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Featured local agent — Hainesville, IL
Sarah Mitchell
Compass Real Estate · Hainesville, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hainesville, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$340,000median sale price
How is the Hainesville, IL housing market right now?
The median home sale price in Hainesville, IL is $340,000, up 28.3% year-over-year. Homes sell in an average of 49 days with 11 active listings. The market is currently a 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 Hainesville a buyer's or seller's market?
Hainesville, IL is currently a seller's market, based on 3.7 months of supply and homes selling in about 49 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
49
Average pace
Active listings
11
3.7 months supply
Sale-to-list
102.9%
Above asking
What does the Hainesville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $340,000 |
| Median list price | $392,450 |
| Year-over-year price change | +28.3% |
| Average days on market | 49 days |
| Active inventory | 11 listings |
| Months of supply | 3.7 months |
| Sale-to-list price ratio | 102.9% |
| Median price per sq ft | $165/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 6 |
| Listings with a price cut | 18.2% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Hainesville by property type?
How the Hainesville, 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 | $365,000 | $262/sq ft | 2 | 45 days |
| Condo / Co-op | $252,500 | $192/sq ft | 1 | 4 days |
| Townhouse | $240,000 | $132/sq ft | 1 | 73 days |
Source: Redfin · Updated monthly
The Hainesville housing market is currently classified as a seller's market with a median sale price of $340,000. Prices have risen 28.3% compared to last year, with homes spending an average of 49 days on market, indicating 3.7 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 2.4x provides context for how home values compare to local earning capacity.
Homes for sale in Hainesville
There are currently 11 homes listed for sale in Hainesville, Illinois. The median listing price is $392K.
Active listings
11
Homes on market
Median list price
$392K
Avg. days on market
49
Days until sale
New this week
6
Newly listed
Who lives in Hainesville?
Population
3,524
Median income
$126,125/yr
Median age
40.2 years
Owner-occupied
89.4%
College grads
40.0%
Avg commute
31.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Hainesville?
Zillow home value
$298,971
Price-to-income
2.4x
Source: Zillow Research
What is it like to live in Hainesville?
Hainesville is a community of approximately 4K residents with a median age of 40.2 years.The median household income is $126,125, which reflects a relatively affluent area with strong earning potential. 40.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 89.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Hainesville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hainesville?
2 schools tracked · 548 students
The largest public schools serving Hainesville, 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.
Prairieview School
Grades K-4 · 405 students
Grayslake Early Childhood
Grades PK · 143 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 Hainesville, IL?
Want a head-to-head view? Compare Hainesville side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Hainesville?
The median home sale price in Hainesville is $340,000, up 28.3% from last year.
How long do homes stay on market in Hainesville?
Homes typically spend 49 days on market before going under contract.
What is the median income in Hainesville?
The median household income is $126,125 per year.
Is Hainesville a buyer's or seller's market?
With 3.7 months of supply, Hainesville is currently a seller's market.
What is the Zillow home value estimate for Hainesville?
The Zillow Home Value Index (ZHVI) for Hainesville is $298,971, representing the typical home value in the area.
What is the median condo price in Hainesville?
The median condo/co-op sale price in Hainesville, IL is $252,500, compared to $365,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Hainesville?
The median single-family home price in Hainesville, IL is $365,000 (about $262 per square foot).
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