Is North Chicago, IL 60064 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

North Chicago is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score55/ 100

More competitive than 56% of U.S. ZIP codes, and #339 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 supply4Under 4 months = seller’s market
Sold above original list58.3%Share of sales, last 3 months
Median sale-to-list98.2%Sold price ÷ list price
Median days on market58Listing to accepted offer
Median price per sq ft$156▲ +0.7% vs. last year

The North Chicago housing market right now

In the three months ending August 31, 2026, 58% of homes in North Chicago, IL 60064 sold above their list price, the typical home went under contract in 58 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 25 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 47%, homes sold more slowly (48 days then) and the median sale price rose 1% to $227,851. Overall, North Chicago is more competitive than a year ago, so tougher for buyers.

Within Lake County, homes here sell more slowly than in 96% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, North Chicago ranks #339 of 464 IL ZIP codes with enough sales (score 55 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).

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 North Chicago is

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Questions about North Chicago real estate

Is North Chicago a buyer’s or seller’s market?

A balanced market: there were 4 months of supply in North Chicago, IL 60064 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 North Chicago?

The typical home went under contract in 58 days in the latest three months.

Do homes in North Chicago sell over asking?

58% of homes sold above their original list price, and the typical sale closed at 98.2% of the list price.

What are property taxes in North Chicago?

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 North Chicago?

The median sale price was $227,851 in the three months ending August 31, 2026, about $156 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