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Featured local agent — Itasca, IL
Sarah Mitchell
Compass Real Estate · Itasca, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Itasca, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$380,000median sale price
How is the Itasca, IL housing market right now?
The median home sale price in Itasca, IL is $380,000, up 5.0% year-over-year. Homes sell in an average of 44 days with 20 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 Itasca a buyer's or seller's market?
Itasca, IL is currently a balanced market, based on 4.0 months of supply and homes selling in about 44 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
44
Average pace
Active listings
20
4.0 months supply
Sale-to-list
102.0%
Above asking
What does the Itasca housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $380,000 |
| Median list price | $500,000 |
| Year-over-year price change | +5.0% |
| Average days on market | 44 days |
| Active inventory | 20 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 102.0% |
| Median price per sq ft | $224/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 13 |
| Listings with a price cut | 15.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Itasca by property type?
How the Itasca, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Condo / Co-op | $380,000 | $224/sq ft | 1 | 44 days |
| Townhouse | $357,000 | $264/sq ft | 2 | 32 days |
Source: Redfin · Updated monthly
The Itasca housing market is currently classified as a balanced market with a median sale price of $380,000. Prices have risen 5.0% compared to last year, with homes spending an average of 44 days on market, indicating 4.0 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 4.1x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Itasca
There are currently 20 homes listed for sale in Itasca, Illinois. The median listing price is $500K.
Active listings
20
Homes on market
Median list price
$500K
Avg. days on market
44
Days until sale
New this week
13
Newly listed
Who lives in Itasca?
Population
9,525
Median income
$111,898/yr
Median age
42.4 years
Owner-occupied
68.6%
College grads
53.1%
Avg commute
25.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Itasca?
Zillow home value
$453,345
Zillow rent index
$2,083/mo
Price-to-rent ratio
18.1x
Price-to-income
4.1x
Source: Zillow Research
What is it like to live in Itasca?
Itasca is a community of approximately 10K residents with a median age of 42.4 years.The median household income is $111,898, which reflects a relatively affluent area with strong earning potential. 53.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 68.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Itasca offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Itasca?
5 schools tracked · 1,008 students
The largest public schools serving Itasca, 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.
Raymond Benson Primary School
Grades PK-2 · 357 students
Elmer H Franzen Intermediate Sch
Grades 3-5 · 333 students
F E Peacock Middle School
Grades 6-8 · 318 students
SSP-F.E. Peacock MS-Itasca SD 10
Grade range n/a
ALSP-F.E. Peacock MS-Itasca SD 10
Grade range n/a
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 Itasca, IL?
Want a head-to-head view? Compare Itasca side-by-side with any other U.S. city using our market-comparison tool.
Is Itasca a good real estate investment market?
For investors evaluating Itasca, the price-to-rent ratio of 18.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 5.0% 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 Itasca's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Itasca's median home price.
Frequently asked questions
What is the average home price in Itasca?
The median home sale price in Itasca is $380,000, up 5.0% from last year.
How long do homes stay on market in Itasca?
Homes typically spend 44 days on market before going under contract.
What is the median income in Itasca?
The median household income is $111,898 per year.
Is Itasca a buyer's or seller's market?
With 4.0 months of supply, Itasca is currently a balanced market.
What is the Zillow home value estimate for Itasca?
The Zillow Home Value Index (ZHVI) for Itasca is $453,345, representing the typical home value in the area.
What is the median condo price in Itasca?
The median condo/co-op sale price in Itasca, IL is $380,000, based on the latest Redfin data.
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