Is Durand, IL 61024 a buyer’s or seller’s market?

The Durand housing market right now

In the three months ending August 31, 2026, 29% of homes in Durand, IL 61024 sold above their list price, the typical home went under contract in 42 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (13 days then) and the median sale price rose 2% to $258,888. Overall, Durand is less competitive than a year ago, which gives buyers more room.

Within Winnebago County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 94%.

Nearby, buyers who want less competition could look at Rockford 61104 (25% sold over asking), while Rockford 61108 (63% sold over asking) and Machesney Park 61115 (63% sold over asking) are even more competitive.