Is Sublette, IL 61367 a buyer’s or seller’s market?
Sublette is a seller’s market. With about 3.2 months of supply and 0% 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 Sublette housing market right now
In the three months ending August 31, 2026, 0% of homes in Sublette, IL 61367 sold above their list price, the typical home went under contract in 346 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (53 days then) and the median sale price fell 25% to $133,942. Overall, Sublette is less competitive than a year ago, which gives buyers more room.
Within Lee County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Dixon 61021 (31% sold over asking) and Steward 60553 (20% sold over asking) are even more competitive.
Run the numbers for 61367
Nearby markets
Amboy 61310Seller’s market $113 /sq ftAshton 61006Seller’s market $107 /sq ftCompton 61318Seller’s market $220 /sq ftDixon 61021Seller’s market $126 /sq ft Browse all markets →Where Sublette is
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Questions about Sublette real estate
Is Sublette a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Sublette, IL 61367 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 Sublette?
The typical home went under contract in 346 days in the latest three months.
Do homes in Sublette sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.7% of the list price.
What are property taxes in Sublette?
About 1.97% of a home’s value a year in Lee County, or roughly $7,880 on a $400,000 home.
What is the median home price in Sublette?
The median sale price was $133,942 in the three months ending August 31, 2026, about $85 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