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Foreclosures in Oregon, IL 61061

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Oregon, IL Foreclosures

Current Market Conditions in in Oregon, IL As of April 2026?
In the past month, the real estate market in Oregon has continued to maintain its stability. While the number of new listings has slightly increased, buyer interest remains high, particularly in homes showcasing outdoor features and spacious yards. This trend signifies a robust demand, though sellers are beginning to set more competitive pricing as inventory levels rise.
How much do homes sell for in Oregon, IL?
The average home price is currently $239,066.
In Oregon, IL, how many homes are available?
There are currently 2 active home listings available in Oregon.
What’s the average rental cost in Oregon, IL?
The average rental price in Oregon is $1,237.
What is the most expensive home in Oregon?
The most expensive home sold in Oregon had a price of $2,046,981.
What is currently the cheapest priced home in Oregon, IL?
The cheapest home for sale in Oregon is priced at $10,171.

Living in Oregon, IL

Oregon, Illinois is a picturesque small town nestled in Ogle County, offering beautiful landscapes and a welcoming community. With several outdoor activities available and strong educational institutions, it is an ideal location for families and nature enthusiasts alike. The area combines the charm of rural living with the convenience of local amenities and community events.

Buyer vs Seller Market in Oregon, IL

The real estate market in Oregon, IL, has shown signs of stability with moderate price growth over the past year. Homebuyers are attracted to the area's charm and outdoor recreational opportunities, leading to a steady demand for both permanent residences and vacation homes.

As the market adapts to changing economic conditions, there has been an increase in renovations and new constructions, which enhance property values and appeal to new buyers entering the market.

Home Value Estimator For Oregon, IL

There are currently 3,039 real estate properties in Oregon, IL, with a median automated valuation model (AVM) price of $198,757.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Oregon, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Oregon, IL, is $239,066.00, with the most expensive house in Oregon, IL, topping out at $2,046,981.00 and the cheapest home in Oregon, IL, clocking in at $10,171.00. In other words, there’s something for every potential homebuyer or savvy investor in Oregon, IL!

Rent Prices In Oregon, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Oregon, IL, is on a rollercoaster ride. The average rent price in Oregon, IL, is $1,237.00. Indeed, when looking to rent in Oregon, IL, you can expect to pay as little as $640.00 or as much as $2,480.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Oregon, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Oregon, IL 61061 Foreclosures

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