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Featured local agent — Winthrop Harbor, IL
Sarah Mitchell
Compass Real Estate · Winthrop Harbor, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Winthrop Harbor, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$375,500median sale price
How is the Winthrop Harbor, IL housing market right now?
The median home sale price in Winthrop Harbor, IL is $375,500, up 28.9% year-over-year. Homes sell in an average of 62 days with 31 active listings. The market is currently a buyer'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 Winthrop Harbor a buyer's or seller's market?
Winthrop Harbor, IL is currently a buyer's market, based on 7.8 months of supply and homes selling in about 62 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
62
Average pace
Active listings
31
7.8 months supply
Sale-to-list
98.9%
Below asking
What does the Winthrop Harbor housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $375,500 |
| Median list price | $312,450 |
| Year-over-year price change | +28.9% |
| Average days on market | 62 days |
| Active inventory | 31 listings |
| Months of supply | 7.8 months |
| Sale-to-list price ratio | 98.9% |
| Median price per sq ft | $220/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 19 |
| Listings with a price cut | 12.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Winthrop Harbor by property type?
How the Winthrop Harbor, 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 | $375,500 | $220/sq ft | 4 | 62 days |
| Condo / Co-op | $345,000 | $118/sq ft | 1 | 66 days |
Source: Redfin · Updated monthly
The Winthrop Harbor housing market is currently classified as a buyer's market with a median sale price of $375,500. Prices have risen 28.9% compared to last year, with homes spending an average of 62 days on market, indicating 7.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.4x provides context for how home values compare to local earning capacity.
Homes for sale in Winthrop Harbor
There are currently 31 homes listed for sale in Winthrop Harbor, Illinois. The median listing price is $312K.
Active listings
31
Homes on market
Median list price
$312K
Avg. days on market
62
Days until sale
New this week
19
Newly listed
Who lives in Winthrop Harbor?
Population
6,663
Median income
$94,221/yr
Median age
51.6 years
Owner-occupied
85.6%
College grads
21.4%
Avg commute
30.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Winthrop Harbor?
Zillow home value
$316,727
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Winthrop Harbor?
Winthrop Harbor is a community of approximately 7K residents with a median age of 51.6 years.The median household income is $94,221, which reflects a relatively affluent area with strong earning potential. 21.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 85.6%, 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, Winthrop Harbor offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Winthrop Harbor?
2 schools tracked · 603 students
The largest public schools serving Winthrop Harbor, 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.
Westfield School
Grades PK-4 · 352 students
North Prairie Jr High
Grades 5-8 · 251 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 Winthrop Harbor, IL?
Want a head-to-head view? Compare Winthrop Harbor side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Winthrop Harbor?
The median home sale price in Winthrop Harbor is $375,500, up 28.9% from last year.
How long do homes stay on market in Winthrop Harbor?
Homes typically spend 62 days on market before going under contract.
What is the median income in Winthrop Harbor?
The median household income is $94,221 per year.
Is Winthrop Harbor a buyer's or seller's market?
With 7.8 months of supply, Winthrop Harbor is currently a buyer's market.
What is the Zillow home value estimate for Winthrop Harbor?
The Zillow Home Value Index (ZHVI) for Winthrop Harbor is $316,727, representing the typical home value in the area.
What is the median condo price in Winthrop Harbor?
The median condo/co-op sale price in Winthrop Harbor, IL is $345,000, compared to $375,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Winthrop Harbor?
The median single-family home price in Winthrop Harbor, IL is $375,500 (about $220 per square foot).
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