Photo: edward P. steinburg desnged · CC BY-SA 3.0481 homes sold in Waukegan in the last year, at a typical $262K
Almost every sale is a house. 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 Waukegan homes are listed.
Every place Waukegan 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 Waukegan.
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.
3% of Waukegan’s sales are condos, at $96K less than a house
375 houses and 13 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 375 sold in the year to May 2026
- Per square foot
- $185IL $180
- Days to sell
- 54
- Sold over asking
- 50%
- Listings with a price cut
- 18%
typical sale · 13 sold in the year to May 2026
- Per square foot
- $174IL $251
- Days to sell
- 60
- Sold over asking
- 23%
- Listings with a price cut
- 67%
Multi-family (2–4 units): 55 sold, typical $277K
Townhouses: 39 sold, typical $233K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 2.4 times the 2016 price
481 sales in the last year, against 961 in 2013 and a low of 514 in 2025. The typical sale went from $110K in 2016 to $262K.
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 $250K buys in Waukegan
Check a listing against what Waukegan 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 Waukegan are more common than before the pandemic, but 45% fewer homes come up for sale
We read every month of Waukegan’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, 481 sales.
If you’re buying in Waukegan
- Shop in March. It brings about 71 new listings a month, close to the busiest month, with fewer bidding wars (34% over asking).
- Bid near asking. Buyers paid 99.8% of the list price on average; 46% paid over.
- Move fast on good ones. Half 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 85 a month), and the most competition: 42% close over asking. March offers nearly as much choice with fewer homes bid up (34%). January has the least competition (27%) but only about 50 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Illinois
| Waukegan now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 46% | 27% | 47% | 36% |
| Gone within two weeksShare of homes under contract within 14 days | 50% | 39% | 55% | 45% |
| Price paid vs. askingAverage sale price ÷ list price | 99.8% | 98% | 100% | 99% |
| Days to sellMedian days from listing to contract | 54 | 55 | 15 | 51 |
109 homes for sale on a typical day
That’s 45% fewer than in 2017–19 and well under 2012’s 377.
Since 2019, houses are up 80%, condos 106%
A house typically sold for $262K in the year to May 2026 (375 sales), a condo for $166K (13).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Waukegan ranks 56th of 327 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Waukegan is one of the state’s hottest markets.
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.
Owning the typical Waukegan home costs about $1,911 a month
Price: Waukegan’s typical sale, last 12 months. Property tax at Waukegan’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 Waukegan 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 38.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $262K home, about $6,530 a year.
Taxes vs. neighborsSchools
The schools grade for Waukegan, from test results, graduation and how much students grow.
Schools in WaukeganTypical commute
The average one-way trip to work for people who live in Waukegan.
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.
North Chicago sells for less a square foot; Green Oaks and Knollwood for far more
The busier markets within 25 miles of Waukegan, 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 | 481 | $262K | $184 | 46% | 54 |
| Gurnee | 370 | $390K | $193 | 41% | 52 |
| Gages Lake | 139 | $353K | $198 | 44% | 45 |
| Beach Park | 129 | $299K | $197 | 44% | 51 |
| North Chicago | 90 | $245K | $175 | 39% | 62 |
| Green Oaks | 43 | $876K | $284 | 45% | 55 |
| Knollwood | 21 | $563K | $302 | 47% | 79 |
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.
Post your home to Waukegan, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Waukegan. People who follow the town see it, and so do people comparing Waukegan with their own town. No commission, no listing fee.
Questions about buying a home in Waukegan
What do homes sell for in Waukegan, IL?
481 homes sold in the year to September 2026 at a typical $262K, $184 a square foot. Houses sold for about $262K, condos for about $166K in the year to May 2026.
Is Waukegan a buyer’s or seller’s market?
A seller’s market: 140 homes were for sale in September 2026 and 47 sold, about 3 months of supply. Buyers paid 99.8% of asking on average.
When is the best time to buy in Waukegan?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Waukegan?
About 2.5% of a home’s value a year. On a $262K home that’s near $6,530.
Where can I see homes for sale in Waukegan?
Zillow, Redfin, Realtor.com and Homes.com all carry Waukegan’s MLS listings; the search links above open each one filtered to Waukegan.
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).