Is Winnebago, IL 61088 a buyer’s or seller’s market?

The Winnebago housing market right now

In the three months ending August 31, 2026, 40% of homes in Winnebago, IL 61088 sold above their list price, the typical home went under contract in 7 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold about as fast and the median sale price rose 38% to $349,849. Overall, Winnebago is more competitive than a year ago, so tougher for buyers.

Within Winnebago County, homes here sell faster than in 69% of the county’s ZIP codes, and sell less often over asking than in 81%. On our competition score, Winnebago ranks #114 of 464 IL ZIP codes with enough sales (score 77 out of 100).

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.