Schaumburg, IL Home Values & Market Trends

Real estate market trends reflect that there have been 1,200 transactions over the past year in Schaumburg. The median value for residential home transactions that occurred over the previous year is $409,816. The number of current listings in Schaumburg is 661, and the percentage of properties for sale in the city is 661.00%. Schaumburg, IL currently has 65 properties in foreclosure, 3 bank owned properties, 8 properties headed for auction, and 661 properties for sale.

Schaumburg, IL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
60193

$ 421,109

$ 269/sqft

60195

$ 518,143

$ 239/sqft

60194

$ 353,723

$ 244/sqft

60196

$ --

$ --

60173

$ 408,555

$ 275/sqft

Housing Market Summary for Schaumburg, IL

Oct 2025October 2026Change
Median Listing Price$369.9K$389K5.16%
Median Sold Price$334.9K$341.8K2.06%
Homes For Sale50966129.86%
Homes Sold667584-12.44%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Schaumburg, IL

Schaumburg home values range from $151,685 to $1,170,022. The median estimated value of a home in Schaumburg is $409,816. The median list price of a home is 389,000, and the total count of properties in the city is 1,375.

Foreclosure
There are 5 zips within Schaumburg, IL; within these zips, the median estimated home value for homes in foreclosure ranges from $489,093 in 60193 to the lowest value of $166,583 in 60193. Foreclosure homes account for 4.00% of properties in Schaumburg, IL with 60193 containing 40 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 3.93% of all residential properties in Schaumburg, IL with 60193 containing 33 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Schaumburg, IL; of those zips, the estimated home value for pre-foreclosure homes ranges from $622,991 in 60195 to the lowest home value of $166,583 in 60193.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Schaumburg, IL ranges from the highest value of $371,388 in 60193 to the lowest value of $184,900 in 60193. Bank owned homes and properties account for 0.22% of properties in Schaumburg, IL. There are 5 zips within Schaumburg, IL; 60193 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60193 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Schaumburg, IL. Auction homes and other auction properties account for 0.58% of all properties in Schaumburg, IL. There are 5 zips within Schaumburg, IL; of those zips, the median estimated home value for homes going to auction ranges from $477,259 in 60193 to the lowest value of $188,996 in 60193.
Homes for Sale
Homes and properties that are actively listed for sale account for 48.07% of residential properties in Schaumburg, IL with 60193 containing 399 homes for sale, the highest number of listed properties in a single zip. There are 5 zips within Schaumburg, IL; homes for sale in those zips, have a range of median values from $711,321 in 60194 to the lowest value of $153,889 in 60193.
    Sold Homes
    The median value for recently sold homes ranges from $552,372 in 60195 to the lowest price of $151,685 in 60195. There are 5 zips within Schaumburg, IL. 60193 has 344 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 42.47% of properties in Schaumburg, IL.

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      Guide for Schaumburg, IL

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.