Call or Text (240) SELL-123
Downtown Milwaukee Avenue Mission Hills North Northfield Shermerville

NORTHBROOK, IL 60062

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60062

Downtown · Milwaukee Avenue · Mission Hills · North Northfield · Shermerville

Market Analysis

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

The NORTHBROOK, IL real estate market (60062) currently shows 141 active listings, with 74 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 31 days on market compared to 26 days last year.

The median listing price has fallen 0% year-over-year, from $619,000 to $619,000.

Whether you are buying or selling in NORTHBROOK, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for NORTHBROOK, IL 60062 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 42,004  ·  Density: 857.9/mi²  ·  Median household income: $136,120

Typical home value: $601,390  ·  Homeownership: 82.3%

Market Overview

Active Listings
141
⇧ 12.8% vs 125 last year
Pending
74
52% pending ratio
Median Price
$619,000
vs $619,000 last year
Average Price
$1,056,736
⇧ 10.6% vs $955,087 last year
Days on Market
31
⇧ 19.2% vs 26 days last year

Price Per Square Foot

Median $/sqft
$279
⇩ 5.4% vs $295/sqft last year
Median Home Size
2,211 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 141 this year vs 125 last year
  • Days on market: 31 now vs 26 last year

Median & Average Pricing

Year over Year
  • Median: $619,000 (+0% YoY)
  • Average: $1,056,736 (+10.6% 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 8.6 miles — 679 listings ($745,707,040 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60062Northbrook, IL 600620.0 mi115$122,419,570$627,000$1,064,518
60015Deerfield, IL 600153.6 mi60$65,917,080$812,000$1,098,618
60022Glencoe, IL 600223.9 mi29$84,800,988$2,907,250$2,924,172
60035Highland Park, IL 600354.3 mi84$118,637,820$817,000$1,412,355
60070Prospect Heights, IL 600704.6 mi34$11,799,564$222,500$347,046
60040Highwood, IL 600405.7 mi5$2,688,835$462,500$537,767
60069Lincolnshire, IL 600696.4 mi27$26,833,599$749,450$993,837
60089Buffalo Grove, IL 600896.7 mi69$26,585,700$348,750$385,300
60714Niles, IL 607147.0 mi54$23,390,424$406,150$433,156
60004Arlington Heights, IL 600047.1 mi79$47,048,450$535,700$595,550
60045Lake Forest, IL 600457.8 mi66$185,495,310$1,949,375$2,810,535
60203Evanston, IL 602038.4 mi7$4,412,450$614,700$630,350
60076Skokie, IL 600768.6 mi50$25,677,250$500,500$513,545

Frequently Asked Questions

How many homes are for sale in NORTHBROOK, IL 60062?

As of March 2026, there are 141 active listings in NORTHBROOK, IL (zip code 60062), compared to 125 the prior year.

What is the median home price in NORTHBROOK, IL 60062?

The median listing price in NORTHBROOK, IL 60062 is $619,000 as of March 2026, a 0% increase from $619,000 the prior year.

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

Homes in NORTHBROOK, IL 60062 spend an average of 31 days on the market before going under contract, compared to 26 days the prior year.

Is it a seller's or buyer's market in NORTHBROOK, IL 60062?

Based on current inventory and days-on-market data as of March 2026, NORTHBROOK, IL 60062 is currently a Buyer's Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 31 days on market compared to 26 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NORTHBROOK, IL 60062 save an estimated $12,380 compared to a typical 5% commission on the median listing price of $619,000. 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.