Altos Market Data for Realtors

Waukegan, IL 60085

Single-Family Homes

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Waukegan, IL 60085

Wed Aug 05 2026
This week the median list price for Waukegan, IL 60085 is $292,450 with the market action index hovering around 69. This is less than last month's market action index of 75. Inventory has increased to 28. Click here to stay informed with the Waukegan market!

Market Action Index

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

Strong Seller's Market

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Waukegan, IL 60085

Wed Aug 05 2026
This week the median list price for Waukegan, IL 60085 is $292,450 with the market action index hovering around 69. This is less than last month's market action index of 75. Inventory has increased to 28. Click here to stay informed with the Waukegan market!

Market Action Index

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

Strong Seller's Market

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Waukegan market.
Median List Price $292,450
Median Price of New Listings $319,450
Per Square Foot $165
Average Days on Market 28
Median Days on Market 21
Price Decreased 29%
Price Increased 0%
Relisted 7%
Inventory 28
Median Rent
Market Action 69
Strong Seller's Market

Prices in this zip code hit another all time high this week. You can see that prices continue to march higher. Look for a persistent downtrend in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength finally abating.

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
$361,700 2,304 - 4 2.5 56 2 1 14
$299,000 1,890 6,500 - 8,000 sqft 3 2 67 2 1 28
$265,000 1,356 - 3 2 96 2 2 42
$199,500 1,498 4,500 - 6,500 sqft 3 2 91 0 0 21