Is Onarga, IL 60955 a buyer’s or seller’s market?
Onarga is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Onarga housing market right now
In the three months ending August 31, 2026, 0% of homes in Onarga, IL 60955 sold above their list price, the typical home went under contract in 60 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 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 faster (243 days then) and the median sale price fell 12% to $114,950. Overall, Onarga is more competitive than a year ago, so tougher for buyers.
Within Iroquois County, homes here sell faster than in 54% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Buckley 60918 (50% sold over asking) and Milford 60953 (50% sold over asking) are even more competitive.
Run the numbers for 60955
Nearby markets
Ashkum 60911Seller’s market $91 /sq ftBeaverville 60912 — /sq ftBuckley 60918Buyer’s market $78 /sq ftCissna Park 60924Balanced $94 /sq ft Browse all markets →Towns like Onarga nearby
Find towns like Onarga in other states →Where Onarga is
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Questions about Onarga real estate
Is Onarga a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Onarga, IL 60955 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 Onarga?
The typical home went under contract in 60 days in the latest three months.
Do homes in Onarga sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.0% of the list price.
What are property taxes in Onarga?
About 1.82% of a home’s value a year in Iroquois County, or roughly $7,280 on a $400,000 home.
What is the median home price in Onarga?
The median sale price was $114,950 in the three months ending August 31, 2026, about $43 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