Is Schaumburg, IL 60193 a buyer’s or seller’s market?

The Schaumburg housing market right now

In the three months ending August 31, 2026, 47% of homes in Schaumburg, IL 60193 sold above their list price, the typical home went under contract in 44 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 216 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 51%, homes sold about as fast and the median sale price rose 9% to $385,333. Overall, Schaumburg is less competitive than a year ago, which gives buyers more room.

Within Cook County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in 54%. On our competition score, Schaumburg ranks #126 of 464 IL ZIP codes with enough sales (score 76 out of 100).

Nearby, buyers who want less competition could look at Thornton 60476 (14% sold over asking) or Chicago 60604 (17% sold over asking), while Golf 60029 (100% sold over asking) and Berkeley 60163 (75% sold over asking) are even more competitive.