Is La Rose, IL 61541 a buyer’s or seller’s market?
La Rose is a seller’s market. With about 1.6 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 La Rose housing market right now
In the three months ending August 31, 2026, 0% of homes in La Rose, IL 61541 sold above their list price, the typical home went under contract in 74 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, 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 (63 days then) and the median sale price fell 48% to $59,474. Overall, La Rose is less competitive than a year ago, which gives buyers more room.
Within Marshall County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Speer 61479 (100% sold over asking) and Toluca 61369 (17% sold over asking) are even more competitive.
Run the numbers for 61541
Nearby markets
Henry 61537Seller’s market $81 /sq ftLacon 61540Seller’s market $87 /sq ftSparland 61565Seller’s market $101 /sq ftSpeer 61479 $83 /sq ft Browse all markets →Where La Rose is
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Questions about La Rose real estate
Is La Rose a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in La Rose, IL 61541 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 Rose?
The typical home went under contract in 74 days in the latest three months.
Do homes in La Rose sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.9% of the list price.
What are property taxes in La Rose?
About 1.94% of a home’s value a year in Marshall County, or roughly $7,760 on a $400,000 home.
What is the median home price in La Rose?
The median sale price was $59,474 in the three months ending August 31, 2026, about $49 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