Is Steger, IL 60475 a buyer’s or seller’s market?
Steger is a seller’s market. With about 2.8 months of supply and 37% 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.
More competitive than 54% of U.S. ZIP codes, and #351 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Steger housing market right now
In the three months ending August 31, 2026, 37% of homes in Steger, IL 60475 sold above their list price, the typical home went under contract in 70 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 31 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 39%, homes sold about as fast and the median sale price rose 13% to $187,034. Overall, Steger is less competitive than a year ago, which gives buyers more room.
Within Cook County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in 73%. On our competition score, Steger ranks #351 of 464 IL ZIP codes with enough sales (score 53 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.
Run the numbers for 60475
Nearby markets
Alsip 60803Seller’s market $202 /sq ftArlington Heights 60004Seller’s market $280 /sq ftArlington Heights 60005Seller’s market $261 /sq ftBarrington 60010Seller’s market $255 /sq ft Browse all markets →Towns like Steger nearby
Find towns like Steger in other states →Where Steger is
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Questions about Steger real estate
Is Steger a buyer’s or seller’s market?
A seller’s market: there were 2.8 months of supply in Steger, IL 60475 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 Steger?
The typical home went under contract in 70 days in the latest three months.
Do homes in Steger sell over asking?
37% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.
What are property taxes in Steger?
About 1.91% of a home’s value a year in Cook County, or roughly $7,640 on a $400,000 home.
What is the median home price in Steger?
The median sale price was $187,034 in the three months ending August 31, 2026, about $137 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