ZIP 61331 housing market
Data through Jan 2026 · Balanced market · leverage 49
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Buyer Leverage Score
49
Dec 2023
Days on Market
183 days
Mar 2024
Price Cut %
0.0%
Jan 2024
Expected Disaster Loss
$123
Dec 2025
What this means
- Supply. There are 0% more homes for sale than the 2017-19 norm, so buyers have more to choose from than before the pandemic.
- Negotiating. Buyer leverage is moderate (49/100; U.S.: 54) (as of Dec 2023): 0% of listings had a price cut (U.S.: 26%) (as of Jan 2024).
- Disaster risk. FEMA expects about $123 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Lee County, IL
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Dixon, IL 61021 | $179.7K | +6.6% | 37 |
| Amboy, IL 61310 | $189.3K | +9.6% | 45 |
| Ashton, IL 61006 | $193.5K | +8.1% | 4 |
| Franklin Grove, IL 61031 | $204.9K | +14.5% | 21 |
| Paw Paw, IL 61353 | $237.5K | +5.0% | 53 |
| Lee, IL 60530 | $269K | +8.1% | 2 |
| Sublette, IL 61367 | $215K | +4.9% | 11 |
| Steward, IL 60553 | $289.4K | +9.3% | 9 |
| Compton, IL 61318 | $206.6K | +11.6% | 1 |
| West Brooklyn, IL 61378 | $294.1K | +9.5% | 45 |
| Harmon, IL 61042 | $214.6K | +6.3% | 33 |
| Eldena, IL 61324 | – | – | 14 |
| ZIP 61057 | – | – | 13 |