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Market Intelligence · IL / Cook County

Schaumburg, IL home prices and housing market

4 ZIP markets liveData updated September 2026Typical value$350K1-yr changeUp4.6%

The typical home value in Schaumburg, IL is $350K as of September 2026, up 4.6% from a year ago, based on the Zillow Home Value Index. In the typical Schaumburg ZIP code, the median list price is $500K and homes spend a median of 32 days on market as of September 2026 (Realtor.com).

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The coverage

Schaumburg, by the numbers.

Typical home valueZillow ZHVI, September 2026
$350K
1-yr changeMedian across Schaumburg ZIPs
+4.6%
ZIP markets live7 tracked in Schaumburg
4
County
Cook County

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12-month value trend

+4.6% over 12 months

Typical home value in Schaumburg over the last 12 months: $335K in Sep 2025 to $350K in Sep 2026 (+4.6%).

Sep 2025$335K

Sep 2026$350K

Median Zillow home value index across Schaumburg's ZIP codes.

Context

The typical Schaumburg home value is $350,094, up 4.6% over the past year as of September 2026. Sellers are listing at a median list price of $500,000, while homes spend a median of 32 days on the market. Inventory is modest, with 127 homes for sale and 74 new listings coming on in September 2026. About 16.1% of listings have had a price cut, so pricing matters. For a Schaumburg homeowner weighing a sale, the data points to a market where values are still rising and well-priced homes move at a steady pace.

The numbers

What is the housing market like in Schaumburg, IL?

Typical home value

$350K

Up4.6%YoY

Median list price

$500K

Days on market

32

Homes for sale

127

Price cuts

16.1%

New listings

74

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Schaumburg's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Schaumburg, IL home prices over time

Typical home values in Schaumburg, IL are up 4.6% over the past year, from $335K in September 2025 to $350K in September 2026.

Typical home value in Schaumburg, IL, September of each year
MonthTypical value1-yr change
September 2026$350,094+4.6%
September 2025$334,770No prior year

Typical value is the median Zillow Home Value Index across Schaumburg ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Schaumburg, IL a buyer's or seller's market?

Schaumburg, IL is roughly balanced between buyers and sellers.

These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction.

Based on a median of 32 days on market and 16% of listings with a price cut in the typical Schaumburg ZIP code, and 74 new listings against 127 active listings across Schaumburg, as of September 2026 (Realtor.com).

The outlook

Schaumburg housing market forecast 2027

+2.1%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 4 Schaumburg ZIP codes, points to typical home values rising 2.1% by September 2027.

Over the 12 months through September 2026, typical home values in Schaumburg rose 4.6%, per the Zillow Home Value Index.

Will home prices drop in Schaumburg?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Schaumburg shows typical home values rising 2.1% by September 2027, after a 4.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 4 Schaumburg ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Schaumburg?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 7 Schaumburg ZIP codes in total; the remaining 3 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Schaumburg, IL home prices.

How much is a home in Schaumburg worth?

The typical home value in Schaumburg is $350,094, up 4.6% over the past year as of September 2026. That is a citywide figure, so an individual home may be worth more or less.

How long does it take to sell a home in Schaumburg?

Homes in Schaumburg spend a median of 32 days on the market as of September 2026. About 16.1% of listings have taken a price cut, which suggests overpriced homes sit longer.

How many homes are for sale in Schaumburg?

There are 127 homes for sale in Schaumburg as of September 2026, with 74 new listings added that month. The median list price is $500,000.

Are home prices going up or down in Schaumburg, IL?

Typical home values in Schaumburg, IL are up 4.6% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Schaumburg, IL a buyer's or seller's market?

Schaumburg, IL is roughly balanced between buyers and sellers. These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction. Based on a median of 32 days on market and 16% of listings with a price cut in the typical Schaumburg ZIP code, and 74 new listings against 127 active listings across Schaumburg, as of September 2026 (Realtor.com).

Nearby markets

More Illinois housing markets.

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