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Featured local agent — Wauconda, IL
Sarah Mitchell
Compass Real Estate · Wauconda, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Wauconda, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$376,225median sale price
How is the Wauconda, IL housing market right now?
The median home sale price in Wauconda, IL is $376,225, down 1.8% year-over-year. Homes sell in an average of 60 days with 53 active listings. The market is currently a balanced 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 Wauconda a buyer's or seller's market?
Wauconda, IL is currently a balanced market, based on 3.5 months of supply and homes selling in about 60 days. How we determine this →
Homes sold
15
Last 12 weeks
Days on market
60
Average pace
Active listings
53
3.5 months supply
Sale-to-list
100.0%
Above asking
What does the Wauconda housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $376,225 |
| Median list price | $390,000 |
| Year-over-year price change | -1.8% |
| Average days on market | 60 days |
| Active inventory | 53 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $198/sq ft |
| Homes sold (latest month) | 15 |
| New listings (latest month) | 20 |
| Listings with a price cut | 7.5% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Wauconda by property type?
How the Wauconda, 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 | $457,000 | $162/sq ft | 6 | 70 days |
| Condo / Co-op | $221,000 | $201/sq ft | 6 | 56 days |
| Townhouse | $377,500 | $240/sq ft | 3 | 83 days |
Source: Redfin · Updated monthly
The Wauconda housing market is currently classified as a balanced market with a median sale price of $376,225. Prices have fallen 1.8% compared to last year, with homes spending an average of 60 days on market, indicating 3.5 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 3.1x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Wauconda
There are currently 53 homes listed for sale in Wauconda, Illinois. The median listing price is $390K.
Active listings
53
Homes on market
Median list price
$390K
Avg. days on market
60
Days until sale
New this week
20
Newly listed
Who lives in Wauconda?
Population
14,010
Median income
$112,438/yr
Median age
36.9 years
Owner-occupied
79.6%
College grads
39.4%
Avg commute
30.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Wauconda?
Zillow home value
$345,857
Zillow rent index
$2,375/mo
Price-to-rent ratio
12.1x
Price-to-income
3.1x
Source: Zillow Research
What is it like to live in Wauconda?
Wauconda is a community of approximately 14K residents with a median age of 36.9 years.The median household income is $112,438, which reflects a relatively affluent area with strong earning potential. 39.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 79.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Wauconda offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Wauconda?
5 schools tracked · 3,215 students
The largest public schools serving Wauconda, 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.
Wauconda High School
Grades 9-12 · 1,480 students
Robert Crown School
Grades K-5 · 817 students
Wauconda Middle School
Grades 6-8 · 505 students
Wauconda Grade School
Grades PK-5 · 413 students
Wauconda CUSD 118 ALOP
Grades 9-10
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 Wauconda, IL?
Want a head-to-head view? Compare Wauconda side-by-side with any other U.S. city using our market-comparison tool.
Is Wauconda a good real estate investment market?
For investors evaluating Wauconda, the price-to-rent ratio of 12.1x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 1.8% 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 Wauconda's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Wauconda's median home price.
Frequently asked questions
What is the average home price in Wauconda?
The median home sale price in Wauconda is $376,225, down 1.8% from last year.
How long do homes stay on market in Wauconda?
Homes typically spend 60 days on market before going under contract.
What is the median income in Wauconda?
The median household income is $112,438 per year.
Is Wauconda a buyer's or seller's market?
With 3.5 months of supply, Wauconda is currently a balanced market.
What is the Zillow home value estimate for Wauconda?
The Zillow Home Value Index (ZHVI) for Wauconda is $345,857, representing the typical home value in the area.
What is the median condo price in Wauconda?
The median condo/co-op sale price in Wauconda, IL is $221,000, compared to $457,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Wauconda?
The median single-family home price in Wauconda, IL is $457,000 (about $162 per square foot).
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