Housing Market Report for Stephenson County, IL

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This housing market report uses absorption rates to track supply and demand for Stephenson County, IL. With 3 months of inventory across all segments, the market is currently balanced — supply and demand are roughly equal, giving buyers and sellers relatively equal negotiating leverage. Use the tables below to explore specific price ranges and property types in detail. [Last updated: October 6, 2026]

What is an Absorption Rate? How is Absorption Rate calculated? How is Months of Inventory calculated? Market Conditions Guide

Seller's Market

Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market

3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market

Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

Houses

Hottest Segment 🔥

$100k – $125k

Absorption rate of 2.3, with 0.4 months of inventory.

Coolest Segment ❄️

$350k – $375k

With 18 months of inventory, buyers have more time and negotiating power in this range.

Most Active

$75k – $100k

4 active listings with 21 sold in the last 6 months.

Market Overview

All Segments

The overall market favors sellers with just 2.1 months of inventory.

List Price	Available	Sold Last 6 Months	Under Contract	Absorption Rate	Months of Inventory	Market
25k-50k	1	5	1	0.8	1.2	Seller's
$26,500 1216 S Rotzler Ave. Freeport, IL
$37,500 455 S State Ave. Freeport, IL $43,000 1231 S Float Ave. Freeport, IL $43,900 934 E Garden St. Freeport, IL $37,500 14382 W Kent Rd. Kent, IL $42,500 428 W Chestnut St. Freeport, IL
$42,500 428 W Chestnut St. Freeport, IL
50k-75k	4	10	1	0.4	2.4	Seller's
$70,000 219 W John St. Freeport, IL $60,000 807 E Illinois St. Freeport, IL $70,000 217 W Railroad St. Lena, IL $59,900 732 N Warren Ave. Freeport, IL
$59,900 1662 S Chicago Ave. Freeport, IL $59,500 403 E Webb St. Davis, IL $67,500 430 W American St. Freeport, IL $65,000 922 E Shawnee St. Freeport, IL $52,000 1315 S Rotzler Ave. Freeport, IL $61,000 1539 S Bidwell Ave. Freeport, IL $70,000 1124 S State Ave. Freeport, IL $64,900 325 W Moseley St. Freeport, IL $55,000 537 W Pleasant St. Freeport, IL $60,000 639 W Ordway St. Freeport, IL
$60,000 639 W Ordway St. Freeport, IL
75k-100k	4	21	2	0.9	1.1	Seller's
$85,000 521 E Pleasant St. Freeport, IL $89,900 611 S Adams Ave. Freeport, IL $85,000 200 W Goldmine Rd. Pearl City, IL $80,000 714 S Walnut Ave. Freeport, IL
$100,000 1204 W Violet St. Freeport, IL $100,000 108 E South St. Freeport, IL $89,000 405 N Apple Ave. Freeport, IL $80,000 1762 S Oak Ave. Freeport, IL $95,100 1317 W Stephenson St. Freeport, IL $91,500 1453 S Float Ave. Freeport, IL $98,000 642 W Stephenson St. Freeport, IL $83,000 773 W Homer St. Freeport, IL $85,000 402 S Walnut Ave. Freeport, IL $85,000 709 W Lincoln Blvd. Freeport, IL $78,000 407 E Winneshiek St. Freeport, IL $85,000 482 S Float Ave. Freeport, IL $80,000 618 S Harvey Ave. Freeport, IL $92,500 550 N Waddell Ave. Freeport, IL $99,000 317 N Grove Ave. Freeport, IL $99,000 508 N 1st St. Pearl City, IL $85,000 814 W Hamilton St. Freeport, IL $85,000 239 W Winnifred St. Freeport, IL $80,000 7 Arcade Ct. Freeport, IL $84,900 638 W Ringold Freeport, IL $90,000 828 S Adams Ave. Freeport, IL
$99,000 317 N Grove Ave. Freeport, IL $90,000 828 S Adams Ave. Freeport, IL
100k-125k	1	14	2	2.3	0.4	Seller's
