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Central Vernon Hills Grosse Pointe Village Indian Creek South Vernon Hills Vernon Hills Town Center (Downtown Vernon Hills)

VERNON HILLS, IL 60061

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

Neighborhoods in ZIP 60061

Central Vernon Hills · Grosse Pointe Village · Indian Creek · South Vernon Hills · Vernon Hills Town Center (Downtown Vernon Hills)

Market Analysis

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

The VERNON HILLS, IL real estate market (60061) currently shows 82 active listings, with 36 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 28 days on market compared to 18 days last year.

The median listing price has risen 9.6% year-over-year, from $474,500 to $519,975.

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Market Context

Market Context

Population: 27,602  ·  Density: 1,275.3/mi²  ·  Median household income: $118,371

Typical home value: $374,879  ·  Homeownership: 66.6%

Market Overview

Active Listings
82
⇩ 4.7% vs 86 last year
Pending
36
44% pending ratio
Median Price
$519,975
⇧ 9.6% vs $474,500 last year
Average Price
$680,239
⇧ 19% vs $571,497 last year
Days on Market
28
⇧ 55.6% vs 18 days last year

Price Per Square Foot

Median $/sqft
$259
⇧ 4% vs $249/sqft last year
Median Home Size
2,300 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 82 this year vs 86 last year
  • Days on market: 28 now vs 18 last year

Median & Average Pricing

Year over Year
  • Median: $519,975 (+9.6% YoY)
  • Average: $680,239 (+19% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.6 miles — 807 listings ($766,577,336 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60061Vernon Hills, IL 600610.0 mi62$34,048,292$455,000$549,166
60048Libertyville, IL 600484.3 mi49$40,043,535$658,500$817,215
60045Lake Forest, IL 600454.6 mi66$185,495,310$1,949,375$2,810,535
60047Lake Zurich, IL 600474.9 mi126$112,419,720$829,925$892,220
60015Deerfield, IL 600156.1 mi60$65,917,080$812,000$1,098,618
60040Highwood, IL 600407.8 mi5$2,688,835$462,500$537,767
60064North Chicago, IL 600648.0 mi11$2,639,989$243,700$239,999
60035Highland Park, IL 600358.4 mi84$118,637,820$817,000$1,412,355
60070Prospect Heights, IL 600709.1 mi34$11,799,564$222,500$347,046
60062Northbrook, IL 600629.5 mi115$122,419,570$627,000$1,064,518
60031Gurnee, IL 600319.8 mi69$27,817,143$386,225$403,147
60073Round Lake, IL 6007311.0 mi113$32,463,431$263,000$287,287
60026Glenview, IL 6002611.6 mi13$10,187,047$739,000$783,619

Frequently Asked Questions

How many homes are for sale in VERNON HILLS, IL 60061?

As of September 2026, there are 82 active listings in VERNON HILLS, IL (zip code 60061), compared to 86 the prior year.

What is the median home price in VERNON HILLS, IL 60061?

The median listing price in VERNON HILLS, IL 60061 is $519,975 as of September 2026, a 9.6% increase from $474,500 the prior year.

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

Homes in VERNON HILLS, IL 60061 spend an average of 28 days on the market before going under contract, compared to 18 days the prior year.

Is it a seller's or buyer's market in VERNON HILLS, IL 60061?

Based on current inventory and days-on-market data as of September 2026, VERNON HILLS, IL 60061 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 28 days on market compared to 18 days last year.

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

With SELL123.com's maximum 3% commission, sellers in VERNON HILLS, IL 60061 save an estimated $10,400 compared to a typical 5% commission on the median listing price of $519,975. 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.