Onarga, IL, Real Estate
Onarga, Illinois, is a small, welcoming village in Iroquois County with a population of approximately 1,300 as of the 2020 census. Steeped in agricultural heritage, Onarga boasts a rich history, including its founding in 1854 and its well-preserved historic district featuring the Onarga Theater, a restored 1930s gem hosting community events. The village is known for its vibrant community spirit, highlighted by annual events like the Onarga Fall Festival, which celebrates local culture with parades, crafts, and food. Surrounded by fertile farmland, Onarga offers a serene, small-town atmosphere with easy access to nearby urban centers, making it a quintessential slice of rural Illinois life.
Onarga currently has 6 single family homes for sale with an average list price of $144,083.33 and 1 lot for sale with a list price of $165,000. The average annual property tax for Onarga is $2,362.46.
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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Onarga, i.e. what's hot and what's not.
See What's Hot & What's Not in Onarga
Market Trends
Onarga home sales for the month of June decreased in volume by 66.7% when compared to last year, while the median sale price decreased by 27.8% from $180,000 to $130,000. House sales decreased by 66.7%, while the median sale price decreased by 27.8% from $180,000 to $130,000.
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9
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10
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3
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9
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$149,000
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$83,500
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$77,000
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$161,375
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Onarga
Number of Sales for Onarga
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