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Featured local agent — Volo, IL
Sarah Mitchell
Compass Real Estate · Volo, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Volo, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$360,990median sale price
How is the Volo, IL housing market right now?
The median home sale price in Volo, IL is $360,990, down 7.4% year-over-year. Homes sell in an average of 83 days with 36 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 Volo a buyer's or seller's market?
Volo, IL is currently a seller's market, based on 2.6 months of supply and homes selling in about 83 days. How we determine this →
Homes sold
14
Last 12 weeks
Days on market
83
Average pace
Active listings
36
2.6 months supply
Sale-to-list
100.0%
Above asking
What does the Volo housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $360,990 |
| Median list price | $347,695 |
| Year-over-year price change | -7.4% |
| Average days on market | 83 days |
| Active inventory | 36 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $175/sq ft |
| Homes sold (latest month) | 14 |
| New listings (latest month) | 15 |
| Listings with a price cut | 8.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Volo by property type?
How the Volo, 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 | $425,000 | $186/sq ft | 6 | 48 days |
| Condo / Co-op | $260,000 | $168/sq ft | 1 | 31 days |
| Townhouse | $336,340 | $171/sq ft | 8 | 111 days |
Source: Redfin · Updated monthly
The Volo housing market is currently classified as a seller's market with a median sale price of $360,990. Prices have fallen 7.4% compared to last year, with homes spending an average of 83 days on market, indicating 2.6 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 2.6x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Volo
There are currently 36 homes listed for sale in Volo, Illinois. The median listing price is $348K.
Active listings
36
Homes on market
Median list price
$348K
Avg. days on market
83
Days until sale
New this week
15
Newly listed
Who lives in Volo?
Population
6,398
Median income
$145,906/yr
Median age
34.3 years
Owner-occupied
81.3%
College grads
46.6%
Avg commute
32.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Volo?
Zillow home value
$374,856
Zillow rent index
$2,622/mo
Price-to-rent ratio
11.9x
Price-to-income
2.6x
Source: Zillow Research
What is it like to live in Volo?
Volo is a community of approximately 6K residents with a median age of 34.3 years.The median household income is $145,906, which reflects a relatively affluent area with strong earning potential. 46.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 81.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Volo offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Volo, IL?
Want a head-to-head view? Compare Volo side-by-side with any other U.S. city using our market-comparison tool.
Is Volo a good real estate investment market?
For investors evaluating Volo, the price-to-rent ratio of 11.9x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 7.4% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Volo's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Volo's median home price.
Frequently asked questions
What is the average home price in Volo?
The median home sale price in Volo is $360,990, down 7.4% from last year.
How long do homes stay on market in Volo?
Homes typically spend 83 days on market before going under contract.
What is the median income in Volo?
The median household income is $145,906 per year.
Is Volo a buyer's or seller's market?
With 2.6 months of supply, Volo is currently a seller's market.
What is the Zillow home value estimate for Volo?
The Zillow Home Value Index (ZHVI) for Volo is $374,856, representing the typical home value in the area.
What is the median condo price in Volo?
The median condo/co-op sale price in Volo, IL is $260,000, compared to $425,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Volo?
The median single-family home price in Volo, IL is $425,000 (about $186 per square foot).
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