Karen Pioch

Schaumburg, IL

Single-Family Homes

Licensed Realtor, Greater Chicagoland and Lake Summerset Expert



Schaumburg, IL

Tue Sep 28 2021
This week the median list price for Schaumburg, IL is $407,450 with the market action index hovering around 49. This is less than last month's market action index of 55. Inventory has decreased to 66. Click here to stay informed with the Schaumburg market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Schaumburg, IL

Tue Sep 28 2021
This week the median list price for Schaumburg, IL is $407,450 with the market action index hovering around 49. This is less than last month's market action index of 55. Inventory has decreased to 66. Click here to stay informed with the Schaumburg market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Schaumburg market.
Median List Price $407,450
Median Price of New Listings $359,950
Per Square Foot $209
Average Days on Market 66
Median Days on Market 46
Price Decreased 47%
Price Increased 3%
Relisted 29%
Inventory 66
Median Rent $2,050
Market Action 49
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$707,450 3,023 0.25 - 0.5 acre 4 3 31 1 1 98
$447,000 2,201 0.25 - 0.5 acre 3 2 43 2 4 35
$385,999 1,710 0.25 - 0.5 acre 4 2 50 3 2 35
$289,900 1,400 0.25 - 0.5 acre 3 2 48 4 2 42