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Featured local agent — South Beloit, IL
Sarah Mitchell
Compass Real Estate · South Beloit, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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South Beloit, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$303,000median sale price
How is the South Beloit, IL housing market right now?
The median home sale price in South Beloit, IL is $303,000, up 25.7% year-over-year. Homes sell in an average of 31 days with 8 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 South Beloit a buyer's or seller's market?
South Beloit, IL is currently a strong seller's market, based on 0.7 months of supply and homes selling in about 31 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
31
Average pace
Active listings
8
0.7 months supply
Sale-to-list
102.0%
Above asking
What does the South Beloit housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $303,000 |
| Median list price | $145,000 |
| Year-over-year price change | +25.7% |
| Average days on market | 31 days |
| Active inventory | 8 listings |
| Months of supply | 0.7 months |
| Sale-to-list price ratio | 102.0% |
| Median price per sq ft | $179/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 4 |
| Listings with a price cut | 37.5% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in South Beloit by property type?
How the South Beloit, 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 | $303,000 | $179/sq ft | 12 | 31 days |
| Condo / Co-op | $184,000 | $135/sq ft | 1 | 14 days |
| Townhouse | $341,667 | $113/sq ft | 1 | 34 days |
Source: Redfin · Updated monthly
The South Beloit housing market is currently classified as a strong seller's market with a median sale price of $303,000. Prices have risen 25.7% compared to last year, with homes spending an average of 31 days on market, indicating 0.7 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 2.9x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in South Beloit
There are currently 8 homes listed for sale in South Beloit, Illinois. The median listing price is $145K.
Active listings
8
Homes on market
Median list price
$145K
Avg. days on market
31
Days until sale
New this week
4
Newly listed
Who lives in South Beloit?
Population
7,930
Median income
$81,836/yr
Median age
35.7 years
Owner-occupied
70.4%
College grads
24.6%
Avg commute
26.4 min
Source: U.S. Census Bureau ACS
What are homes worth in South Beloit?
Zillow home value
$240,148
Price-to-income
2.9x
Source: Zillow Research
What is it like to live in South Beloit?
South Beloit is a community of approximately 8K residents with a median age of 35.7 years.The median household income is $81,836, which reflects a relatively affluent area with strong earning potential. 24.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 70.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, South Beloit offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve South Beloit?
7 schools tracked · 1,720 students
The largest public schools serving South Beloit, 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.
Prairie Hill Elem School
Grades PK-4 · 470 students
Willowbrook Middle School
Grades 5-8 · 320 students
South Beloit Sr High School
Grades 9-12 · 260 students
Riverview Elementary School
Grades 2-4 · 208 students
Clark Elementary School
Grades PK-1 · 191 students
South Beloit Jr High School
Grades 7-8 · 137 students
Blackhawk Elementary School
Grades 5-6 · 134 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 South Beloit, IL?
Want a head-to-head view? Compare South Beloit side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in South Beloit?
The median home sale price in South Beloit is $303,000, up 25.7% from last year.
How long do homes stay on market in South Beloit?
Homes typically spend 31 days on market before going under contract.
What is the median income in South Beloit?
The median household income is $81,836 per year.
Is South Beloit a buyer's or seller's market?
With 0.7 months of supply, South Beloit is currently a strong seller's market.
What is the Zillow home value estimate for South Beloit?
The Zillow Home Value Index (ZHVI) for South Beloit is $240,148, representing the typical home value in the area.
What is the median condo price in South Beloit?
The median condo/co-op sale price in South Beloit, IL is $184,000, compared to $303,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in South Beloit?
The median single-family home price in South Beloit, IL is $303,000 (about $179 per square foot).
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