Is Grayslake, IL 60030 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Grayslake is a seller’s market. With about 1.9 months of supply and 52% 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.

Competition score79/ 100

More competitive than 85% of U.S. ZIP codes, and #88 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

Months of supply1.9Under 4 months = seller’s market
Sold above original list52.3%Share of sales, last 3 months
Median sale-to-list101.2%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$200▲ +4.8% vs. last year

The Grayslake housing market right now

In the three months ending August 31, 2026, 52% of homes in Grayslake, IL 60030 sold above their list price, the typical home went under contract in 43 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 177 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 50%, homes sold about as fast and the median sale price rose 15% to $390,831. Overall, Grayslake is about as competitive as it was a year ago.

Within Lake County, homes here sell faster than in 92% of the county’s ZIP codes, and sell more often over asking than in 88%. On our competition score, Grayslake ranks #88 of 464 IL ZIP codes with enough sales (score 79 out of 100).

Nearby, buyers who want less competition could look at Fox Lake 60020 (26% sold over asking) or Highwood 60040 (33% sold over asking), while North Chicago 60064 (58% sold over asking) and Zion 60099 (54% sold over asking) are even more competitive.

Nearby markets

Antioch 60002Seller’s market $184 /sq ftBuffalo Grove 60089Seller’s market $245 /sq ftDeerfield 60015Seller’s market $302 /sq ftFox Lake 60020Seller’s market $185 /sq ft Browse all markets →

Where Grayslake is

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Questions about Grayslake real estate

Is Grayslake a buyer’s or seller’s market?

A seller’s market: there were 1.9 months of supply in Grayslake, IL 60030 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 Grayslake?

The typical home went under contract in 43 days in the latest three months.

Do homes in Grayslake sell over asking?

52% of homes sold above their original list price, and the typical sale closed at 101.2% of the list price.

What are property taxes in Grayslake?

About 2.58% of a home’s value a year in Lake County, or roughly $10,320 on a $400,000 home.

What is the median home price in Grayslake?

The median sale price was $390,831 in the three months ending August 31, 2026, about $200 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