$140,000
108 S Main St
Annawan, IL
4 bd2 ba1,392 sqft$101/ft²
House9,583 sqft lot
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Sarah Mitchell
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Compass Real Estate · Annawan, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Annawan, IL(512) 555-0184TX License #0512847
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5.0 · 47 reviews
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Annawan, IL Housing Market & Real Estate
Seller's market
Housing market overview · Updated monthly ·
$145,000median sale price
How is the Annawan, IL housing market right now?
The median home sale price in Annawan, IL is $145,000. Homes sell in an average of 46 days with 3 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Annawan a buyer's or seller's market?
Seller's market3.0 months of supply46 avg. days on market
Annawan, IL is currently a seller's market, based on 3.0 months of supply and homes selling in about 46 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
46
Average pace
Active listings
3
3.0 months supply
Sale-to-list
103.6%
Above asking
What does the Annawan housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $145,000 |
| Median list price | $120,000 |
| Average days on market | 46 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 103.6% |
| Median price per sq ft | $104/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Annawan by property type?
How the Annawan, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $145,000 | $104/sq ft | 1 | 46 days |
Source: Redfin · Updated monthly
The Annawan housing market is currently classified as a seller's market with a median sale price of $145,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 46 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.6x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Annawan
There are currently 3 homes listed for sale in Annawan, Illinois. The median listing price is $120K. Featured listings range from $140,000 to $3,315,000.
$169,900
502 W Front St
Annawan, IL
5 bd2 ba1,763 sqft$96/ft²
House
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$3,315,000
317 N Canal St
Annawan, IL
Land51.00 acres
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Active listings
3
Homes on market
Median list price
$120K
Avg. days on market
46
Days until sale
New this week
3
Newly listed
Sale-to-list:103.6%
Who lives in Annawan?
Population
955
Median income
$71,250/yr
Median age
39.9 years
Owner-occupied
78.9%
College grads
29.9%
Avg commute
23.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Annawan?
Zillow home value
$184,497
Price-to-income
2.6x
Source: Zillow Research
What is it like to live in Annawan?
Annawan is a community of approximately 1K residents with a median age of 39.9 years.The median household income is $71,250, which represents a working-class community with solid middle-income opportunities. 29.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 78.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Annawan offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Annawan?
2 schools tracked · 327 students
The largest public schools serving Annawan, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Annawan Grade School
Grades PK-8 · 228 students
Annawan High School
Grades 9-12 · 99 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Annawan, IL?
Want a head-to-head view? Compare Annawan side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Annawan?
The median home sale price in Annawan is $145,000, down 0.0% from last year.
How long do homes stay on market in Annawan?
Homes typically spend 46 days on market before going under contract.
What is the median income in Annawan?
The median household income is $71,250 per year.
Is Annawan a buyer's or seller's market?
With 3.0 months of supply, Annawan is currently a seller's market.
How many homes are for sale in Annawan?
There are currently 3 homes listed for sale in Annawan, IL.
What is the Zillow home value estimate for Annawan?
The Zillow Home Value Index (ZHVI) for Annawan is $184,497, representing the typical home value in the area.
How much does a single-family home cost in Annawan?
The median single-family home price in Annawan, IL is $145,000 (about $104 per square foot).
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