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Featured local agent — Oregon, IL
Sarah Mitchell
Compass Real Estate · Oregon, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Oregon, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$180,500median sale price
How is the Oregon, IL housing market right now?
The median home sale price in Oregon, IL is $180,500, down 0.8% year-over-year. Homes sell in an average of 5 days with 4 active listings. The market is currently a strong 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 Oregon a buyer's or seller's market?
Oregon, IL is currently a strong seller's market, based on 0.6 months of supply and homes selling in about 5 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
5
Fast-moving
Active listings
4
0.6 months supply
Sale-to-list
103.8%
Above asking
What does the Oregon housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $180,500 |
| Median list price | $179,950 |
| Year-over-year price change | -0.8% |
| Average days on market | 5 days |
| Active inventory | 4 listings |
| Months of supply | 0.6 months |
| Sale-to-list price ratio | 103.8% |
| Median price per sq ft | $119/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 6 |
| Listings with a price cut | 50.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Oregon by property type?
How the Oregon, 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 | $180,500 | $119/sq ft | 7 | 5 days |
| Condo / Co-op | $250,000 | $157/sq ft | 2 | 3 days |
| Townhouse | $279,900 | $195/sq ft | 1 | 86 days |
Source: Redfin · Updated monthly
The Oregon housing market is currently classified as a strong seller's market with a median sale price of $180,500. Prices have fallen 0.8% compared to last year, with homes spending an average of 5 days on market, indicating 0.6 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 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Oregon
There are currently 4 homes listed for sale in Oregon, Illinois. The median listing price is $180K.
Active listings
4
Homes on market
Median list price
$180K
Avg. days on market
5
Days until sale
New this week
6
Newly listed
Who lives in Oregon?
Population
3,821
Median income
$69,632/yr
Median age
47.9 years
Owner-occupied
59.1%
College grads
18.8%
Avg commute
24.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Oregon?
Zillow home value
$228,983
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Oregon?
Oregon is a community of approximately 4K residents with a median age of 47.9 years.The median household income is $69,632, which represents a working-class community with solid middle-income opportunities. 18.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 59.1%, showing a blend of owner and renter-occupied properties. The average commute time is 24.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Oregon offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Oregon?
2 schools tracked · 1,407 students
The largest public schools serving Oregon, 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.
Oregon Elem Sch
Grades PK-6 · 769 students
Oregon Jr/Sr High School
Grades 7-12 · 638 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 Oregon, IL?
Want a head-to-head view? Compare Oregon side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Oregon?
The median home sale price in Oregon is $180,500, down 0.8% from last year.
How long do homes stay on market in Oregon?
Homes typically spend 5 days on market before going under contract.
What is the median income in Oregon?
The median household income is $69,632 per year.
Is Oregon a buyer's or seller's market?
With 0.6 months of supply, Oregon is currently a strong seller's market.
What is the Zillow home value estimate for Oregon?
The Zillow Home Value Index (ZHVI) for Oregon is $228,983, representing the typical home value in the area.
What is the median condo price in Oregon?
The median condo/co-op sale price in Oregon, IL is $250,000, compared to $180,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Oregon?
The median single-family home price in Oregon, IL is $180,500 (about $119 per square foot).
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