Is Mount Carroll, IL 61053 a buyer’s or seller’s market?
Mount Carroll is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Mount Carroll housing market right now
In the three months ending August 31, 2026, 17% of homes in Mount Carroll, IL 61053 sold above their list price, the typical home went under contract in 35 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold faster (102 days then) and the median sale price fell 39% to $166,428. Overall, Mount Carroll is more competitive than a year ago, so tougher for buyers.
Within Carroll County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in 67%.
Nearby, buyers who want less competition could look at Thomson 61285 (0% sold over asking) or Lanark 61046 (0% sold over asking), while Chadwick 61014 (100% sold over asking) and Milledgeville 61051 (50% sold over asking) are even more competitive.
Run the numbers for 61053
Nearby markets
Chadwick 61014Buyer’s market $70 /sq ftLanark 61046Seller’s market $141 /sq ftMilledgeville 61051Balanced $89 /sq ftSavanna 61074Balanced $84 /sq ft Browse all markets →Towns like Mount Carroll nearby
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Questions about Mount Carroll real estate
Is Mount Carroll a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Mount Carroll, IL 61053 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 Mount Carroll?
The typical home went under contract in 35 days in the latest three months.
Do homes in Mount Carroll sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 94.6% of the list price.
What are property taxes in Mount Carroll?
About 1.99% of a home’s value a year in Carroll County, or roughly $7,960 on a $400,000 home.
What is the median home price in Mount Carroll?
The median sale price was $166,428 in the three months ending August 31, 2026, about $82 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