Is Rochelle, IL 61068 a buyer’s or seller’s market?

The Rochelle housing market right now

In the three months ending August 31, 2026, 24% of homes in Rochelle, IL 61068 sold above their list price, the typical home went under contract in 59 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 35 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (36 days then) and the median sale price fell 1% to $212,658. Overall, Rochelle is less competitive than a year ago, which gives buyers more room.

Within Ogle County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Rochelle ranks #416 of 464 IL ZIP codes with enough sales (score 41 out of 100).

Nearby, buyers who want less competition could look at Lindenwood 61049 (0% sold over asking) or Esmond 60129 (0% sold over asking), while Mount Morris 61054 (55% sold over asking) and Byron 61010 (47% sold over asking) are even more competitive.