Photo: Jefe317 · CC BY-SA 3.085 homes sold in North Chicago in the last year, at a typical $250K
About one sale in 4 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 North Chicago homes are listed.
Every place North Chicago homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to North Chicago.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
16% of North Chicago’s sales are condos, at $1K more than a house
47 houses and 14 condos sold in the year to May 2026. Condos sell faster and draw more bidding wars.
typical sale · 47 sold in 12 months
- Per square foot
- $177IL $180
- Days to sell
- 62
- Sold over asking
- 43%
- Listings with a price cut
- 15%
typical sale · 14 sold in 12 months
- Per square foot
- $180IL $251
- Days to sell
- 52
- Sold over asking
- 50%
- Listings with a price cut
- 29%
Multi-family (2–4 units): 15 sold, typical $273K
Townhouses: 9 sold, typical $347K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2023, at 3.7 times the 2016 price
85 sales in the last year, against 158 in 2022 and a low of 112 in 2025. The typical sale went from $68K in 2016 to $250K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in North Chicago
Check a listing against what North Chicago 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.
Bidding wars in North Chicago are more common than before the pandemic, but a quarter fewer homes come up for sale
We read every month of North Chicago’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 May 2026, 85 sales.
If you’re buying in North Chicago
- Shop in August. It brings about 16 new listings a month, close to the busiest month, with fewer bidding wars (28% over asking).
- Less room to haggle. Only 16% of listings cut their price, against 20% before the pandemic.
- Bid near asking. Buyers paid 98.9% of the list price on average; 41% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings the homes; spring brings the bidding wars
July has the most new listings (about 18 a month), but April is the most competitive: 45% of April sales close over asking. August offers nearly as much choice with fewer homes bid up (28%). February has the least competition (24%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Illinois as a whole
| North Chicago now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 41% | 27% | 36% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 49% | 37% | 48% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 16% | 20% | 20% | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 98.9% | 96.7% | 98.2% | 99.2% |
| Days to sellMedian days from listing to contract | 57 | 59 | 17 | 49 |
28 homes for sale on a typical day
That’s 27% fewer than in 2017–19 and well under 2012’s 73.
1 in 6 listings has cut its price
16% in the last year, against 20% in 2017–19 and 19% across Illinois.
Since 2019, houses are up 110%, condos 122%
A house typically sold for $228K in the last year (47 sales), a condo for $229K (14).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
North Chicago ranks 126th of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. North Chicago is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical North Chicago home costs about $1,822 a month
Price: North Chicago’s typical sale, last 12 months. Property tax at North Chicago’s 2.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether North Chicago is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. December has the fewest, about 9.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $250K home, about $6,220 a year.
Taxes vs. neighborsSchools
The schools grade for North Chicago, from test results, graduation and how much students grow.
Schools in North ChicagoTypical commute
The average one-way trip to work for people who live in North Chicago.
Work & commuteCheck 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 hazardsLook 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.
No busy market nearby sells for less a square foot; Lake Bluff, Knollwood, Green Oaks and Lake Forest for far more
The busier markets within 25 miles of North Chicago, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Waukegan | 482 | $256K | $176 | 47% | 54 |
| Gurnee | 361 | $383K | $190 | 38% | 51 |
| Lake Forest | 316 | $1.2M | $369 | 35% | 60 |
| Lake Bluff | 94 | $1.2M | $422 | 43% | 67 |
| North Chicago | 85 | $250K | $180 | 41% | 57 |
| Green Oaks | 51 | $849K | $274 | 41% | 53 |
| Knollwood | 23 | $493K | $254 | 52% | 68 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to North Chicago, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to North Chicago. People who follow the town see it, and so do people comparing North Chicago with their own town. No commission, no listing fee.
Questions about buying a home in North Chicago
What do homes sell for in North Chicago, IL?
85 homes sold in the year to May 2026 at a typical $250K, $180 a square foot. Houses sold for about $228K, condos for about $229K.
Is North Chicago a buyer’s or seller’s market?
A buyer’s market: 43 homes were for sale in May 2026 and 6 sold, about 7.2 months of supply. Buyers paid 98.9% of asking on average, and 16% of listings cut their price.
When is the best time to buy in North Chicago?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in North Chicago?
About 2.5% of a home’s value a year. On a $250K home that’s near $6,220.
Where can I see homes for sale in North Chicago?
Zillow, Redfin, Realtor.com and Homes.com all carry North Chicago’s MLS listings; the search links above open each one filtered to North Chicago.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).