The Waukegan housing market is very competitive. Homes in Waukegan receive 4 offers on average and sell in around 42 days. The median sale price of a home in Waukegan was $269K last month, up 14.1% since last year. The median sale price per square foot in Waukegan is $173, up 3.9% since last year.
What is the housing market like in Waukegan today?
In June 2025, Waukegan home prices were up 14.1% compared to last year, selling for a median price of $269K. On average, homes in Waukegan sell after 42 days on the market compared to 43 days last year. There were 54 homes sold in June this year, up from 50 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$268,750
+14.1% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Waukegan, IL
$268,750
+14.1%
United States
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How hot is the Waukegan housing market?
Waukegan is very competitive. Homes sell in 45 days.
0
100
71
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 45 days.
Hot homes
can sell for about 5% above list price and go pending in around 31 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Waukegan
Explore recent offers and recently sold homes in Waukegan
Recent offers
Offer Not Accepted|
6 Weeks Ago
~$150K Offer
Sold for $200K
3bd | 1ba | —sqft
Under List Price
19%
Days on Market
34
Competing Offers
5
Down Payment
<10%
Shane Vetter
Waukegan Redfin Agent
Lost to a cash offer with more than 5 offers. Needed over 50k in renovation
Offer Not Accepted|
7 Weeks Ago
~$150K Offer
Sold for $175K
3bd | 1.5ba | —sqft
Over List Price
3%
Days on Market
22
Competing Offers
4
Down Payment
<10%
Shane Vetter
Waukegan Redfin Agent
Was in multiple offer situation and cash offer won.
Offer Not Accepted|
10 Weeks Ago
~$200K Offer
Sold for $200K
2bd | 1ba | ~1,000sqft
Under List Price
5%
Days on Market
40
Competing Offers
3
Down Payment
<10%
Shane Vetter
Waukegan Redfin Agent
3 other offers competing. Couldn't offer any higher due to buyer's preapproval limit
Offer Not Accepted|
10 Weeks Ago
~$200K Offer
Sold for $200K
2bd | 1ba | ~1,000sqft
Under List Price
5%
Days on Market
40
Competing Offers
3
Down Payment
<10%
Shane Vetter
Waukegan Redfin Agent
Multiple Offer and client couldn't go any higher according to lender approval
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Waukegan housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Waukegan.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Waukegan has a minor risk of flooding. 1,569 properties in Waukegan are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Waukegan. Flood risk is increasing slower than the national average.
25% of properties are at risk of wildfire over the next 30 years
Fire Factor
Waukegan has a moderate risk of wildfire. There are 5,798 properties in Waukegan that have some risk of being affected by wildfire over the next 30 years. This represents 25% of all properties in Waukegan.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Waukegan has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Waukegan is most at risk from hurricanes. 22,611 properties in Waukegan have some risk of being in a severe wind event within the next 30 years.