New Listing
19
$169,900
1813 Hemlock Pl Apt 109
Schaumburg, IL 60173
0 bd1 ba528 sqft$322/ft²
Condo
Liz Szymanski · RE/MAX Liberty
View photos & details
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Sarah Mitchell
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Compass Real Estate · Schaumburg, IL
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Schaumburg, IL(512) 555-0184TX License #0512847
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Schaumburg, IL Housing Market & Real Estate
Seller's market+4.7% YoY
Housing market overview · Updated monthly ·
$322,000median sale price
How is the Schaumburg, IL housing market right now?
The median home sale price in Schaumburg, IL is $322,000, up 4.7% year-over-year. Homes sell in an average of 47 days with 210 active listings. The market is currently a seller's 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 Schaumburg a buyer's or seller's market?
Seller's market2.4 months of supply47 avg. days on market
Schaumburg, IL is currently a seller's market, based on 2.4 months of supply and homes selling in about 47 days. How we determine this →
Homes sold
87
Last 12 weeks
Days on market
47
Average pace
Active listings
210
2.4 months supply
Sale-to-list
100.5%
Above asking
What does the Schaumburg housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $322,000 |
| Median list price | $369,000 |
| Year-over-year price change | +4.7% |
| Average days on market | 47 days |
| Active inventory | 210 listings |
| Months of supply | 2.4 months |
| Sale-to-list price ratio | 100.5% |
| Median price per sq ft | $244/sq ft |
| Homes sold (latest month) | 87 |
| New listings (latest month) | 112 |
| Listings with a price cut | 15.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Schaumburg by property type?
How the Schaumburg, 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 | $515,250 | $271/sq ft | 28 | 44 days |
| Condo / Co-op | $265,000 | $233/sq ft | 36 | 47 days |
| Townhouse | $322,500 | $243/sq ft | 23 | 48 days |
Source: Redfin · Updated monthly
The Schaumburg housing market is currently classified as a seller's market with a median sale price of $322,000. Prices have risen 4.7% compared to last year, with homes spending an average of 47 days on market, indicating 2.4 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 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in Schaumburg
There are currently 210 homes listed for sale in Schaumburg, Illinois. The median listing price is $369K. Featured listings range from $169,900 to $604,990.
New Listing
17
$259,000
197 Camden Ct Unit X1
Schaumburg, IL 60194
2 bd1 ba1,100 sqft$235/ft²
Condo
Jennifer Kolhouse · Coldwell Banker Realty
View photos & details
New Listing
14
$262,900
1318 Yarmouth Ct Unit 0
Schaumburg, IL 60193
2 bd2 ba1,000 sqft$263/ft²
Condo
Mary Myzia · RE/MAX Suburban
View photos & details
New Listing
13
$280,000
1721 Chesapeake Ln Apt 2
Schaumburg, IL 60193
2 bd2 ba1,200 sqft$233/ft²
Condo
Beverly Andrews · Coldwell Banker Real Estate Gr
View photos & details
New Listing
23
$285,000
611 Kendall Ct
Schaumburg, IL 60194
2 bd2 ba1,250 sqft$228/ft²
Townhouse
Zilola Chulieva · Keller Williams North Shore West
View photos & details
New Listing
39
$449,900
1512 Syracuse Ln
Schaumburg, IL 60193
3 bd2 ba1,475 sqft$305/ft²
House8,786 sqft lot
Marla Schneider · Coldwell Banker Realty
View photos & details
New Listing
24
$475,000
1118 Charlene Ln
Schaumburg, IL 60193
4 bd3 ba2,038 sqft$233/ft²
House
Kristiana Yordanova · Coldwell Banker Realty
View photos & details
New Listing
23
$499,000
1733 Camellia Ln
Schaumburg, IL 60173
3 bd2 ba2,110 sqft$236/ft²
House22,651 sqft lot
Dawn Bremer · Keller Williams Success Realty
View photos & details
New Listing
36
$549,900
20 Shore Dr
Schaumburg, IL 60193
4 bd3 ba2,164 sqft$254/ft²
House
Syed Bokhari · Chicagoland Brokers, Inc
View photos & details
New BuildPrice Drop −$6K
25
$569,990
2223 Waters Edge Dr
Schaumburg, IL 60173
3 bd3 ba1,838 sqft$310/ft²
Townhouse
View photos & details
New BuildPrice Drop −$5K
17
$574,990
2226 Lakeshore Dr
Schaumburg, IL 60159
3 bd3 ba1,838 sqft$313/ft²
Townhouse
View photos & details
New BuildPrice Drop −$2K
26
$604,990
2229 Waters Edge Dr
Schaumburg, IL 60173
3 bd3 ba1,838 sqft$329/ft²
Townhouse
View photos & details
Looking to buy in Schaumburg?
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Active listings
210
Homes on market
Median list price
$369K
Avg. days on market
47
Days until sale
New this week
112
Newly listed
Price drops:15.7%of listings
Sale-to-list:100.5%
Who lives in Schaumburg?
Population
76,780
Median income
$94,690/yr
Median age
39.7 years
Owner-occupied
61.8%
College grads
50.6%
Avg commute
27.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Schaumburg?
Zillow home value
$363,376
Zillow rent index
$2,099/mo
Price-to-rent ratio
14.4x
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Schaumburg?
Schaumburg is a community of approximately 77K residents with a median age of 39.7 years.The median household income is $94,690, which reflects a relatively affluent area with strong earning potential. 50.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 61.8%, showing a blend of owner and renter-occupied properties. The average commute time is 27.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Schaumburg offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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
Michael Collins Elem School
Grades K-6 · 768 students
Jane Addams JHS
Grades 4-8 · 740 students
Robert Frost JHS
Grades 7-8 · 693 students
Hoover Math and Science Academy
Grades K-6 · 658 students
Helen Keller JHS
Grades 6-8 · 598 students
Winston Churchill Elem School
Grades K-6 · 582 students
Buzz Aldrin Elem School
Grades K-6 · 538 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 Schaumburg, IL?
Want a head-to-head view? Compare Schaumburg side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Schaumburg?
Is Schaumburg a good real estate investment market?
For investors evaluating Schaumburg, the price-to-rent ratio of 14.4x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 4.7% 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 Schaumburg's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Schaumburg's median home price.
Frequently asked questions
What is the average home price in Schaumburg?
The median home sale price in Schaumburg is $322,000, up 4.7% from last year.
How long do homes stay on market in Schaumburg?
Homes typically spend 47 days on market before going under contract.
What is the median income in Schaumburg?
The median household income is $94,690 per year.
Is Schaumburg a buyer's or seller's market?
With 2.4 months of supply, Schaumburg is currently a seller's market.
How many homes are for sale in Schaumburg?
There are currently 210 homes listed for sale in Schaumburg, IL.
What is the Zillow home value estimate for Schaumburg?
The Zillow Home Value Index (ZHVI) for Schaumburg is $363,376, representing the typical home value in the area.
What is the median condo price in Schaumburg?
The median condo/co-op sale price in Schaumburg, IL is $265,000, compared to $515,250 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Schaumburg?
The median single-family home price in Schaumburg, IL is $515,250 (about $271 per square foot).
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