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MEDINAH, IL 60157

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

Market Analysis

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

The MEDINAH, IL real estate market (60157) currently shows 3 active listings, with 2 pending sales. Homes are averaging 151 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 151 days on market compared to 29 days last year.

The median listing price has risen 25.5% year-over-year, from $569,900 to $715,500.

Whether you are buying or selling in MEDINAH, 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: 2,550  ·  Density: 636.7/mi²  ·  Median household income: $108,967

Typical home value: $466,625  ·  Homeownership: 97.4%

Market Overview

Active Listings
3
⇧ 50% vs 2 last year
Pending
2
67% pending ratio
Median Price
$715,500
⇧ 25.5% vs $569,900 last year
Average Price
$715,500
⇧ 25.5% vs $569,900 last year
Days on Market
151
⇧ 420.7% vs 29 days last year

Price Per Square Foot

Median $/sqft
$214
⇧ 6.5% vs $201/sqft last year
Median Home Size
3,600 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 2 last year
  • Days on market: 151 now vs 29 last year

Median & Average Pricing

Year over Year
  • Median: $715,500 (+25.5% YoY)
  • Average: $715,500 (+25.5% 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 7.8 miles — 561 listings ($241,497,860 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60157Medinah, IL 601570.0 mi4$2,456,668$578,500$614,167
60172Roselle, IL 601721.8 mi26$12,181,312$421,125$468,512
60193Schaumburg, IL 601933.4 mi107$45,888,662$374,975$428,866
60191Wood Dale, IL 601913.9 mi31$12,466,402$361,000$402,142
60007Elk Grove Village, IL 600074.0 mi55$20,322,225$359,000$369,495
60194Schaumburg, IL 601945.0 mi32$13,861,760$323,450$433,180
60188Carol Stream, IL 601885.6 mi52$21,582,808$354,975$415,054
60169Hoffman Estates, IL 601696.2 mi68$25,529,104$381,225$375,428
60196Schaumburg, IL 601966.7 mi12$7,143,876$578,990$595,323
60008Rolling Meadows, IL 600087.1 mi42$12,743,892$260,675$303,426
60005Arlington Heights, IL 600057.2 mi57$27,156,738$349,725$476,434
60187Wheaton, IL 601877.6 mi29$17,931,831$568,500$618,339
60181Villa Park, IL 601817.8 mi46$22,232,582$400,000$483,317

Frequently Asked Questions

How many homes are for sale in MEDINAH, IL 60157?

As of March 2026, there are 3 active listings in MEDINAH, IL (zip code 60157), compared to 2 the prior year.

What is the median home price in MEDINAH, IL 60157?

The median listing price in MEDINAH, IL 60157 is $715,500 as of March 2026, a 25.5% increase from $569,900 the prior year.

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

Homes in MEDINAH, IL 60157 spend an average of 151 days on the market before going under contract, compared to 29 days the prior year.

Is it a seller's or buyer's market in MEDINAH, IL 60157?

Based on current inventory and days-on-market data as of March 2026, MEDINAH, IL 60157 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 151 days on market compared to 29 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MEDINAH, IL 60157 save an estimated $14,310 compared to a typical 5% commission on the median listing price of $715,500. 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.