Karen Pioch

Schaumburg, IL

Single-Family Homes

Licensed Realtor, Greater Chicagoland and Lake Summerset Expert



Schaumburg, IL

Wed Oct 20 2021
This week the median list price for Schaumburg, IL is $409,900 with the market action index hovering around 50. This is an increase over last month's market action index of 49. Inventory has decreased to 56. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Schaumburg, IL

Wed Oct 20 2021
This week the median list price for Schaumburg, IL is $409,900 with the market action index hovering around 50. This is an increase over last month's market action index of 49. Inventory has decreased to 56. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Schaumburg market.
Median List Price $409,900
Median Price of New Listings $389,000
Per Square Foot $212
Average Days on Market 69
Median Days on Market 56
Price Decreased 46%
Price Increased 4%
Relisted 27%
Inventory 56
Median Rent $2,288
Market Action 50
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
$774,450 3,203 0.25 - 0.5 acre 4 4 34 1 2 133
$435,000 2,350 0.25 - 0.5 acre 4 2 43 4 1 49
$381,000 1,707 0.25 - 0.5 acre 4 2 49 3 2 38
$299,450 1,400 0.25 - 0.5 acre 3 2 50 4 4 17