118 homes sold in Volo in the last year, at a typical $342K
Most homes sold are condos. 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 Volo homes are listed.
Every place Volo 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 Volo.
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.
Houses are 31% of Volo’s sales, at a typical $427K
118 homes sold in the year to May 2026.
typical sale · 37 sold in 12 months
- Per square foot
- $174IL $180
- Days to sell
- 53
- Sold over asking
- 41%
- Listings with a price cut
- 29%
Townhouses: 75 sold, typical $317K
Condos: 6 sold, typical $240K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2021, at twice the 2016 price
118 sales in the last year, against 213 in 2020 and a low of 64 in 2024. The typical sale went from $174K in 2016 to $342K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $350K buys in Volo
Check a listing against what Volo 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 Volo are back to pre-pandemic levels, but 41% fewer homes come up for sale
We read every month of Volo’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, 118 sales.
If you’re buying in Volo
- Shop in March. It brings about 20 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
- Less room to haggle. Only 18% of listings cut their price, against 23% before the pandemic.
- Bid near asking. Buyers paid 99.6% of the list price on average; 29% paid over.
- You’ll usually have time. Only 43% of homes go under contract within two weeks; the typical one takes 77 days.
Spring brings both the most homes and the most bidding wars
March has the most new listings (about 20 a month), but April is the most competitive: 45% of April sales close over asking. October has the least competition (20%) but only about 11 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Illinois
| Volo now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 29% | 25% | 48% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 43% | 33% | 57% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 18% | 23% | 22% | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 99.6% | 98.9% | 100.7% | 99.2% |
| Days to sellMedian days from listing to contract | 77 | 76 | 11 | 49 |
36 homes for sale on a typical day
That’s 2.8 times the 2023 low (13), 41% fewer than in 2017–19 and well under 2019’s 65.
1 in 6 listings has cut its price
18% in the last year, against 23% in 2017–19 and 19% across Illinois.
Since 2019, houses are up 69%, condos 72%
A house typically sold for $427K in the last year (37 sales), a condo for $240K (6).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Volo ranks 263rd of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Volo is one of the state’s calmer 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 Volo home costs about $2,639 a month
Price: Volo’s typical sale, last 12 months. Property tax at Volo’s 3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Volo is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in March
The month with the most choice. December has the fewest, about 6.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $342K home, about $10,240 a year.
Taxes vs. neighborsSchools
The schools grade for Volo, from test results, graduation and how much students grow.
Schools in VoloCheck 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.
Round Lake and Round Lake Park sell for less a square foot
The busier markets within 25 miles of Volo, 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 | |
|---|---|---|---|---|---|
| Round Lake | 217 | $315K | $168 | 41% | 52 |
| Wauconda | 182 | $373K | $185 | 39% | 46 |
| Volo | 118 | $342K | $174 | 29% | 77 |
| Lakemoor | 114 | $321K | $178 | 45% | 48 |
| Island Lake | 107 | $305K | $212 | 46% | 43 |
| Round Lake Park | 93 | $221K | $154 | 38% | 54 |
| Long Lake | 38 | $241K | $190 | 53% | 47 |
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 Volo, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Volo. People who follow the town see it, and so do people comparing Volo with their own town. No commission, no listing fee.
Questions about buying a home in Volo
What do homes sell for in Volo, IL?
118 homes sold in the year to May 2026 at a typical $342K, $174 a square foot.
Is Volo a buyer’s or seller’s market?
A seller’s market: 36 homes were for sale in May 2026 and 14 sold, about 2.6 months of supply. Buyers paid 99.6% of asking on average, and 18% of listings cut their price.
When is the best time to buy in Volo?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Volo?
About 3% of a home’s value a year. On a $342K home that’s near $10,240.
Where can I see homes for sale in Volo?
Zillow, Redfin, Realtor.com and Homes.com all carry Volo’s MLS listings; the search links above open each one filtered to Volo.
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).