Is Serena, IL 60549 a buyer’s or seller’s market?

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

Serena 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-list88.9%Sold price ÷ list price
Median days on market228Listing to accepted offer
Median price per sq ft$107▼ −42.4% vs. last year

The Serena housing market right now

In the three months ending August 31, 2026, 0% of homes in Serena, IL 60549 sold above their list price, the typical home went under contract in 228 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 2 sales, 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 (88 days then) and the median sale price fell 43% to $222,404. Overall, Serena is less competitive than a year ago, which gives buyers more room.

Within LaSalle County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Millington 60537 (100% sold over asking) and Sheridan 60551 (60% sold over asking) are even more competitive.

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 →

Where Serena is

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Questions about Serena real estate

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

A seller’s market: there were 3.2 months of supply in Serena, IL 60549 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 Serena?

The typical home went under contract in 228 days in the latest three months.

Do homes in Serena sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 88.9% of the list price.

What are property taxes in Serena?

About 2.11% of a home’s value a year in LaSalle County, or roughly $8,440 on a $400,000 home.

What is the median home price in Serena?

The median sale price was $222,404 in the three months ending August 31, 2026, about $107 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