$115,000 20 Academy St. German Valley, IL
$115,000 1411 Mark Dr. Freeport, IL $125,000 1258 S Blackhawk Ave. Freeport, IL $112,000 1607 S Highland Ave. Freeport, IL $116,494 1415 S Walnut Ave. Freeport, IL $118,000 1218 S State Ave. Freeport, IL $110,000 720 S Mckinley Ave. Freeport, IL $115,000 1305 S Prairie Ave. Freeport, IL $119,000 1270 W Staver St. Freeport, IL $125,000 420 S Park Blvd. Freeport, IL $104,000 625 W Ringold St. Freeport, IL $105,000 720 W American St. Freeport, IL $116,000 1510 Winter Dr. Freeport, IL $115,000 961 W Jefferson Dr. Freeport, IL $121,000 1905 S Walnut Rd. Freeport, IL
$118,000 1218 S State Ave. Freeport, IL $115,000 961 W Jefferson Dr. Freeport, IL
125k-150k	1	11	2	1.8	0.5	Seller's
$137,000 1207 W American St. Freeport, IL
$150,000 1133 W Staver St. Freeport, IL $150,000 510 W Dewey St. Freeport, IL $132,700 1247 W Logan St. Freeport, IL $140,000 419 S Saxby Ave. Freeport, IL $132,500 116 E Fuller St. Freeport, IL $150,000 6867 N Eggert Rd. Rock City, IL $150,000 458 S Float Ave. Freeport, IL $150,000 1221 W Lincoln Blvd. Freeport, IL $147,500 1324 Empire Ct. Freeport, IL $138,000 1026 W Douglas St. Freeport, IL $150,000 1364 Empire Ct. Freeport, IL
$140,000 419 S Saxby Ave. Freeport, IL $150,000 1364 Empire Ct. Freeport, IL
150k-175k	3	17	3	0.9	1.1	Seller's
$169,900 2025 Winchester Dr. Freeport, IL $159,900 564 N Greenfield Dr. Freeport, IL $165,000 312 N Stanton St. Davis, IL
$164,900 916 W Stephenson St. Freeport, IL $175,000 1470 S Demeter Dr. Freeport, IL $165,000 1353 Empire Ct. Freeport, IL $169,000 1719 Revere St. Freeport, IL $165,000 1426 W Lincoln Blvd. Freeport, IL $166,000 1427 Mark Dr. Freeport, IL $169,000 104 S Johnson St. Orangeville, IL $155,000 657 N Greenfield Dr. Freeport, IL $153,000 1437 S Walnut Ave. Freeport, IL $170,000 855 W Stephenson St. Freeport, IL $165,000 711 N Turner St. Davis, IL $175,000 904 S Mckinley Ave. Freeport, IL $174,000 1239 W Lincoln Blvd. Freeport, IL $155,000 804 N Birch Dr. Lena, IL $165,000 105 W High St. Orangeville, IL $165,000 1346 Empire Ct. Freeport, IL $165,000 1228 W Lincoln Blvd. Freeport, IL
$165,000 1353 Empire Ct. Freeport, IL $165,000 1426 W Lincoln Blvd. Freeport, IL $165,000 1228 W Lincoln Blvd. Freeport, IL
175k-200k	7	20		0.5	2.1	Seller's
$185,000 3447 Hilldale Dr. Freeport, IL $179,000 1245 W Harrison St. Freeport, IL $200,000 227 Meadow Dr. Orangeville, IL $200,000 2057 Il Rte Freeport, IL $179,000 1114 W Lynwood Ct. Freeport, IL $200,000 1227 W Stephenson St. Freeport, IL $179,900 2105 W Bedford Rd. Freeport, IL
$200,000 340 W Shaffer St. Dakota, IL $189,000 1821 Middlebury Rd. Freeport, IL $191,000 1546 Meadowbrook Ln. Freeport, IL $195,000 300 E 2nd St. Orangeville, IL $200,000 1210 Sun Vu Dr. Freeport, IL $182,500 817 W Empire St. Freeport, IL $200,000 1165 N Henderson Rd. Freeport, IL $185,500 14 N Harlem Ave. Freeport, IL $190,000 611 E Snyder St. Davis, IL $180,000 1407 Bolkinwood Dr. Freeport, IL $180,000 1939 Revere St. Freeport, IL $190,000 432 N Freedom Lena, IL $185,000 2014 Cimarron Dr. Freeport, IL $200,000 1533 S Harlem Ave. Freeport, IL $176,000 [Address Hidden by Seller] Freeport, IL $185,000 1429 Bolkinwood Dr. Freeport, IL $190,000 306 Richland Dr. Orangeville, IL $200,000 1358 Empire Ct. Freeport, IL $182,000 212 Valley View Dr. Orangeville, IL $182,500 205 Sherwood Ln. Lena, IL

