The Schaumburg housing market is very competitive. Homes in Schaumburg receive 4 offers on average and sell in around 40 days. The median sale price of a home in Schaumburg was $310K last month, down 3.3% since last year. The median sale price per square foot in Schaumburg is $251, up 2.9% since last year.
What is the housing market like in Schaumburg today?
In May 2025, Schaumburg home prices were down 3.3% compared to last year, selling for a median price of $310K. On average, homes in Schaumburg sell after 40 days on the market compared to 39 days last year. There were 83 homes sold in May this year, down from 84 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$310,000
-3.3% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Schaumburg, IL
$310,000
-3.3%
United States
To compare other locations to the Schaumburg and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Schaumburg add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Schaumburg
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Schaumburg housing market?
Schaumburg is very competitive. Homes sell in 43 days.
0
100
74
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 43 days.
Hot homes
can sell for about 4% above list price and go pending in around 32 days.
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.
Home offer insights for Schaumburg
Explore recent offers and recently sold homes in Schaumburg
Recent offers
Offer Not Accepted|
8 Weeks Ago
~$450K Offer
Sold for $475K
3bd | 2.5ba | ~2,500sqft
Over List Price
0%
Days on Market
36
Competing Offers
16
Down Payment
~20%
Sylvia Chliborob
Schaumburg Redfin Agent
16 offers ! It was my buyers' first offer and they did not want to go above list price.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Schaumburg housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Schaumburg.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Schaumburg has a minor risk of flooding. 563 properties in Schaumburg are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Schaumburg. Flood risk is increasing slower than the national average.
27% of properties are at risk of wildfire over the next 30 years
Fire Factor
Schaumburg has a moderate risk of wildfire. There are 4,048 properties in Schaumburg that have some risk of being affected by wildfire over the next 30 years. This represents 27% of all properties in Schaumburg.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Schaumburg has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Schaumburg is most at risk from hurricanes. 14,743 properties in Schaumburg have some risk of being in a severe wind event within the next 30 years.