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Housing in Mundelein

423 homes sold in Mundelein in the last year, at a typical $402K

About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Mundelein homes are listed.

Homes sold
423
October 2025 to September 2026
Typical sale price
$402K
houses $419K · condos $252K (year to May 2026)
Price per square foot
$231
Illinois $193
Paid vs. asking
100%
40% sold over asking
For sale now
101
September 2026 · 42 sold that month
What sold · last 12 months

5% of Mundelein’s sales are condos, at $167K less than a house

295 houses and 21 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$419K

typical sale · 295 sold in the year to May 2026

Per square foot
$226IL $180
Days to sell
45
Sold over asking
50%
Listings with a price cut
14%
Condos$252K

typical sale · 21 sold in the year to May 2026

Per square foot
$205IL $251
Days to sell
65
Sold over asking
24%
Listings with a price cut
33%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $412K
Townhouses: 101 sold, typical $375K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at twice the 2016 price

423 sales in the last year, against 590 in 2021 and a low of 385 in 2012. The typical sale went from $197K in 2016 to $402K.

Homes soldTypical sale price
0150300450600$200K$300K$400K$500K2012: 385 sold, typical $154K’122013: 504 sold, typical $153K2014: 449 sold, typical $173K’142015: 467 sold, typical $193K2016: 487 sold, typical $197K’162017: 481 sold, typical $233K2018: 462 sold, typical $228K’182019: 449 sold, typical $233K2020: 473 sold, typical $253K’202021: 590 sold, typical $284K2022: 460 sold, typical $317K’222023: 473 sold, typical $376K2024: 394 sold, typical $361K’242025: 421 sold, typical $390KLast 12 months: 423 sold, typical $402KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $400K buys in Mundelein

Houseat $226 a sq ft, year to May 2026
Condoat $205 a sq ft, year to May 2026
The same money in Illinoisat $180 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Mundelein homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Mundelein are more common than before the pandemic, but a third fewer homes come up for sale

We read every month of Mundelein’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 423 sales.

If you’re buying in Mundelein

  • Shop in March. It brings about 60 new listings a month, close to the busiest month, with fewer bidding wars (27% over asking).
  • Bid near asking. Buyers paid 100% of the list price on average; 40% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings the homes; summer brings the bidding wars

March has the most new listings (about 60 a month), but June is the most competitive: 37% of June sales close over asking. January has the least competition (18%) but only about 32 new listings.

New listings a monthShare sold over asking
01530456013%27%40%Sweet spotJan: 32 new listings a month, 18% sold over asking, 49 days to sellJFeb: 46 new listings a month, 25% sold over asking, 64 days to sellFMar: 60 new listings a month, 27% sold over asking, 56 days to sellMApr: 54 new listings a month, 35% sold over asking, 39 days to sellAMay: 57 new listings a month, 34% sold over asking, 40 days to sellMJun: 58 new listings a month, 37% sold over asking, 38 days to sellJJul: 55 new listings a month, 33% sold over asking, 39 days to sellJAug: 46 new listings a month, 33% sold over asking, 38 days to sellASep: 40 new listings a month, 27% sold over asking, 41 days to sellSOct: 38 new listings a month, 29% sold over asking, 44 days to sellONov: 25 new listings a month, 27% sold over asking, 51 days to sellNDec: 21 new listings a month, 24% sold over asking, 51 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Illinois as a whole

Mundelein now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price40%19%40%36%
Gone within two weeksShare of homes under contract within 14 days52%42%56%45%
Price paid vs. askingAverage sale price ÷ list price100%97.7%99.8%99%
Days to sellMedian days from listing to contract49591151
Supply

80 homes for sale on a typical day

That’s 1.3 times the 2021 low (61), 34% fewer than in 2017–19 and well under 2012’s 170.

2012: 170 for sale’122013: 123 for sale2014: 130 for sale2015: 124 for sale’152016: 114 for sale2017: 118 for sale2018: 118 for sale’182019: 127 for sale2020: 81 for sale2021: 61 for sale’212022: 107 for sale2023: 74 for sale2024: 67 for sale’242025: 83 for saleLast 12 months: 80 for saleNow
Prices by type

Since 2019, houses are up 48%, condos 67%

A house typically sold for $419K in the year to May 2026 (295 sales), a condo for $252K (21).

$125K$250K$375K$500K2013201520172019202120232025NowHouses 2013: $178K, 373 salesHouses 2014: $197K, 328 salesHouses 2015: $219K, 362 salesHouses 2016: $229K, 360 salesHouses 2017: $251K, 392 salesHouses 2018: $253K, 335 salesHouses 2019: $282K, 324 salesHouses 2020: $276K, 379 salesHouses 2021: $311K, 432 salesHouses 2022: $332K, 317 salesHouses 2023: $384K, 290 salesHouses 2024: $381K, 242 salesHouses 2025: $405K, 293 salesHouses last 12 months: $419K, 295 salesHouses $419KCondos 2013: $93K, 43 salesCondos 2014: $97K, 32 salesCondos 2015: $103K, 26 salesCondos 2016: $118K, 28 salesCondos 2017: $131K, 16 salesCondos 2018: $131K, 22 salesCondos 2019: $151K, 26 salesCondos 2020: $151K, 22 salesCondos 2021: $174K, 22 salesCondos 2022: $170K, 25 salesCondos 2023: $245K, 16 salesCondos 2024: $240K, 19 salesCondos 2025: $260K, 19 salesCondos last 12 months: $252K, 21 salesCondos $252K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Illinois

Mundelein ranks 123rd of 327 busy Illinois markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Mundelein is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Mundelein home costs about $3,006 a month

Mortgage
Property tax
Insurance
Rent

Price: Mundelein’s typical sale, last 12 months. Property tax at Mundelein’s 2.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Mundelein is affordable on local pay is on Cost of living.

Before you buy in Mundelein

Six things worth knowing

60

New listings in March

The month with the most choice. December has the fewest, about 21.

Best time to buy
2.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $402K home, about $10,910 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Mundelein, from test results, graduation and how much students grow.

Schools in Mundelein
28 min

Typical commute

The average one-way trip to work for people who live in Mundelein.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Grayslake and Hainesville sell for less a square foot

The busier markets within 25 miles of Mundelein, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Mundelein423$402K$23140%49
Vernon Hills313$456K$24038%51
Grayslake292$371K$20352%47
Libertyville274$635K$28445%47
Hawthorn Woods144$770K$24434%89
Hainesville45$310K$18050%60
Forest Lake25$457K$24037%62

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Mundelein, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Mundelein. People who follow the town see it, and so do people comparing Mundelein with their own town. No commission, no listing fee.

Questions about buying a home in Mundelein

What do homes sell for in Mundelein, IL?

423 homes sold in the year to September 2026 at a typical $402K, $231 a square foot. Houses sold for about $419K, condos for about $252K in the year to May 2026.

Is Mundelein a buyer’s or seller’s market?

A seller’s market: 101 homes were for sale in September 2026 and 42 sold, about 2.4 months of supply. Buyers paid 100% of asking on average.

When is the best time to buy in Mundelein?

March brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Mundelein?

About 2.7% of a home’s value a year. On a $402K home that’s near $10,910.

Where can I see homes for sale in Mundelein?

Zillow, Redfin, Realtor.com and Homes.com all carry Mundelein’s MLS listings; the search links above open each one filtered to Mundelein.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).