Is Mundelein, IL 60060 a buyer’s or seller’s market?

The Mundelein housing market right now

In the three months ending August 31, 2026, 38% of homes in Mundelein, IL 60060 sold above their list price, the typical home went under contract in 45 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 161 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 42%, homes sold faster (49 days then) and the median sale price held steady to $409,318. Overall, Mundelein is about as competitive as it was a year ago.

Within Lake County, homes here sell faster than in 72% of the county’s ZIP codes, and sell less often over asking than in 84%. On our competition score, Mundelein ranks #216 of 464 IL ZIP codes with enough sales (score 68 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.