Altos Market Data for Realtors

Waukegan, IL 60085

Single-Family Homes

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Waukegan, IL 60085

Sun Jul 06 2025
This week the median list price for Waukegan, IL 60085 is $239,000 with the market action index hovering around 72. This is an increase over last month's market action index of 70. Inventory has held steady at or around 25. 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

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.

Waukegan, IL 60085

Sun Jul 06 2025
This week the median list price for Waukegan, IL 60085 is $239,000 with the market action index hovering around 72. This is an increase over last month's market action index of 70. Inventory has held steady at or around 25. 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

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 Waukegan market.
Median List Price $239,000
Median Price of New Listings $325,000
Per Square Foot $162
Average Days on Market 53
Median Days on Market 21
Price Decreased 36%
Price Increased 0%
Relisted 16%
Inventory 25
Median Rent
Market Action 72
Strong Seller's Market

We continue to see prices in this zip code at a plateau even though prices dipped this week. Look for a persistent change in the Market Action Index (up or down) before we see prices significantly 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
$389,000 1,871 6,500 - 8,000 sqft 4 2.5 36 1 3 14
$262,000 1,310 4,500 - 6,500 sqft 3 2 99 0 0 49
$209,950 1,473 0 - 4,500 sqft 3 1.8 87 0 1 24
$173,450 1,136 0 - 4,500 sqft 3 1.8 119 0 1 56