Housing in Waukegan, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$219,500
Median List Price
$260,000
Price Per Sq Ft
$155
Days on Market
66
Active Inventory
93
Months of Supply
2.9
Seller's market
Zillow Home Value
$228,941
ZHVI — January 2026
Zillow Rent Index
$1,597
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
18.8%
Off Market in 2 Weeks
37.5%
Sale-to-List Ratio
96.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
32
New Listings
42
Pending Sales
48
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$155
Median List $/SF
$185
Waukegan vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 residents. Waukegan 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
$177,600
Median Rent
$1,163
Total Housing Units
32,842
Vacancy Rate
4.4%
Owner Occupied
50.9%
Renter Occupied
49.1%
Median Property Tax
$4,559
per year
Monthly Cost (w/ Mortgage)
$1,176
Housing Types
The current median sale price in Waukegan, IL is $219,500 according to Redfin data. Homes spend a median of 66 days on the market. 18.8% of homes sold above asking price. The market has 2.9 months of supply. The median price per square foot is $155. Zillow's observed rent index is $1,597/month. About 50.9% of housing units are owner-occupied. The median year homes were built is 1967. There are 32,842 total housing units.