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SCHAUMBURG, IL 60173

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

Market Analysis

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

The SCHAUMBURG, IL real estate market (60173) currently shows 28 active listings, with 11 pending sales. Homes are averaging 21 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 21 days on market compared to 29 days last year.

The median listing price has risen 19.5% year-over-year, from $435,000 to $519,750.

Whether you are buying or selling in SCHAUMBURG, 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: 14,067  ·  Density: 846.0/mi²  ·  Median household income: $105,243

Typical home value: $346,504  ·  Homeownership: 33.6%

Market Overview

Active Listings
28
⇩ 3.4% vs 29 last year
Pending
11
39% pending ratio
Median Price
$519,750
⇧ 19.5% vs $435,000 last year
Average Price
$483,726
⇧ 13.4% vs $426,426 last year
Days on Market
21
⇩ 27.6% vs 29 days last year

Price Per Square Foot

Median $/sqft
$274
⇧ 4.6% vs $262/sqft last year
Median Home Size
1,793 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 28 this year vs 29 last year
  • Days on market: 21 now vs 29 last year

Median & Average Pricing

Year over Year
  • Median: $519,750 (+19.5% YoY)
  • Average: $483,726 (+13.4% 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 8.5 miles — 751 listings ($327,086,235 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60173Schaumburg, IL 601730.0 mi16$6,035,744$321,175$377,234
60195Schaumburg, IL 601951.9 mi3$750,000$250,000$250,000
60169Hoffman Estates, IL 601693.3 mi68$25,529,104$381,225$375,428
60005Arlington Heights, IL 600053.5 mi57$27,156,738$349,725$476,434
60067Palatine, IL 600673.8 mi87$54,347,421$589,750$624,683
60172Roselle, IL 601725.4 mi26$12,181,312$421,125$468,512
60004Arlington Heights, IL 600045.6 mi79$47,048,450$535,700$595,550
60143Itasca, IL 601435.7 mi16$8,655,280$518,175$540,955
60056Mount Prospect, IL 600566.1 mi74$35,623,970$454,750$481,405
60133Hanover Park, IL 601336.9 mi65$21,559,785$328,250$331,689
60070Prospect Heights, IL 600707.3 mi34$11,799,564$222,500$347,046
60016Des Plaines, IL 600168.3 mi135$47,989,395$334,600$355,477
60090Wheeling, IL 600908.5 mi91$28,409,472$293,450$312,192

Frequently Asked Questions

How many homes are for sale in SCHAUMBURG, IL 60173?

As of March 2026, there are 28 active listings in SCHAUMBURG, IL (zip code 60173), compared to 29 the prior year.

What is the median home price in SCHAUMBURG, IL 60173?

The median listing price in SCHAUMBURG, IL 60173 is $519,750 as of March 2026, a 19.5% increase from $435,000 the prior year.

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

Homes in SCHAUMBURG, IL 60173 spend an average of 21 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 SCHAUMBURG, IL 60173?

Based on current inventory and days-on-market data as of March 2026, SCHAUMBURG, IL 60173 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 21 days on market compared to 29 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SCHAUMBURG, IL 60173 save an estimated $10,395 compared to a typical 5% commission on the median listing price of $519,750. 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.