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Featured local agent — Glencoe, IL
Sarah Mitchell
Compass Real Estate · Glencoe, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Glencoe, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.94Mmedian sale price
How is the Glencoe, IL housing market right now?
The median home sale price in Glencoe, IL is $1.94M, up 31.1% year-over-year. Homes sell in an average of 50 days with 30 active listings. The market is currently a strong 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 Glencoe a buyer's or seller's market?
Glencoe, IL is currently a strong seller's market, based on 2.1 months of supply and homes selling in about 50 days. How we determine this →
Homes sold
14
Last 12 weeks
Days on market
50
Average pace
Active listings
30
2.1 months supply
Sale-to-list
107.5%
Above asking
What does the Glencoe housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.94M |
| Median list price | $2.30M |
| Year-over-year price change | +31.1% |
| Average days on market | 50 days |
| Active inventory | 30 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 107.5% |
| Median price per sq ft | $526/sq ft |
| Homes sold (latest month) | 14 |
| New listings (latest month) | 21 |
| Listings with a price cut | 13.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Glencoe by property type?
How the Glencoe, 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 | $1.98M | $536/sq ft | 13 | 49 days |
| Condo / Co-op | $391,250 | $296/sq ft | 2 | 35 days |
Source: Redfin · Updated monthly
The Glencoe housing market is currently classified as a strong seller's market with a median sale price of $1.94M. Prices have risen 31.1% compared to last year, with homes spending an average of 50 days on market, indicating 2.1 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 6.6x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Glencoe
There are currently 30 homes listed for sale in Glencoe, Illinois. The median listing price is $2.3M.
Active listings
30
Homes on market
Median list price
$2.3M
Avg. days on market
50
Days until sale
New this week
21
Newly listed
Who lives in Glencoe?
Population
8,715
Median income
$250,001/yr
Median age
45.4 years
Owner-occupied
91.9%
College grads
88.2%
Avg commute
37.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Glencoe?
Zillow home value
$1.65M
Zillow rent index
$2,650/mo
Price-to-rent ratio
52.0x
Price-to-income
6.6x
Source: Zillow Research
What is it like to live in Glencoe?
Glencoe is a community of approximately 9K residents with a median age of 45.4 years.The median household income is $250,001, which reflects a relatively affluent area with strong earning potential. 88.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 91.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 37.8 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Glencoe offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Glencoe?
3 schools tracked · 1,217 students
The largest public schools serving Glencoe, 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.
Central School
Grades 5-8 · 580 students
South Elem School
Grades PK-2 · 389 students
West School
Grades 3-4 · 248 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 Glencoe, IL?
Want a head-to-head view? Compare Glencoe side-by-side with any other U.S. city using our market-comparison tool.
Is Glencoe a good real estate investment market?
For investors evaluating Glencoe, the price-to-rent ratio of 52.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 31.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Glencoe's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Glencoe's median home price.
Frequently asked questions
What is the average home price in Glencoe?
The median home sale price in Glencoe is $1.94M, up 31.1% from last year.
How long do homes stay on market in Glencoe?
Homes typically spend 50 days on market before going under contract.
What is the median income in Glencoe?
The median household income is $250,001 per year.
Is Glencoe a buyer's or seller's market?
With 2.1 months of supply, Glencoe is currently a strong seller's market.
What is the Zillow home value estimate for Glencoe?
The Zillow Home Value Index (ZHVI) for Glencoe is $1.65M, representing the typical home value in the area.
What is the median condo price in Glencoe?
The median condo/co-op sale price in Glencoe, IL is $391,250, compared to $1.98M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Glencoe?
The median single-family home price in Glencoe, IL is $1.98M (about $536 per square foot).
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