Photo: author: Joseph E. Lobocki · CC BY 2.0271 homes sold in Rolling Meadows in the last year, at a typical $329K
Houses and condos split the market almost evenly. 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 Rolling Meadows homes are listed.
Every place Rolling Meadows 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 Rolling Meadows.
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.
A third of Rolling Meadows’ sales are condos, at $173K less than a house
131 houses and 96 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 131 sold in 12 months
- Per square foot
- $267IL $180
- Days to sell
- 46
- Sold over asking
- 52%
- Listings with a price cut
- 13%
typical sale · 96 sold in 12 months
- Per square foot
- $210IL $251
- Days to sell
- 50
- Sold over asking
- 36%
- Listings with a price cut
- 14%
Townhouses: 44 sold, typical $378K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.6 times the 2016 price
271 sales in the last year, against 534 in 2021 and a low of 264 in 2023. The typical sale went from $206K in 2016 to $329K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $350K buys in Rolling Meadows
Check a listing against what Rolling Meadows 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 Rolling Meadows are more common than before the pandemic, but 57% fewer homes come up for sale
We read every month of Rolling Meadows’ 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, 271 sales.
If you’re buying in Rolling Meadows
- Shop in March. It brings about 47 new listings a month, close to the busiest month, with fewer bidding wars (32% over asking).
- Less room to haggle. Only 13% of listings cut their price, against 25% before the pandemic.
- Bid near asking. Buyers paid 100.7% of the list price on average; 44% paid over.
- Move fast on good ones. 57% of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 49 a month), and the most competition: 38% close over asking. March and April offer nearly as much choice with fewer homes bid up (32%). January has the least competition (20%) but only about 26 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Illinois
| Rolling Meadows now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 44% | 17% | 34% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 57% | 37% | 51% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 13% | 25% | 27% | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 100.7% | 97.1% | 99% | 99.2% |
| Days to sellMedian days from listing to contract | 47 | 58 | 19 | 49 |
51 homes for sale on a typical day
That’s 1.3 times the 2023 low (38), 57% fewer than in 2017–19 and well under 2019’s 134.
1 in 8 listings has cut its price
13% in the last year, against 25% in 2017–19 and 19% across Illinois.
Since 2019, houses are up 51%, condos 63%
A house typically sold for $381K in the last year (131 sales), a condo for $208K (96).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Rolling Meadows ranks 81st of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Rolling Meadows is one of the state’s hottest markets.
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 Rolling Meadows home costs about $2,274 a month
Price: Rolling Meadows’ typical sale, last 12 months. Property tax at Rolling Meadows’ 2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Rolling Meadows is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 15.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $329K home, about $6,690 a year.
Taxes vs. neighborsSchools
The schools grade for Rolling Meadows, from test results, graduation and how much students grow.
Schools in Rolling MeadowsTypical commute
The average one-way trip to work for people who live in Rolling Meadows.
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.
Wheeling Township sells for less a square foot
The busier markets within 25 miles of Rolling Meadows, 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 | |
|---|---|---|---|---|---|
| Schaumburg | 954 | $330K | $241 | 42% | 49 |
| Arlington Heights | 906 | $470K | $269 | 45% | 45 |
| Palatine | 873 | $363K | $232 | 45% | 48 |
| Mount Prospect | 536 | $428K | $259 | 45% | 46 |
| Wheeling Township | 363 | $306K | $222 | 38% | 56 |
| Rolling Meadows | 271 | $329K | $237 | 44% | 47 |
| Inverness | 103 | $803K | $239 | 27% | 63 |
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 Rolling Meadows, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Rolling Meadows. People who follow the town see it, and so do people comparing Rolling Meadows with their own town. No commission, no listing fee.
Questions about buying a home in Rolling Meadows
What do homes sell for in Rolling Meadows, IL?
271 homes sold in the year to May 2026 at a typical $329K, $237 a square foot. Houses sold for about $381K, condos for about $208K.
Is Rolling Meadows a buyer’s or seller’s market?
A seller’s market: 68 homes were for sale in May 2026 and 28 sold, about 2.4 months of supply. Buyers paid 100.7% of asking on average, and 13% of listings cut their price.
When is the best time to buy in Rolling Meadows?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Rolling Meadows?
About 2% of a home’s value a year. On a $329K home that’s near $6,690.
Where can I see homes for sale in Rolling Meadows?
Zillow, Redfin, Realtor.com and Homes.com all carry Rolling Meadows’ MLS listings; the search links above open each one filtered to Rolling Meadows.
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).