Loves Park, IL Housing Market & Real Estate Update (Feb. 28, 2026)
Loves Park, IL – February 28, 2026 – Loves Park closed 2025 with higher prices and quick sales. Inventory remained tight, and with mortgage rates hovering near 6%, buyers and se…
Loves Park, IL wrapped up 2025 with elevated prices and fast-moving homes, while mortgage rates hovered near 6%. That combination continued to reward well-prepped listings, and it kept buyers focused on move-in-ready options that match their budget quickly.
Top takeaways
- Median sale price: about $232K (Dec 2025), up roughly 31% year over year.
- Speed of sales: homes averaged about 10 days on market, pointing to steady demand.
- Inventory: tight conditions continued; Zillow showed 54 homes for sale at the end of Dec 2025.
Market snapshot
Redfin recorded 20 homes sold in Dec 2025. Zillow’s typical home value estimate is about $188K (up 7.4% year over year, data through Dec 31, 2025), alongside a median list price around $212K. On the financing side, Freddie Mac’s Primary Mortgage Market Survey listed the 30-year fixed mortgage rate at 6.11% as of Feb 5, 2026.
What’s for sale right now
- Zillow’s city search recently showed about 28 active results, ranging from roughly $100K to about $550K.
- Land listings are also appearing, which may appeal to small-build or infill buyers.
What are you seeing locally: more price cuts, or homes still going pending quickly?