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GURNEE, IL 60031

Real Estate Market Report  ·  Lake County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
67
⇩ 11.8% vs 76 last year
Pending
35
52% pending ratio
Median Price
$365,000
vs $364,999 last year
Average Price
$388,512
⇩ 0.8% vs $391,780 last year
Days on Market
52
⇧ 13% vs 46 days last year

Market Context

Population: 37,202  ·  Density: 755.2/mi²  ·  Median household income: $108,424

Typical home value: $306,057  ·  Homeownership: 75.3%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The GURNEE, IL real estate market (60031) currently shows 67 active listings, with 35 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 52 days on market compared to 46 days last year.

The median listing price has risen 0% year-over-year, from $364,999 to $365,000.

Whether you are buying or selling in GURNEE, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 67 this year vs 76 last year
  • Days on market: 52 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $365,000 (+0% YoY)
  • Average: $388,512 (-0.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.5 miles — 613 listings ($314,872,710 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60031Gurnee, IL 600310.0 mi67$26,030,304$365,000$388,512
60083Wadsworth, IL 600834.3 mi24$22,451,592$526,950$935,483
60064North Chicago, IL 600645.4 mi10$2,283,580$219,900$228,358
60030Grayslake, IL 600306.0 mi63$24,964,569$347,450$396,263
60099Zion, IL 600997.0 mi62$17,719,414$279,950$285,797
60073Round Lake, IL 600738.6 mi105$28,310,835$249,999$269,627
60096Winthrop Harbor, IL 600969.3 mi11$3,679,918$314,950$334,538
60002Antioch, IL 6000210.1 mi50$22,030,150$337,450$440,603
53158Pleasant Prairie, WI 5315810.7 mi36$21,871,008$536,400$607,528
53142Kenosha, WI 5314211.7 mi36$12,241,404$309,450$340,039
60069Lincolnshire, IL 6006912.4 mi27$28,051,488$774,000$1,038,944
60047Lake Zurich, IL 6004713.1 mi112$97,679,008$836,450$872,134
53104Bristol, WI 5310413.5 mi10$7,559,440$549,000$755,944

Frequently Asked Questions

How many homes are for sale in GURNEE, IL 60031?

As of January 2026, there are 67 active listings in GURNEE, IL (zip code 60031), compared to 76 the prior year.

What is the median home price in GURNEE, IL 60031?

The median listing price in GURNEE, IL 60031 is $365,000 as of January 2026, a 0% increase from $364,999 the prior year.

How long do homes stay on the market in GURNEE, IL?

Homes in GURNEE, IL 60031 spend an average of 52 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in GURNEE, IL 60031?

Based on current inventory and days-on-market data as of January 2026, GURNEE, IL 60031 is currently a Balanced Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 52 days on market compared to 46 days last year.

How much can I save on real estate commission in GURNEE, IL?

With SELL123.com's maximum 3% commission, sellers in GURNEE, IL 60031 save an estimated $7,300 compared to a typical 5% commission on the median listing price of $365,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.