Housing in Skokie, IL

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$335,000

Median List Price

$465,000

Price Per Sq Ft

$244

Days on Market

82

Active Inventory

90

Months of Supply

4.7

Balanced market

Zillow Home Value

$393,697

ZHVI — January 2026

Zillow Rent Index

$2,206

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 22.8%List Price 14.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

15.8%

Off Market in 2 Weeks

43.2%

Sale-to-List Ratio

98.2%

Buyer's market

Sold Above Asking
15.8%
Under Contract in 2 Wks
43.2%
Listings with Price Drops
16.7%

Market Activity

Source: Redfin

Homes Sold

19

New Listings

43

Pending Sales

37

Homes Sold 64.8%New Listings 28.3%Pending 46.4%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$244

Median List $/SF

$260

Sale $/SF 7.9%List $/SF 6.1%Mar 24Jan 26

Skokie vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Skokie 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

$368,600

Median Rent

$1,491

Total Housing Units

25,014

Vacancy Rate

4.2%

Owner Occupied

74.1%

Renter Occupied

25.9%

Median Property Tax

$7,803

per year

Monthly Cost (w/ Mortgage)

$1,716

Housing Types

Single Family
58.7%
Multi-Family
40.8%
Mobile Home
0.5%

The current median sale price in Skokie, IL is $335,000 according to Redfin data. Homes spend a median of 82 days on the market. 15.8% of homes sold above asking price. The market has 4.7 months of supply. The median price per square foot is $244. Zillow's observed rent index is $2,206/month. About 74.1% of housing units are owner-occupied. The median year homes were built is 1959. There are 25,014 total housing units.