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Featured local agent — Herscher, IL
Sarah Mitchell
Compass Real Estate · Herscher, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Herscher, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$260,000median sale price
How is the Herscher, IL housing market right now?
The median home sale price in Herscher, IL is $260,000, up 24.3% year-over-year. Homes sell in an average of 43 days with 5 active listings. The market is currently a balanced 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 Herscher a buyer's or seller's market?
Herscher, IL is currently a balanced market, based on 5.0 months of supply and homes selling in about 43 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
43
Average pace
Active listings
5
5.0 months supply
Sale-to-list
100.0%
Above asking
What does the Herscher housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $260,000 |
| Median list price | $299,900 |
| Year-over-year price change | +24.3% |
| Average days on market | 43 days |
| Active inventory | 5 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $118/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 40.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Herscher by property type?
How the Herscher, 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 | $260,000 | $118/sq ft | 1 | 43 days |
| Townhouse | $146,000 | $150/sq ft | 1 | 48 days |
Source: Redfin · Updated monthly
The Herscher housing market is currently classified as a balanced market with a median sale price of $260,000. Prices have risen 24.3% compared to last year, with homes spending an average of 43 days on market, indicating 5.0 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 2.3x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Herscher
There are currently 5 homes listed for sale in Herscher, Illinois. The median listing price is $300K.
Active listings
5
Homes on market
Median list price
$300K
Avg. days on market
43
Days until sale
New this week
1
Newly listed
Who lives in Herscher?
Population
1,302
Median income
$100,833/yr
Median age
39.7 years
Owner-occupied
74.0%
College grads
33.5%
Avg commute
26.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Herscher?
Zillow home value
$233,338
Price-to-income
2.3x
Source: Zillow Research
What is it like to live in Herscher?
Herscher is a community of approximately 1K residents with a median age of 39.7 years.The median household income is $100,833, which reflects a relatively affluent area with strong earning potential. 33.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 74.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Herscher offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Herscher?
2 schools tracked · 907 students
The largest public schools serving Herscher, 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.
Herscher High School
Grades 9-12 · 533 students
Herscher Intermediate Sch
Grades 2-5 · 374 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 Herscher, IL?
Want a head-to-head view? Compare Herscher side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Herscher?
The median home sale price in Herscher is $260,000, up 24.3% from last year.
How long do homes stay on market in Herscher?
Homes typically spend 43 days on market before going under contract.
What is the median income in Herscher?
The median household income is $100,833 per year.
Is Herscher a buyer's or seller's market?
With 5.0 months of supply, Herscher is currently a balanced market.
What is the Zillow home value estimate for Herscher?
The Zillow Home Value Index (ZHVI) for Herscher is $233,338, representing the typical home value in the area.
How much does a single-family home cost in Herscher?
The median single-family home price in Herscher, IL is $260,000 (about $118 per square foot).
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