Is Dixon, IL 61021 a buyer’s or seller’s market?
Dixon is a seller’s market. With about 2.7 months of supply and 31% 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.
More competitive than 60% of U.S. ZIP codes, and #315 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Dixon housing market right now
In the three months ending August 31, 2026, 31% of homes in Dixon, IL 61021 sold above their list price, the typical home went under contract in 38 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 83 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold about as fast and the median sale price fell 2% to $181,921. Overall, Dixon is about as competitive as it was a year ago.
Within Lee County, homes here sell faster than in 86% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Dixon ranks #315 of 464 IL ZIP codes with enough sales (score 58 out of 100).
Nearby, buyers who want less competition could look at Sublette 61367 (0% sold over asking) or Paw Paw 61353 (0% sold over asking).
Run the numbers for 61021
Nearby markets
Amboy 61310Seller’s market $113 /sq ftAshton 61006Seller’s market $107 /sq ftCompton 61318Seller’s market $220 /sq ftEldena 61324 — /sq ft Browse all markets →Towns like Dixon nearby
Find towns like Dixon in other states →Where Dixon is
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Questions about Dixon real estate
Is Dixon a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Dixon, IL 61021 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 Dixon?
The typical home went under contract in 38 days in the latest three months.
Do homes in Dixon sell over asking?
31% 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 Dixon?
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 Dixon?
The median sale price was $181,921 in the three months ending August 31, 2026, about $126 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