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Featured local agent — Sleepy Hollow, IL
Sarah Mitchell
Compass Real Estate · Sleepy Hollow, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Sleepy Hollow, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$470,000median sale price
How is the Sleepy Hollow, IL housing market right now?
The median home sale price in Sleepy Hollow, IL is $470,000, down 8.5% year-over-year. Homes sell in an average of 37 days with 8 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 Sleepy Hollow a buyer's or seller's market?
Sleepy Hollow, IL is currently a seller's market, based on 1.6 months of supply and homes selling in about 37 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
37
Average pace
Active listings
8
1.6 months supply
Sale-to-list
98.9%
Below asking
What does the Sleepy Hollow housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $470,000 |
| Median list price | $499,900 |
| Year-over-year price change | -8.5% |
| Average days on market | 37 days |
| Active inventory | 8 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 98.9% |
| Median price per sq ft | $211/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 3 |
| Listings with a price cut | 25.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Sleepy Hollow by property type?
How the Sleepy Hollow, 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 | $470,000 | $211/sq ft | 5 | 37 days |
| Condo / Co-op | $280,000 | $246/sq ft | 1 | 21 days |
| Townhouse | $185,000 | — | 1 | 109 days |
Source: Redfin · Updated monthly
The Sleepy Hollow housing market is currently classified as a seller's market with a median sale price of $470,000. Prices have fallen 8.5% compared to last year, with homes spending an average of 37 days on market, indicating 1.6 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 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Sleepy Hollow
There are currently 8 homes listed for sale in Sleepy Hollow, Illinois. The median listing price is $500K.
Active listings
8
Homes on market
Median list price
$500K
Avg. days on market
37
Days until sale
New this week
3
Newly listed
Who lives in Sleepy Hollow?
Population
3,165
Median income
$147,407/yr
Median age
48.2 years
Owner-occupied
93.6%
College grads
46.9%
Avg commute
31.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Sleepy Hollow?
Zillow home value
$488,377
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Sleepy Hollow?
Sleepy Hollow is a community of approximately 3K residents with a median age of 48.2 years.The median household income is $147,407, which reflects a relatively affluent area with strong earning potential. 46.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 93.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Sleepy Hollow offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Sleepy Hollow?
1 schools tracked · 413 students
The largest public schools serving Sleepy Hollow, 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.
Sleepy Hollow Elem School
Grades K-5 · 413 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 Sleepy Hollow, IL?
Want a head-to-head view? Compare Sleepy Hollow side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Sleepy Hollow?
The median home sale price in Sleepy Hollow is $470,000, down 8.5% from last year.
How long do homes stay on market in Sleepy Hollow?
Homes typically spend 37 days on market before going under contract.
What is the median income in Sleepy Hollow?
The median household income is $147,407 per year.
Is Sleepy Hollow a buyer's or seller's market?
With 1.6 months of supply, Sleepy Hollow is currently a seller's market.
What is the Zillow home value estimate for Sleepy Hollow?
The Zillow Home Value Index (ZHVI) for Sleepy Hollow is $488,377, representing the typical home value in the area.
What is the median condo price in Sleepy Hollow?
The median condo/co-op sale price in Sleepy Hollow, IL is $280,000, compared to $470,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Sleepy Hollow?
The median single-family home price in Sleepy Hollow, IL is $470,000 (about $211 per square foot).
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