Is Baileyville, IL 61007 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Baileyville is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Baileyville housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Ogle County, IL

Population	196
Average income	$68,554
Owner-occupied	87% of homes
Median year built	1938

Natural hazard riskTornadoes (relatively high), hail (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 61007; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 61007

Prefilled for 61007Can I win this house?Multiple-offer likelihood for a listing Prefilled for 61007Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Byron 61010Seller’s market $147 /sq ft Chana 61015Seller’s market $190 /sq ft Creston 60113 — /sq ft Davis Junction 61020Seller’s market $164 /sq ft Browse all markets →

Where Baileyville is

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Questions about Baileyville real estate

What are property taxes in Baileyville?

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

Local agents

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More tools for 61007

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Ogle County property taxes Ogle County loan limits Closing costs in Illinois Hottest ZIP codes in Illinois

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