Is Lindenwood, IL 61049 a buyer’s or seller’s market?
Lindenwood 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.
The Lindenwood housing market right now
In the three months ending August 31, 2026, 0% of homes in Lindenwood, IL 61049 sold above their list price and the typical home went under contract in 34 days. With only 1 sale, 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 faster (37 days then) and the median sale price fell 46% to $124,946. Overall, Lindenwood is less competitive than a year ago, which gives buyers more room.
Within Ogle County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Mount Morris 61054 (55% sold over asking) and Byron 61010 (47% sold over asking) are even more competitive.
Run the numbers for 61049
Nearby markets
Baileyville 61007 — /sq ftByron 61010Seller’s market $147 /sq ftChana 61015Seller’s market $190 /sq ftCreston 60113 — /sq ft Browse all markets →Where Lindenwood is
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Questions about Lindenwood real estate
How fast do homes sell in Lindenwood?
The typical home went under contract in 34 days in the latest three months.
Do homes in Lindenwood sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Lindenwood?
About 2.06% of a home’s value a year in Ogle County, or roughly $8,240 on a $400,000 home.
What is the median home price in Lindenwood?
The median sale price was $124,946 in the three months ending August 31, 2026, about $111 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