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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Schaumburg, IL Housing Market
Seller's market+4.3% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Schaumburg, IL is worth $360,740, rose 4.3% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $322,000, +4.7% year over year (through May 2026). With 2.4 months of supply and homes going under contract in about 47 days, Schaumburg is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $360,740 home is about $1,926/mo in principal and interest.
Key numbers for Schaumburg, IL
Typical home value
$360,740
+4.3% in 12 months
Zillow, August 2026
Typical asking rent
$2,147/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$322,000
+4.7% year over year
Redfin, through May 2026
Days on market
47
Average pace
Redfin, through May 2026
Active listings
210
2.4 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$94,690
Home costs 3.8x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.5%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Schaumburg a buyer's or seller's market?
Seller's market2.4 months of supply47 days on market100.5% of asking
Schaumburg, IL is a seller's market, based on 2.4 months of supply and homes selling in about 47 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Schaumburg housing market data show?
Every row below is Redfin's final published month for Schaumburg, IL. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $322,000 |
| Median list price | $369,000 |
| Year-over-year price change | +4.7% |
| Median price per sq ft | $244/sq ft |
| Median days on market | 47 days |
| Active inventory | 210 listings |
| Months of supply | 2.4 months |
| Sale-to-list price ratio | 100.5% |
| Homes sold (that month) | 87 |
| New listings (that month) | 112 |
| Listings with a price cut | 15.7% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Schaumburg is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Schaumburg is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Schaumburg home prices moved?
Over the last three years the median sale price in Schaumburg, IL rose 7.7%, from $299,000 to $322,000. The live Zillow value series has rose 4.3% in the last 12 months, which is the more current read now that Redfin's series has stopped. 15.7% of Schaumburg listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 2.4 months while the sale-to-list ratio slips below its current 100.5%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Schaumburg?
Priced off the typical home value of $360,740 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $72,148 | $288,592 | $1,926/mo |
| 5% | $18,037 | $342,703 | $2,287/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,926, that implies roughly $82,536 a year before you add taxes and insurance. The median household in Schaumburg earns $94,690, about $12,154 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.8x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Schaumburg in the next 12 months?
Tell us your timeline. We send the Schaumburg market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Schaumburg?
Typical asking rent in Schaumburg, IL is $2,147/mo, against a typical home value of $360,740. That is a price-to-rent ratio of 14.0x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $1,926 a month — $221 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Schaumburg?
Active listings in Schaumburg, IL went from 207 in May 2025 to 210 in May 2026, a +1.4% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 199 | 108 |
| July 2025 | 219 | 135 |
| August 2025 | 185 | 90 |
| September 2025 | 195 | 89 |
| October 2025 | 190 | 84 |
| November 2025 | 177 | 59 |
| December 2025 | 117 | 36 |
| January 2026 | 124 | 58 |
| February 2026 | 152 | 79 |
| March 2026 | 156 | 102 |
| April 2026 | 200 | 128 |
| May 2026 | 210 | 112 |
Redfin, through May 2026
How does Schaumburg compare to Illinois and the U.S.?
Schaumburg homes sell for $322,000 — 5% below the Illinois median of $337,900. Against the national median of $410,700, Schaumburg runs 22% lower. Year-over-year, Schaumburg moved +4.7% against Illinois's +5.9% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Schaumburg, IL | $322,000 | +4.7% | 47 days |
| Illinois statewide | $337,900 | +5.9% | 43 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Schaumburg
What buyers should watch
- Months of supply, currently 2.4. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 15.7%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $361 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $360,740 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Schaumburg listing goes under contract in 47 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.5% of asking. Price at the number you want and let competition do the rest.
- In the last published month Schaumburg added 112 new listings against 87 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +4.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Schaumburg varies more than the citywide median suggests — check the ZIP pages below before you set a number.
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?
Get connected with a local real estate expert — free, no obligation.
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%
How much do homes cost in Schaumburg by property type?
How the Schaumburg, IL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| 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 |
Who lives in Schaumburg?
American Community Survey estimates for Schaumburg. U.S. Census ACS, 2023
Population
76,780
Households
32,014
Median income
$94,690/yr
Median age
39.7 years
Owner-occupied
61.8%
Median home value
$312,200
Median gross rent
$1,774/mo
Mean commute
27.9 min
61.8% of occupied homes in Schaumburg are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $312,200 against Zillow's $360,740 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,774/mo, below Zillow's $2,147/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
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?
Ordered by distance from Schaumburg, not by size. Compare Schaumburg side by side with any of them.
Which ZIP codes are in Schaumburg?
These are the ZIP codes we see on active Schaumburg listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Schaumburg housing market FAQ
Is Schaumburg a buyer's or seller's market?
Schaumburg, IL is currently a seller's market. That read comes from 2.4 months of supply, homes going under contract in about 47 days, and sellers getting 100.5% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Schaumburg?
The typical home in Schaumburg, IL is worth $360,740 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $322,000, about $244 per square foot.
Is Schaumburg cheaper than the rest of Illinois?
Schaumburg's median sale price of $322,000 is 5% lower than the Illinois statewide median of $337,900, and 22% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Schaumburg?
Homes in Schaumburg, IL spent a median of 47 days on market before going under contract, versus 43 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Schaumburg?
At the current 30-year fixed rate of 7.03%, 20% down on a $360,740 home is about $1,926 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $82,536 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $94,690.
Are home prices rising in Schaumburg?
The typical home value in Schaumburg, IL rose 4.3% over the last 12 months, from $345,708 to $360,740 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Schaumburg?
Schaumburg ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Schaumburg?
That depends on your timeline, not on a headline. What the data says today: Schaumburg, IL is a seller's market with 2.4 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 14.0x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.
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