Is Sheridan, IL 60551 a buyer’s or seller’s market?
Sheridan is a seller’s market. With about 1.3 months of supply and 60% 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 supply1.3Under 4 months = seller’s market
Sold above original list60%Share of sales, last 3 months
Median sale-to-list103.7%Sold price ÷ list price
Median days on market55Listing to accepted offer
Median price per sq ft$187▲ +11.3% vs. last year
Run the numbers for 60551
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 →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology