Schaumburg, IL
Housing market overview · Updated weekly
$280,000median sale price
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
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
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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.
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