Is Apple River, IL 61001 a buyer’s or seller’s market?
Apple River is a seller’s market. With about 2 months of supply and 9% 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 Apple River housing market right now
In the three months ending August 31, 2026, 9% of homes in Apple River, IL 61001 sold above their list price, the typical home went under contract in 62 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (7% then), homes sold more slowly (14 days then) and the median sale price fell 13% to $288,875. Overall, Apple River is less competitive than a year ago, which gives buyers more room.
Within Jo Daviess County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 71%.
Nearby, buyers who want less competition could look at Scales Mound 61075 (0% sold over asking) or Elizabeth 61028 (0% sold over asking), while Hanover 61041 (33% sold over asking) and East Dubuque 61025 (18% sold over asking) are even more competitive.
Run the numbers for 61001
Nearby markets
East Dubuque 61025Seller’s market $126 /sq ftElizabeth 61028Buyer’s market $118 /sq ftGalena 61036Balanced $178 /sq ftHanover 61041Buyer’s market $112 /sq ft Browse all markets →Towns like Apple River nearby
Find towns like Apple River in other states →Where Apple River is
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Questions about Apple River real estate
Is Apple River a buyer’s or seller’s market?
A seller’s market: there were 2 months of supply in Apple River, IL 61001 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 Apple River?
The typical home went under contract in 62 days in the latest three months.
Do homes in Apple River sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.
What are property taxes in Apple River?
About 1.72% of a home’s value a year in Jo Daviess County, or roughly $6,880 on a $400,000 home.
What is the median home price in Apple River?
The median sale price was $288,875 in the three months ending August 31, 2026, about $182 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