200k-225k	6	9	1	0.3	4	Balanced
$219,900 2215 Wheatland Ter. Freeport, IL $205,000 527 Timber Hills Dr. Freeport, IL $205,000 576 Timber Hills Dr. Freeport, IL $225,000 808 Virginia Ave. Lena, IL $225,000 1822 W Pearl City Rd. Freeport, IL $225,000 1303 S Oak Ave. Freeport, IL
$224,900 1318 Ridgefield Rd. Freeport, IL $218,000 1431 Il Route 75 Freeport, IL $225,000 1734 W Stephenson St. Freeport, IL $205,750 1245 W Violet St. Freeport, IL $217,000 1261 W Stephenson St. Freeport, IL $217,000 518 Breezeway Dr. Pearl City, IL $220,000 312 S Church St. Orangeville, IL $225,000 4430 Il Rte 26 N Freeport, IL $225,000 23 Elizabeth Cir. Freeport, IL
$225,000 23 Elizabeth Cir. Freeport, IL
225k-250k	2	8	4	0.7	1.5	Seller's
$245,000 1071 Arapaho Dr. Freeport, IL $250,000 456 Marstonmoor Rd. Davis, IL
$250,000 1569 W Stephenson St. Freeport, IL $247,000 1101 Drexel Rd. Davis, IL $245,000 2155 Oriole Dr. Freeport, IL $250,000 505 Oak St. Lena, IL $250,000 830 Lake Summerset Rd. Lake Summerset, IL $239,900 1544 W Lincoln Blvd. Freeport, IL $235,000 802 S Canterbury Dr. Freeport, IL $234,900 508 Winchester Dr. Freeport, IL
$250,000 1569 W Stephenson St. Freeport, IL $250,000 830 Lake Summerset Rd. Lake Summerset, IL $235,000 802 S Canterbury Dr. Freeport, IL $234,900 508 Winchester Dr. Freeport, IL
250k-275k		4	1	0.7	0	Seller's

$255,000 9836 E Maize Rd. Ridott, IL $255,000 920 Mesa Dr. Freeport, IL $264,000 167 Lake Summerset Rd. Davis, IL $275,000 450 Marstonmoor Rd. Davis, IL
$275,000 450 Marstonmoor Rd. Davis, IL
275k-300k	3	6	2	0.3	3	Balanced
$285,000 1891 Indian Springs Ct. Freeport, IL $279,000 64 S Bunker Hill Rd. German Valley, IL $294,000 788 Gainsboro Rd. Davis, IL
$278,000 829 Sutton Pl. Freeport, IL $288,500 7980 E Ridott Rd. Ridott, IL $285,000 1021 Bertram Dr. Freeport, IL $286,000 7772 E Kelly Rd. Ridott, IL $300,000 2206 Farmdale Ln. Freeport, IL $280,000 1122 S Benson Blvd. Freeport, IL
$278,000 829 Sutton Pl. Freeport, IL $300,000 2206 Farmdale Ln. Freeport, IL
300k-325k	1	4		0.7	1.5	Seller's
$319,900 548 Baintree Rd. Davis, IL
$316,000 1720 W Harrison St. Freeport, IL $315,000 1898 Delmar Dr. Freeport, IL $308,500 2711 Royal Oaks Dr. Freeport, IL $305,000 106 Stony Knoll Davis, IL

