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All Blogs (13)Housing Market (8)
  • Are Home Prices Rising or Falling in Arlington Heights, IL?,Laura Shulman

    Are Home Prices Rising or Falling in Arlington Heights, IL?

    Arlington Heights, a city near Chicago, IL, has seen home prices rise at a steady but moderate clip. The median sale price is $497,171, up 4.7% from a year ago, putting it above both the national median and the broader metro's typical price point. Here's why prices are moving this way and what it me

  • Are Home Prices Rising or Falling in Schaumburg, IL?,Laura Shulman

    Are Home Prices Rising or Falling in Schaumburg, IL?

    The housing market in Schaumburg, a city near Chicago, IL, continues to heat up. The median sale price rose 9.6% year over year to $372,753, well above the national pace and one of the stronger gains among the larger suburbs northwest of Chicago. Here's what the data shows and what buyers and seller

  • How Walkable is Arlington Heights, IL?,Laura Shulman

    How Walkable is Arlington Heights, IL?

    The highest-scoring suburb that's not Evanston: Arlington Heights near Chicago, IL earns a Walk Score of 48. That puts it in the "Somewhat Walkable" range, with a downtown district that offers genuine pedestrian utility. The village's Metra station area has evolved into one of the suburb's most walk

  • How Walkable is Schaumburg, IL?,Laura Shulman

    How Walkable is Schaumburg, IL?

    For a suburb built around a mall and subdivided communities, Schaumburg near Chicago, IL has a surprisingly high Walk Score of 43. The village's concentration of commercial development along Golf Road and Higgins Road gives some neighborhoods better pedestrian access than many peer communities offer

  • Cook County, IL Housing Market Update: July 2026,Redfin Economics Team

    Cook County, IL Housing Market Update: July 2026

    Key Takeaways Cook County home prices surged nearly 9% year over year in July—triple the national rate of 3%—as shrinking inventory fueled intense competition. The median sale price reached $396,338, up 8.6% year over year, while active listings fell 3% and nearly half of homes sold above asking. Na

  • How Competitive is the Arlington Heights, IL Housing Market?,Laura Shulman

    How Competitive is the Arlington Heights, IL Housing Market?

    Arlington Heights, a city near Chicago, IL, is a highly competitive housing market. About 55% of homes sold above list price in the 3 months ending June 2026, with homes selling at 102% of asking on average. The National Picture Across the U.S., 24.6% of homes sold above list price in June 2026. Arl

  • How Competitive is the Schaumburg, IL Housing Market?,Laura Shulman

    How Competitive is the Schaumburg, IL Housing Market?

    Schaumburg, a city near Chicago, IL, is a highly competitive housing market. About 52% of homes sold above list price in the 3 months ending June 2026, with homes selling at 101% of asking on average. The National Picture Nationally, about 25% of homes sold above asking in June 2026 with a median of

  • Cook County, IL Housing Market Update: June 2026,Redfin Economics Team

    Cook County, IL Housing Market Update: June 2026

    Key Takeaways Cook County crossed a milestone in June: more than half of homes sold above their asking price for the first time since mid-2022, while national above-list rates remained near historic lows. The median sale price reached $398,875, up 6% year over year—triple the national rate of price

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