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Featured local agent — North Chicago, IL
Sarah Mitchell
Compass Real Estate · North Chicago, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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North Chicago, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$254,500median sale price
How is the North Chicago, IL housing market right now?
The median home sale price in North Chicago, IL is $254,500, down 9.1% year-over-year. Homes sell in an average of 48 days with 43 active listings. The market is currently a leaning buyer's. (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 North Chicago a buyer's or seller's market?
North Chicago, IL is currently a leaning buyer's, based on 7.2 months of supply and homes selling in about 48 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
48
Average pace
Active listings
43
7.2 months supply
Sale-to-list
102.9%
Above asking
What does the North Chicago housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $254,500 |
| Median list price | $259,000 |
| Year-over-year price change | -9.1% |
| Average days on market | 48 days |
| Active inventory | 43 listings |
| Months of supply | 7.2 months |
| Sale-to-list price ratio | 102.9% |
| Median price per sq ft | $176/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 15 |
| Listings with a price cut | 4.7% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in North Chicago by property type?
How the North Chicago, 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 | $232,500 | $186/sq ft | 4 | 48 days |
| Condo / Co-op | $132,500 | $150/sq ft | 2 | 35 days |
| Townhouse | $415,000 | $248/sq ft | 1 | 48 days |
Source: Redfin · Updated monthly
The North Chicago housing market is currently classified as a leaning buyer's with a median sale price of $254,500. Prices have fallen 9.1% compared to last year, with homes spending an average of 48 days on market, indicating 7.2 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 4.0x provides context for how home values compare to local earning capacity.
Homes for sale in North Chicago
There are currently 43 homes listed for sale in North Chicago, Illinois. The median listing price is $259K.
Active listings
43
Homes on market
Median list price
$259K
Avg. days on market
48
Days until sale
New this week
15
Newly listed
Who lives in North Chicago?
Population
30,772
Median income
$56,815/yr
Median age
23.6 years
Owner-occupied
33.3%
College grads
19.1%
Avg commute
17.1 min
Source: U.S. Census Bureau ACS
What are homes worth in North Chicago?
Zillow home value
$224,602
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in North Chicago?
North Chicago is a community of approximately 31K residents with a median age of 23.6 years.The median household income is $56,815, which represents a working-class community with solid middle-income opportunities. 19.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 33.3%, showing a blend of owner and renter-occupied properties. The average commute time is 17.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, North Chicago offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve North Chicago?
6 schools tracked · 2,583 students
The largest public schools serving North Chicago, 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.
North Chicago Community High Sch
Grades 9-12 · 870 students
Neal Math Science Academy
Grades 6-8 · 545 students
Evelyn Alexander School
Grades K-3 · 330 students
A J Katzenmaier Academy
Grades 4-5 · 320 students
LEARN 10 Charter School
Grades K-8 · 301 students
Green Bay Early Childhood Center
Grades PK · 217 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 North Chicago, IL?
Want a head-to-head view? Compare North Chicago side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in North Chicago?
The median home sale price in North Chicago is $254,500, down 9.1% from last year.
How long do homes stay on market in North Chicago?
Homes typically spend 48 days on market before going under contract.
What is the median income in North Chicago?
The median household income is $56,815 per year.
Is North Chicago a buyer's or seller's market?
With 7.2 months of supply, North Chicago is currently a leaning buyer's.
What is the Zillow home value estimate for North Chicago?
The Zillow Home Value Index (ZHVI) for North Chicago is $224,602, representing the typical home value in the area.
What is the median condo price in North Chicago?
The median condo/co-op sale price in North Chicago, IL is $132,500, compared to $232,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in North Chicago?
The median single-family home price in North Chicago, IL is $232,500 (about $186 per square foot).
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