325k-350k	5	4	1	0.1	7.5	Buyer's
$349,900 6844 Us Highway 20 Rd. Freeport, IL $340,000 684 Sioux Dr. Freeport, IL $329,499 572 Baintree Rd. Davis, IL $342,900 1112 W Saint James Rd. Orangeville, IL $330,000 101 E Provost St. Lena, IL
$326,625 186 Lake Summerset Rd. Davis, IL $340,000 1430 Sylvan Ct. Freeport, IL $340,000 210 Lake Summerset Rd. Davis, IL $329,900 485 Corkhill Ct. Davis, IL
$329,900 485 Corkhill Ct. Davis, IL
350k-375k	3	1		0.1	18	Buyer's
$360,000 15564 W Fisher Rd. Lena, IL $375,000 2094 Running Deer Ln. Freeport, IL $360,000 732 Santa Fe Dr. Freeport, IL
$375,000 3103 W Greenfield Dr. Freeport, IL

375k-400k	2	1		0.1	12	Buyer's
$389,000 2869 N Fawver Rd. Freeport, IL $392,900 942 Lake Summerset Rd. Davis, IL
$382,000 [Address Hidden by Seller] Freeport, IL

400k-425k	1	1		0.2	6	Balanced
$410,000 485 Lions Dr. Lena, IL
$407,500 659 Southgate Dr. Davis, IL

450k-475k		2		0.3	0	Seller's

$471,000 8443 E Farm School Rd. Rock City, IL $465,000 6880 E Cherry Hill Rd. Ridott, IL

475k-500k		3	1	0.5	0	Seller's

$492,000 8383 W Mound Rd. Lena, IL $479,000 312 E Buckeye Rd. Dakota, IL $478,000 1121 Lawn Pl. Freeport, IL
$479,000 312 E Buckeye Rd. Dakota, IL
500k-550k	2	2		0.2	6	Balanced
$535,000 1669 Barberry Cir. Freeport, IL $550,000 3285 W Forest Rd. Freeport, IL
$543,500 9214 N Waddams Grove Rd. Lena, IL $540,000 1687 Barberry Cir. Freeport, IL

550k-600k	3			0
$597,999 1677 Barberry Cir. Freeport, IL $585,000 2579 W Fairgrounds Rd. Freeport, IL $599,900 1954 Delmar Dr. Freeport, IL


600k-650k	1	1		0.2	6	Balanced
$648,000 4750 W Stephenson St Rd. Freeport, IL
$611,000 4 Lake Summerset Rd. Davis, IL

650k-700k		4		0.7	0	Seller's

$660,000 638 W Cedarville Rd. Freeport, IL $695,000 870 Breckenboro Rd. Davis, IL $655,000 847 Breckenboro Rd. Davis, IL $669,000 213 Lake Summerset Rd. Davis, IL

1.9m-2m	1			0
$1,999,000 2407 W Galena Ave. Freeport, IL

Condos

Hottest Segment 🔥

$75k – $100k

Absorption rate of 0.3, with 3 months of inventory.

Coolest Segment ❄️

$50k – $75k

With 6 months of inventory, buyers have more time and negotiating power in this range.

Most Active

$75k – $100k

1 active listings with 2 sold in the last 6 months.

Market Overview

All Segments

The overall market favors sellers with just 2.5 months of inventory.

