Housing in Mundelein, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$376,000

Median List Price

$339,000

Price Per Sq Ft

$217

Days on Market

70

Active Inventory

47

Months of Supply

2.5

Seller's market

Zillow Home Value

$369,305

ZHVI — January 2026

Zillow Rent Index

$2,199

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 13.9%List Price 8.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

36.8%

Off Market in 2 Weeks

39.1%

Sale-to-List Ratio

100.5%

Seller's market

Sold Above Asking
36.8%
Under Contract in 2 Wks
39.1%
Listings with Price Drops
19.1%

Market Activity

Source: Redfin

Homes Sold

19

New Listings

21

Pending Sales

23

Homes Sold 38.7%New Listings 54.3%Pending 53.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$217

Median List $/SF

$233

Sale $/SF 17.3%List $/SF 17.1%Mar 24Jan 26

Mundelein vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Mundelein is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$285,600

Median Rent

$1,564

Total Housing Units

11,892

Vacancy Rate

2.9%

Owner Occupied

71.3%

Renter Occupied

28.6%

Median Property Tax

$7,894

per year

Monthly Cost (w/ Mortgage)

$1,700

Housing Types

Single Family
77.7%
Multi-Family
22.3%
Mobile Home
0.0%

The current median sale price in Mundelein, IL is $376,000 according to Redfin data. Homes spend a median of 70 days on the market. 36.8% of homes sold above asking price. The market has 2.5 months of supply. The median price per square foot is $217. Zillow's observed rent index is $2,199/month. About 71.3% of housing units are owner-occupied. The median year homes were built is 1984. There are 11,892 total housing units.