Skokie, IL Housing Market & Real Estate

Balanced market-3.4% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Skokie, IL is $425,000, down 3.4% year-over-year. Homes sell in an average of 48 days with 102 active listings. The market is currently a balanced market.

$425,000median sale price

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

Balanced market3.8 months of supply48 avg. days on market

Skokie, IL is currently a balanced market, based on 3.8 months of supply and homes selling in about 48 days. How we determine this →

Homes sold

27

Last 12 weeks

Days on market

48

Average pace

Active listings

102

3.8 months supply

Sale-to-list

98.7%

Below asking

Skokie, IL market data

Current housing market statistics for Skokie, IL
MetricValue
Median sale price$425,000
Median list price$430,000
Year-over-year price change-3.4%
Average days on market48 days
Active inventory102 listings
Months of supply3.8 months
Sale-to-list price ratio98.7%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Skokie housing market is currently classified as a balanced market with a median sale price of $425,000. Prices have fallen 3.4% compared to last year, with homes spending an average of 48 days on market, indicating 3.8 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 Skokie

There are currently 102 homes listed for sale in Skokie, Illinois. The median listing price is $430K.

Active listings

102

Homes on market

Median list price

$430K

Avg. days on market

48

Days until sale

New this week

48

Newly listed

Price drops:14.7%of listings
Sale-to-list:98.7%

Top public schools in Skokie

15 schools tracked · 10,084 students

The largest public schools serving Skokie, 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.

Niles West High School

Grades 9-12 · 2,615 students

Public

Niles North High School

Grades 9-12 · 2,015 students

Public

Fairview South Elementary School

Grades K-8 · 707 students

Public

Old Orchard Jr High School

Grades 6-8 · 648 students

Public

Lincoln Jr High School

Grades 6-8 · 591 students

Public

Madison Elem School

Grades PK-2 · 586 students

Public

John Middleton Elem School

Grades 1-5 · 519 students

Public

East Prairie Elem School

Grades PK-8 · 515 students

Public

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

Explore nearby cities in IL

Frequently asked questions

What is the average home price in Skokie?

The median home sale price in Skokie is $425,000, down 3.4% from last year.

How long do homes stay on market in Skokie?

Homes typically spend 48 days on market before going under contract.

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

With 3.8 months of supply, Skokie is currently a balanced market.

Pre-launch · for real estate professionals

Reserve a slot on this page

Get your brokerage in front of buyers actively shopping this city on the Skokie, IL market page when featured listings launch in the next 1-2 weeks. One brokerage slot per page, billed monthly once live.

$100 / month

Reserve slot

Get Skokie market alerts

Weekly updates on prices, inventory, and trends. Free forever.