All Home Types
Schaumburg, IL Housing Market
What is the housing market like in Schaumburg today?
In October 2024, Schaumburg home prices were down 6.3% compared to last year, selling for a median price of $300K. On average, homes in Schaumburg sell after 45 days on the market compared to 41 days last year. There were 63 homes sold in October this year, down from 73 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$300,000
-6.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Schaumburg, IL
$300,000
-6.3%
United States
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Schaumburg Migration & Relocation Trends
In Aug '24 - Oct '24, 14% of Schaumburg homebuyers searched to move out of Schaumburg, while 86% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Schaumburg from outside metros.
- New York homebuyers searched to move into Schaumburg more than any other metro followed by Peoria and St. Louis.
Where are people moving to Schaumburg from?
- 86% of Schaumburg homebuyers searched to stay within the Schaumburg metropolitan area.
- South Bend was the most popular destination among Schaumburg homebuyers followed by Milwaukee and Cape Coral.
Where are people from Schaumburg moving to?
Number of People Moving to Schaumburg
least
most
People are moving to Schaumburg from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 2,053 | ||
| 2 | 1,103 | ||
| 3 | 730 | ||
| 4 | 670 | ||
| 5 | 488 | ||
| 6 | 449 | ||
| 7 | 414 | ||
| 8 | 321 | ||
| 9 | 194 | ||
| 10 | 169 | ||
People are leaving Schaumburg for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 1,552 | ||
| 2 | 1,440 | ||
| 3 | 1,373 | ||
| 4 | 1,096 | ||
| 5 | 870 | ||
| 6 | 766 | ||
| 7 | 689 | ||
| 8 | 670 | ||
| 9 | 608 | ||
| 10 | 604 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Schaumburg.
Provided by First Street Foundation
Transportation in Schaumburg
Learn about the walkability, bikeability, and transit-friendliness of Schaumburg
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