List Price	Available	Sold Last 6 Months	Absorption Rate	Months of Inventory	Market
50k-75k	1	1	0.2	6	Balanced
$55,000 441 W Exchange St. #303 Freeport, IL
$65,000 706 Kiwanis Dr. #4 Freeport, IL

75k-100k	1	2	0.3	3	Balanced
$75,900 124 N Whistler Ave. #B8 Freeport, IL
$81,000 714 Kiwanis Dr. #1 Freeport, IL $84,500 124 N Whistler C4 Ave. #C4 Freeport, IL

100k-125k		1	0.2	0	Seller's

$105,000 1801 S Yellow Creek Ct. #A1 Freeport, IL

150k-175k	1	2	0.3	3	Balanced
$160,000 1016 Baxter Ln. #1 Freeport, IL
$165,000 3444 Daren Dr. Freeport, IL $164,000 801 Quail Ridge Dr. Freeport, IL

175k-200k	1	2	0.3	3	Balanced
$185,000 1909 Comanche Ct. #11 Freeport, IL
$198,000 1020 Bertram Dr. #17-1 Freeport, IL $185,000 550 N Sierra Dr. #15 Freeport, IL

200k-225k		2	0.3	0	Seller's

$224,000 3127 Sandy Pointe Dr. Freeport, IL $219,000 3447 Daren Dr. #1 Freeport, IL

225k-250k		1	0.2	0	Seller's

$245,000 1150 S Greenfield Dr. Freeport, IL

250k-275k		1	0.2	0	Seller's

$270,000 741 S Parkcrest Dr. Freeport, IL

275k-300k	1		0
$299,900 113 W Railroad St. #115 Lena, IL

Land

Hottest Segment 🔥

$0 – $25k

Absorption rate of 0, with 72 months of inventory.

Coolest Segment ❄️

$0 – $25k

With 72 months of inventory, buyers have more time and negotiating power in this range.

Most Active

$0 – $25k

12 active listings with 1 sold in the last 6 months.

Market Overview

All Segments

With 50 months of inventory overall, buyers currently hold the advantage.

List Price	Available	Sold Last 6 Months	Under Contract	Absorption Rate	Months of Inventory	Market
0-25k	12	1		0	72
$25,000 TBD E South St. Freeport, IL $9,500 3386 Katherine Dr. Freeport, IL $19,900 3214 Rye Ridge Tr. Freeport, IL $15,000 962 Breckenboro Rd. Davis, IL $11,500 526 Breezeway Dr. Pearl City, IL $19,900 TBD W Galena Ave. Freeport, IL $2,400 951 Lake Summerset Rd. Davis, IL $4,900 268 Wickshire Dr. Davis, IL $2,000 323 Forestcliff Ct. Davis, IL $2,500 487 Corkhill Ct. Davis, IL $9,900 726 S Adams Ave. Freeport, IL $9,900 732 S Adams Ave. Freeport, IL
$15,500 721-725 Meadow Ridge Ln. Lena, IL

25k-50k	6			0
$43,000 5442 N. Timber Ridge Rd. Lena, IL $42,000 5314 N Timber Ridge Rd. Lena, IL $44,000 5412 N Timber Ridge Rd. Lena, IL $45,000 5246 N Timber Ridge Rd. Lena, IL $49,000 9717 W. Deerfield Ln. Lena, IL $39,000 5482 N Timber Ridge Rd. Lena, IL


50k-75k	5			0
$75,000 209 Lake Summerset Rd. Lake Summerset, IL $53,000 9679 W Royal Oaks Ct. Lena, IL $59,000 9648 W Royal Oaks Ct. Lena, IL $51,000 9623 Deerfield Ln. Lena, IL $53,000 9718 W Royal Oaks Ct. Lena, IL


225k-250k		1		0.2	0	Seller's

$250,000 4414 N Tower Rd. Freeport, IL

375k-400k		1	1	0.2	0	Seller's

$381,300 W Raders Rd. Pearl City, IL
$381,300 W Raders Rd. Pearl City, IL
550k-600k	1			0
$600,000 Field Cir. Freeport, IL


1.9m-2m	1			0
$2,000,000 1203 Il Rte 26 N Ave. Freeport, IL