Is Marengo, IL 60152 a buyer’s or seller’s market?

The Marengo housing market right now

In the three months ending August 31, 2026, 45% of homes in Marengo, IL 60152 sold above their list price, the typical home went under contract in 49 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. That’s based on 41 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 51%, homes sold faster (53 days then) and the median sale price rose 15% to $349,799. Overall, Marengo is less competitive than a year ago, which gives buyers more room.

Within McHenry County, homes here sell faster than in 59% of the county’s ZIP codes, and sell more often over asking than in 71%. On our competition score, Marengo ranks #164 of 464 IL ZIP codes with enough sales (score 73 out of 100).

Nearby, buyers who want less competition could look at Union 60180 (0% sold over asking) or Richmond 60071 (8% sold over asking), while Ringwood 60072 (100% sold over asking) and Hebron 60034 (60% sold over asking) are even more competitive.