Schaumburg, IL Housing Market & Real Estate

Balanced market-16.7% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Schaumburg, IL is $280,000, down 16.7% year-over-year. Homes sell in an average of 64 days with 146 active listings. The market is currently a balanced market.

$280,000median sale price

Is Schaumburg a buyer's or seller's market?

Balanced market2.7 months of supply64 avg. days on market

Schaumburg, IL is currently a balanced market, based on 2.7 months of supply and homes selling in about 64 days. How we determine this →

Homes sold

55

Last 12 weeks

Days on market

64

Average pace

Active listings

146

2.7 months supply

Sale-to-list

99.0%

Below asking

Schaumburg, IL market data

Current housing market statistics for Schaumburg, IL
MetricValue
Median sale price$280,000
Median list price$349,900
Year-over-year price change-16.7%
Average days on market64 days
Active inventory146 listings
Months of supply2.7 months
Sale-to-list price ratio99.0%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Schaumburg housing market is currently classified as a balanced market with a median sale price of $280,000. Prices have fallen 16.7% compared to last year, with homes spending an average of 64 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Schaumburg

There are currently 146 homes listed for sale in Schaumburg, Illinois. The median listing price is $350K. Featured listings range from $169,900 to $604,990.

condo for sale at 1813 Hemlock Pl Apt 109 Schaumburg 60173 - $169,900
New listing
19
$169,900

1813 Hemlock Pl Apt 109

Schaumburg, IL 60173

0 bd1 ba528 sqft
Condo
Est. $154KSold 2026 for $153K

Liz Szymanski · RE/MAX Liberty

More about this property
2 bedroom condo for sale at 197 Camden Ct Unit X1 Schaumburg 60194 - $259,000
New listing
17
$259,000

197 Camden Ct Unit X1

Schaumburg, IL 60194

2 bd1 ba1,100 sqft
Condo
Est. $246KSold 2004 for $172K

Jennifer Kolhouse · Coldwell Banker Realty

More about this property
2 bedroom condo for sale at 1318 Yarmouth Ct Unit 0 Schaumburg 60193 - $262,900
New listing
14
$262,900

1318 Yarmouth Ct Unit 0

Schaumburg, IL 60193

2 bd2 ba1,000 sqft
Condo

Mary Myzia · RE/MAX Suburban

More about this property
2 bedroom condo for sale at 1721 Chesapeake Ln Apt 2 Schaumburg 60193 - $280,000
New listing
13
$280,000

1721 Chesapeake Ln Apt 2

Schaumburg, IL 60193

2 bd2 ba1,200 sqft
Condo
Est. $292KSold 2021 for $178K

Beverly Andrews · Coldwell Banker Real Estate Gr

More about this property
2 bedroom townhouse for sale at 611 Kendall Ct Schaumburg 60194 - $285,000
New listing
23
$285,000

611 Kendall Ct

Schaumburg, IL 60194

2 bd2 ba1,250 sqft
Townhouse

Zilola Chulieva · Keller Williams North Shore West

More about this property
3 bedroom house for sale at 1512 Syracuse Ln Schaumburg 60193 - $449,900
New listing
39
$449,900

1512 Syracuse Ln

Schaumburg, IL 60193

3 bd2 ba1,475 sqft
House8,786 sqft lot
Est. $364KSold 2025 for $220K

Marla Schneider · Coldwell Banker Realty

More about this property
4 bedroom house for sale at 1118 Charlene Ln Schaumburg 60193 - $475,000
New listing
24
$475,000

1118 Charlene Ln

Schaumburg, IL 60193

4 bd3 ba2,038 sqft
House
Est. $460KSold 2005 for $397K

Kristiana Yordanova · Coldwell Banker Realty

More about this property
3 bedroom house for sale at 1733 Camellia Ln Schaumburg 60173 - $499,000
New listing
23
$499,000

1733 Camellia Ln

Schaumburg, IL 60173

3 bd2 ba2,110 sqft
House22,651 sqft lot
Est. $526KSold 1988 for $152K

Dawn Bremer · Keller Williams Success Realty

More about this property
4 bedroom house for sale at 20 Shore Dr Schaumburg 60193 - $549,900
New listing
36
$549,900

20 Shore Dr

Schaumburg, IL 60193

4 bd3 ba2,164 sqft
House
Est. $499KSold 2018 for $317K

Syed Bokhari · Chicagoland Brokers, Inc

More about this property
3 bedroom townhouse for sale at 2223 Waters Edge Dr Schaumburg 60173 - $569,990
New listingPrice cut $6KNew build
25
$569,990

2223 Waters Edge Dr

Schaumburg, IL 60173

3 bd3 ba1,838 sqft
Townhouse
More about this property
3 bedroom townhouse for sale at 2226 Lakeshore Dr Schaumburg 60159 - $574,990
New listingPrice cut $5KNew build
17
$574,990

2226 Lakeshore Dr

Schaumburg, IL 60159

3 bd3 ba1,838 sqft
Townhouse
More about this property
3 bedroom townhouse for sale at 2229 Waters Edge Dr Schaumburg 60173 - $604,990
New listingPrice cut $2KNew build
26
$604,990

2229 Waters Edge Dr

Schaumburg, IL 60173

3 bd3 ba1,838 sqft
Townhouse
More about this property

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Active listings

146

Homes on market

Median list price

$350K

Avg. days on market

64

Days until sale

New this week

82

Newly listed

Price drops:9.6%of listings
Sale-to-list:99.0%

Top public schools in Schaumburg

15 schools tracked · 10,314 students

The largest public schools serving Schaumburg, 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.

Schaumburg High School

Grades 9-12 · 2,355 students

Public

Michael Collins Elem School

Grades K-6 · 768 students

Public

Jane Addams JHS

Grades 4-8 · 740 students

Public

Robert Frost JHS

Grades 7-8 · 693 students

Public

Hoover Math and Science Academy

Grades K-6 · 658 students

Public

Helen Keller JHS

Grades 6-8 · 598 students

Public

Winston Churchill Elem School

Grades K-6 · 582 students

Public

Buzz Aldrin Elem School

Grades K-6 · 538 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Schaumburg?

The median home sale price in Schaumburg is $280,000, down 16.7% from last year.

How long do homes stay on market in Schaumburg?

Homes typically spend 64 days on market before going under contract.

Is Schaumburg a buyer's or seller's market?

With 2.7 months of supply, Schaumburg is currently a balanced market.

How many homes are for sale in Schaumburg?

There are currently 146 homes listed for sale in Schaumburg, IL.

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