Is La Salle, IL 61301 a buyer’s or seller’s market?
La Salle is a seller’s market. With about 3.4 months of supply and 31% 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.
More competitive than 50% of U.S. ZIP codes, and #373 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The La Salle housing market right now
In the three months ending August 31, 2026, 31% of homes in La Salle, IL 61301 sold above their list price, the typical home went under contract in 38 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 30 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (32% then), homes sold faster (45 days then) and the median sale price rose 4% to $137,041. Overall, La Salle is about as competitive as it was a year ago.
Within LaSalle County, homes here sell faster than in 94% of the county’s ZIP codes, and sell more often over asking than in 82%. On our competition score, La Salle ranks #373 of 464 IL ZIP codes with enough sales (score 49 out of 100).
Nearby, buyers who want less competition could look at Wenona 61377 (0% sold over asking) or Utica 61373 (0% sold over asking), while Millington 60537 (100% sold over asking) and Sheridan 60551 (60% sold over asking) are even more competitive.
Run the numbers for 61301
Nearby markets
Cedar Point 61316Seller’s market $46 /sq ftDana 61321 — /sq ftEarlville 60518Seller’s market $162 /sq ftGrand Ridge 61325 — /sq ft Browse all markets →Towns like La Salle nearby
Find towns like La Salle in other states →Where La Salle is
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Questions about La Salle real estate
Is La Salle a buyer’s or seller’s market?
A seller’s market: there were 3.4 months of supply in La Salle, IL 61301 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 La Salle?
The typical home went under contract in 38 days in the latest three months.
Do homes in La Salle sell over asking?
31% of homes sold above their original list price, and the typical sale closed at 97.0% of the list price.
What are property taxes in La Salle?
About 2.11% of a home’s value a year in LaSalle County, or roughly $8,440 on a $400,000 home.
What is the median home price in La Salle?
The median sale price was $137,041 in the three months ending August 31, 2026, about $104 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