Is Pecatonica, IL 61063 a buyer’s or seller’s market?
Pecatonica is a seller’s market. With about 1.9 months of supply and 50% 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.
The Pecatonica housing market right now
In the three months ending August 31, 2026, 50% of homes in Pecatonica, IL 61063 sold above their list price, the typical home went under contract in 27 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 38%, homes sold about as fast and the median sale price rose 6% to $210,859. Overall, Pecatonica is more competitive than a year ago, so tougher for buyers.
Within Winnebago County, homes here sell more slowly than in 94% of the county’s ZIP codes, and sell more often over asking than in 50%.
Nearby, buyers who want less competition could look at Rockford 61104 (25% sold over asking) or Durand 61024 (29% sold over asking), while Rockford 61108 (63% sold over asking) and Machesney Park 61115 (63% sold over asking) are even more competitive.
Run the numbers for 61063
Nearby markets
Cherry Valley 61016Seller’s market $175 /sq ftDurand 61024Seller’s market $161 /sq ftLoves Park 61111Seller’s market $149 /sq ftMachesney Park 61115Seller’s market $151 /sq ft Browse all markets →Towns like Pecatonica nearby
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Questions about Pecatonica real estate
Is Pecatonica a buyer’s or seller’s market?
A seller’s market: there were 1.9 months of supply in Pecatonica, IL 61063 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 Pecatonica?
The typical home went under contract in 27 days in the latest three months.
Do homes in Pecatonica sell over asking?
50% 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 Pecatonica?
About 2.39% of a home’s value a year in Winnebago County, or roughly $9,560 on a $400,000 home.
What is the median home price in Pecatonica?
The median sale price was $210,859 in the three months ending August 31, 2026, about $158 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