Is Ringwood, IL 60072 a buyer’s or seller’s market?
Ringwood is a seller’s market. With about 2.1 months of supply and 100% 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.
The Ringwood housing market right now
In the three months ending August 31, 2026, 100% of homes in Ringwood, IL 60072 sold above their list price, the typical home went under contract in 36 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (100% then), homes sold faster (52 days then) and the median sale price rose 20% to $579,749. Overall, Ringwood is more competitive than a year ago, so tougher for buyers.
Within McHenry County, homes here sell faster than in 88% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Union 60180 (0% sold over asking) or Richmond 60071 (8% sold over asking).
Run the numbers for 60072
Nearby markets
Algonquin 60102Seller’s market $206 /sq ftCary 60013Seller’s market $190 /sq ftCrystal Lake 60012Seller’s market $198 /sq ftCrystal Lake 60014Seller’s market $193 /sq ft Browse all markets →Where Ringwood is
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Questions about Ringwood real estate
Is Ringwood a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Ringwood, IL 60072 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 Ringwood?
The typical home went under contract in 36 days in the latest three months.
Do homes in Ringwood sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 101.0% of the list price.
What are property taxes in Ringwood?
About 2.36% of a home’s value a year in McHenry County, or roughly $9,440 on a $400,000 home.
What is the median home price in Ringwood?
The median sale price was $579,749 in the three months ending August 31, 2026, about $157 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