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Featured local agent — Winnetka, IL
Sarah Mitchell
Compass Real Estate · Winnetka, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Winnetka, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$2.00Mmedian sale price
How is the Winnetka, IL housing market right now?
The median home sale price in Winnetka, IL is $2.00M, down 14.9% year-over-year. Homes sell in an average of 36 days with 18 active listings. The market is currently a strong 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 Winnetka a buyer's or seller's market?
Winnetka, IL is currently a strong seller's market, based on 0.8 months of supply and homes selling in about 36 days. How we determine this →
Homes sold
23
Last 12 weeks
Days on market
36
Average pace
Active listings
18
0.8 months supply
Sale-to-list
104.6%
Above asking
What does the Winnetka housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $2.00M |
| Median list price | $2.25M |
| Year-over-year price change | -14.9% |
| Average days on market | 36 days |
| Active inventory | 18 listings |
| Months of supply | 0.8 months |
| Sale-to-list price ratio | 104.6% |
| Median price per sq ft | $493/sq ft |
| Homes sold (latest month) | 23 |
| New listings (latest month) | 12 |
| Listings with a price cut | 16.7% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Winnetka by property type?
How the Winnetka, 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 | $2.00M | $495/sq ft | 22 | 36 days |
| Condo / Co-op | $589,000 | $301/sq ft | 1 | 17 days |
| Townhouse | $500,000 | $367/sq ft | 1 | 46 days |
Source: Redfin · Updated monthly
The Winnetka housing market is currently classified as a strong seller's market with a median sale price of $2.00M. Prices have fallen 14.9% compared to last year, with homes spending an average of 36 days on market, indicating 0.8 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 7.5x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Winnetka
There are currently 18 homes listed for sale in Winnetka, Illinois. The median listing price is $2.2M.
Active listings
18
Homes on market
Median list price
$2.2M
Avg. days on market
36
Days until sale
New this week
12
Newly listed
Who lives in Winnetka?
Population
12,508
Median income
$250,001/yr
Median age
42.4 years
Owner-occupied
92.2%
College grads
87.3%
Avg commute
33.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Winnetka?
Zillow home value
$1.88M
Zillow rent index
$1,967/mo
Price-to-rent ratio
79.5x
Price-to-income
7.5x
Source: Zillow Research
What is it like to live in Winnetka?
Winnetka is a community of approximately 13K residents with a median age of 42.4 years.The median household income is $250,001, which reflects a relatively affluent area with strong earning potential. 87.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 92.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Winnetka offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Winnetka?
6 schools tracked · 4,581 students
The largest public schools serving Winnetka, 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.
New Trier Township H S Winnetka
Grades 10-12 · 2,792 students
The Skokie School
Grades 5-6 · 373 students
Carleton W Washburne School
Grades 7-8 · 370 students
Hubbard Woods Elem School
Grades K-4 · 354 students
Greeley Elem School
Grades K-4 · 351 students
Crow Island Elem School
Grades K-4 · 341 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 Winnetka, IL?
Want a head-to-head view? Compare Winnetka side-by-side with any other U.S. city using our market-comparison tool.
Is Winnetka a good real estate investment market?
For investors evaluating Winnetka, the price-to-rent ratio of 79.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 14.9% 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 Winnetka's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Winnetka's median home price.
Frequently asked questions
What is the average home price in Winnetka?
The median home sale price in Winnetka is $2.00M, down 14.9% from last year.
How long do homes stay on market in Winnetka?
Homes typically spend 36 days on market before going under contract.
What is the median income in Winnetka?
The median household income is $250,001 per year.
Is Winnetka a buyer's or seller's market?
With 0.8 months of supply, Winnetka is currently a strong seller's market.
What is the Zillow home value estimate for Winnetka?
The Zillow Home Value Index (ZHVI) for Winnetka is $1.88M, representing the typical home value in the area.
What is the median condo price in Winnetka?
The median condo/co-op sale price in Winnetka, IL is $589,000, compared to $2.00M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Winnetka?
The median single-family home price in Winnetka, IL is $2.00M (about $495 per square foot).
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