Is Leland, IL 60531 a buyer’s or seller’s market?
Leland is a seller’s market. With about 1.4 months of supply and 14% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.4Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list98.7%Sold price ÷ list price
Median days on market57Listing to accepted offer
Median price per sq ft$173▼ −36.5% vs. last year
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Nearby markets
Cedar Point 61316Seller’s market $46 /sq ftDana 61321 — /sq ftEarlville 60518Seller’s market $162 /sq ftGrand Ridge 61325 — /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology