Is Esmond, IL 60129 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Esmond is a seller’s market. With about 3.2 months of supply and 0% 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 supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.1%Sold price ÷ list price
Median days on market112Listing to accepted offer
Median price per sq ft$175

The Esmond housing market right now

In the three months ending August 31, 2026, 0% of homes in Esmond, IL 60129 sold above their list price, the typical home went under contract in 112 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (21 days then) and the median sale price fell 33% to $312,865. Overall, Esmond is less competitive than a year ago, which gives buyers more room.

Within Ogle County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Mount Morris 61054 (55% sold over asking) and Byron 61010 (47% sold over asking) are even more competitive.

Nearby markets

Baileyville 61007 — /sq ftByron 61010Seller’s market $147 /sq ftChana 61015Seller’s market $190 /sq ftCreston 60113 — /sq ft Browse all markets →

Where Esmond is

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Questions about Esmond real estate

Is Esmond a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Esmond, IL 60129 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Esmond?

The typical home went under contract in 112 days in the latest three months.

Do homes in Esmond sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.

What are property taxes in Esmond?

About 2.06% of a home’s value a year in Ogle County, or roughly $8,240 on a $400,000 home.

What is the median home price in Esmond?

The median sale price was $312,865 in the three months ending August 31, 2026, about $175 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology