Is Steward, IL 60553 a buyer’s or seller’s market?
Steward is a seller’s market. With about 0.6 months of supply and 20% 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.
The Steward housing market right now
In the three months ending August 31, 2026, 20% of homes in Steward, IL 60553 sold above their list price, the typical home went under contract in 58 days and there were 0.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Within Lee County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell more often over asking than in 71%.
Nearby, buyers who want less competition could look at Sublette 61367 (0% sold over asking) or Paw Paw 61353 (0% sold over asking), while Dixon 61021 (31% sold over asking) is even more competitive.
Run the numbers for 60553
Nearby markets
Amboy 61310Seller’s market $113 /sq ftAshton 61006Seller’s market $107 /sq ftCompton 61318Seller’s market $220 /sq ftDixon 61021Seller’s market $126 /sq ft Browse all markets →Where Steward is
Loading map…
Questions about Steward real estate
Is Steward a buyer’s or seller’s market?
A seller’s market: there were 0.6 months of supply in Steward, IL 60553 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 Steward?
The typical home went under contract in 58 days in the latest three months.
Do homes in Steward sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.
What are property taxes in Steward?
About 1.97% of a home’s value a year in Lee County, or roughly $7,880 on a $400,000 home.
What is the median home price in Steward?
The median sale price was $239,896 in the three months ending August 31, 2026, about $167 per square foot.
Local agents
See all agents in 60553 →No sponsored agents in 60553 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 60553
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology