Altos Market Data for Realtors
Waukegan, IL 60085
Single-Family Homes
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Waukegan, IL 60085
Wed Jul 09 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.
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
| 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 |