Is Medinah, IL 60157 a buyer’s or seller’s market?
Medinah is a seller’s market. With about 2.6 months of supply and 80% 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 Medinah housing market right now
In the three months ending August 31, 2026, 80% of homes in Medinah, IL 60157 sold above their list price, the typical home went under contract in 40 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 71%, homes sold more slowly (35 days then) and the median sale price rose 31% to $735,682. Overall, Medinah is more competitive than a year ago, so tougher for buyers.
Within DuPage County, homes here sell faster than in 94% 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 Wayne 60184 (20% sold over asking) or Oak Brook 60523 (23% sold over asking).
Run the numbers for 60157
Nearby markets
Addison 60101Seller’s market $233 /sq ftAurora 60502Seller’s market $225 /sq ftAurora 60504Seller’s market $219 /sq ftBartlett 60103Seller’s market $232 /sq ft Browse all markets →Towns like Medinah nearby
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Questions about Medinah real estate
Is Medinah a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Medinah, IL 60157 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 Medinah?
The typical home went under contract in 40 days in the latest three months.
Do homes in Medinah sell over asking?
80% of homes sold above their original list price, and the typical sale closed at 112.8% of the list price.
What are property taxes in Medinah?
About 2.05% of a home’s value a year in DuPage County, or roughly $8,200 on a $400,000 home.
What is the median home price in Medinah?
The median sale price was $735,682 in the three months ending August 31, 2026, about $233 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