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Featured local agent — Walnut, IL
Sarah Mitchell
Compass Real Estate · Walnut, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Walnut, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$66,000median sale price
How is the Walnut, IL housing market right now?
The median home sale price in Walnut, IL is $66,000. Homes sell in an average of 26 days with 1 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 Walnut a buyer's or seller's market?
Walnut, IL is currently a seller's market, based on 0.5 months of supply and homes selling in about 26 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
26
Average pace
Active listings
1
0.5 months supply
Sale-to-list
88.0%
Below asking
What does the Walnut housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $66,000 |
| Median list price | $184,000 |
| Average days on market | 26 days |
| Active inventory | 1 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 88.0% |
| Median price per sq ft | $42/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Walnut by property type?
How the Walnut, 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 | $66,000 | $42/sq ft | 2 | 26 days |
Source: Redfin · Updated monthly
The Walnut housing market is currently classified as a seller's market with a median sale price of $66,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 26 days on market, indicating 0.5 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 2.4x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Walnut
There are currently 1 homes listed for sale in Walnut, Illinois. The median listing price is $184K.
Active listings
1
Homes on market
Median list price
$184K
Avg. days on market
26
Days until sale
New this week
1
Newly listed
Who lives in Walnut?
Population
1,402
Median income
$62,019/yr
Median age
36.9 years
Owner-occupied
83.8%
College grads
18.8%
Avg commute
22.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Walnut?
Zillow home value
$149,109
Price-to-income
2.4x
Source: Zillow Research
What is it like to live in Walnut?
Walnut is a community of approximately 1K residents with a median age of 36.9 years.The median household income is $62,019, 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 83.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Walnut offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Walnut?
1 schools tracked · 171 students
The largest public schools serving Walnut, 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.
Bureau Valley North
Grades PK-5 · 171 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 Walnut, IL?
Want a head-to-head view? Compare Walnut side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Walnut?
The median home sale price in Walnut is $66,000, down 0.0% from last year.
How long do homes stay on market in Walnut?
Homes typically spend 26 days on market before going under contract.
What is the median income in Walnut?
The median household income is $62,019 per year.
Is Walnut a buyer's or seller's market?
With 0.5 months of supply, Walnut is currently a seller's market.
What is the Zillow home value estimate for Walnut?
The Zillow Home Value Index (ZHVI) for Walnut is $149,109, representing the typical home value in the area.
How much does a single-family home cost in Walnut?
The median single-family home price in Walnut, IL is $66,000 (about $42 per square foot).
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