Is Pontiac, IL 61764 a buyer’s or seller’s market?
Pontiac is a seller’s market. With about 2.1 months of supply and 27% 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 65% of U.S. ZIP codes, and #274 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 Pontiac housing market right now
In the three months ending August 31, 2026, 27% of homes in Pontiac, IL 61764 sold above their list price, the typical home went under contract in 37 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 52 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold faster (42 days then) and the median sale price rose 17% to $168,927. Overall, Pontiac is more competitive than a year ago, so tougher for buyers.
Within Livingston County, homes here sell faster than in 73% of the county’s ZIP codes, and sell more often over asking than in 82%. On our competition score, Pontiac ranks #274 of 464 IL ZIP codes with enough sales (score 63 out of 100).
Nearby, buyers who want less competition could look at Strawn 61775 (0% sold over asking) or Saunemin 61769 (0% sold over asking), while Dwight 60420 (33% sold over asking) and Cornell 61319 (33% sold over asking) are even more competitive.
Run the numbers for 61764
Nearby markets
Ancona 61311 — /sq ftBlackstone 61313 — /sq ftChatsworth 60921Buyer’s market $83 /sq ftCornell 61319Balanced $114 /sq ft Browse all markets →Towns like Pontiac nearby
Find towns like Pontiac in other states →Where Pontiac is
Loading map…
Questions about Pontiac real estate
Is Pontiac a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Pontiac, IL 61764 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 Pontiac?
The typical home went under contract in 37 days in the latest three months.
Do homes in Pontiac sell over asking?
27% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.
What are property taxes in Pontiac?
About 2.05% of a home’s value a year in Livingston County, or roughly $8,200 on a $400,000 home.
What is the median home price in Pontiac?
The median sale price was $168,927 in the three months ending August 31, 2026, about $117 per square foot.
Local agents
See all agents in 61764 →No sponsored agents in 61764 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 61764
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology