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North Waukegan The North Lakefront

WAUKEGAN, IL 60087

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60087

North Waukegan · The North Lakefront

Market Analysis

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

The WAUKEGAN, IL real estate market (60087) currently shows 34 active listings, with 28 pending sales. Homes are averaging 20 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 20 days on market compared to 41 days last year.

The median listing price has risen 10.1% year-over-year, from $269,900 to $297,200.

Whether you are buying or selling in WAUKEGAN, 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 Context

Market Context

Population: 27,815  ·  Density: 828.4/mi²  ·  Median household income: $75,691

Typical home value: $171,080  ·  Homeownership: 59.5%

Market Overview

Active Listings
34
vs 34 last year
Pending
28
82% pending ratio
Median Price
$297,200
⇧ 10.1% vs $269,900 last year
Average Price
$287,778
⇩ 1.9% vs $293,403 last year
Days on Market
20
⇩ 51.2% vs 41 days last year

Price Per Square Foot

Median $/sqft
$196
⇧ 10.1% vs $178/sqft last year
Median Home Size
1,389 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 20 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $297,200 (+10.1% YoY)
  • Average: $287,778 (-1.9% 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 15.3 miles — 589 listings ($395,517,920 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60087Waukegan, IL 600870.0 mi33$8,385,861$242,500$254,117
60099Zion, IL 600993.9 mi66$19,255,038$290,350$291,743
60083Wadsworth, IL 600835.1 mi23$21,417,922$532,975$931,214
60064North Chicago, IL 600645.6 mi11$2,639,989$243,700$239,999
53158Pleasant Prairie, WI 531588.4 mi36$21,810,708$561,175$605,853
60046Lake Villa, IL 6004610.5 mi62$25,459,618$389,375$410,639
60030Grayslake, IL 6003010.8 mi66$26,088,150$344,250$395,275
60045Lake Forest, IL 6004511.5 mi66$185,495,310$1,949,375$2,810,535
60061Vernon Hills, IL 6006113.0 mi62$34,048,292$455,000$549,166
60073Round Lake, IL 6007313.3 mi113$32,463,431$263,000$287,287
53104Bristol, WI 5310413.9 mi10$5,556,400$532,225$555,640
53140Kenosha, WI 5314014.9 mi23$6,067,515$234,900$263,805
60041Ingleside, IL 6004115.3 mi18$6,829,686$359,900$379,427

Frequently Asked Questions

How many homes are for sale in WAUKEGAN, IL 60087?

As of March 2026, there are 34 active listings in WAUKEGAN, IL (zip code 60087), compared to 34 the prior year.

What is the median home price in WAUKEGAN, IL 60087?

The median listing price in WAUKEGAN, IL 60087 is $297,200 as of March 2026, a 10.1% increase from $269,900 the prior year.

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

Homes in WAUKEGAN, IL 60087 spend an average of 20 days on the market before going under contract, compared to 41 days the prior year.

Is it a seller's or buyer's market in WAUKEGAN, IL 60087?

Based on current inventory and days-on-market data as of March 2026, WAUKEGAN, IL 60087 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 20 days on market compared to 41 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WAUKEGAN, IL 60087 save an estimated $5,944 compared to a typical 5% commission on the median listing price of $297,200. 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.