Is Dundee, IL 60118 a buyer’s or seller’s market?

The Dundee housing market right now

In the three months ending August 31, 2026, 36% of homes in Dundee, IL 60118 sold above their list price, the typical home went under contract in 51 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 100 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 47%, homes sold more slowly (48 days then) and the median sale price held steady to $407,123. Overall, Dundee is less competitive than a year ago, which gives buyers more room.

Within Kane County, homes here sell more slowly than in 76% of the county’s ZIP codes, and sell less often over asking than in 82%. On our competition score, Dundee ranks #209 of 464 IL ZIP codes with enough sales (score 69 out of 100).

Nearby, buyers who want less competition could look at Hampshire 60140 (32% sold over asking) or Elgin 60124 (33% sold over asking), while Carpentersville 60110 (60% sold over asking) and Saint Charles 60174 (52% sold over asking) are even more competitive.