.1 mi1$245,000$245,000$245,000
61337Malden, IL 6133718.1 mi1$99,500$99,500$99,500
61341Marseilles, IL 6134118.3 mi16$3,046,928$155,000$190,433

Frequently Asked Questions

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

As of February 2026, there are 10 active listings in OGLESBY, IL (zip code 61348), compared to 3 the prior year.

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

The median listing price in OGLESBY, IL 61348 is $190,000 as of February 2026, a 31.5% increase from $144,500 the prior year.

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

Homes in OGLESBY, IL 61348 spend an average of 44 days on the market before going under contract, compared to 20 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 February 2026, OGLESBY, IL 61348 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 44 days on market compared to 20 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 $3,800 compared to a typical 5% commission on the median listing price of $190,000. 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.