Is Arlington Heights, IL 60005 a buyer’s or seller’s market?
Arlington Heights is a seller’s market. With about 1.8 months of supply and 46% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 83% of U.S. ZIP codes, and #109 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Arlington Heights housing market right now
In the three months ending August 31, 2026, 46% of homes in Arlington Heights, IL 60005 sold above their list price, the typical home went under contract in 42 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 128 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 51%, homes sold about as fast and the median sale price fell 11% to $427,315. Overall, Arlington Heights is less competitive than a year ago, which gives buyers more room.
Within Cook County, homes here sell faster than in 77% of the county’s ZIP codes, and sell more often over asking than in 52%. On our competition score, Arlington Heights ranks #109 of 464 IL ZIP codes with enough sales (score 78 out of 100).
Nearby, buyers who want less competition could look at Thornton 60476 (14% sold over asking) or Chicago 60604 (17% sold over asking), while Golf 60029 (100% sold over asking) and Berkeley 60163 (75% sold over asking) are even more competitive.
Run the numbers for 60005
Nearby markets
Alsip 60803Seller’s market $202 /sq ftArlington Heights 60004Seller’s market $280 /sq ftBarrington 60010Seller’s market $255 /sq ftBellwood 60104Seller’s market $219 /sq ft Browse all markets →Towns like Arlington Heights nearby
Find towns like Arlington Heights in other states →Where Arlington Heights is
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Questions about Arlington Heights real estate
Is Arlington Heights a buyer’s or seller’s market?
A seller’s market: there were 1.8 months of supply in Arlington Heights, IL 60005 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Arlington Heights?
The typical home went under contract in 42 days in the latest three months.
Do homes in Arlington Heights sell over asking?
46% of homes sold above their original list price, and the typical sale closed at 100.9% of the list price.
What are property taxes in Arlington Heights?
About 1.91% of a home’s value a year in Cook County, or roughly $7,640 on a $400,000 home.
What is the median home price in Arlington Heights?
The median sale price was $427,315 in the three months ending August 31, 2026, about $261 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology