Schaumburg Real Estate Market Sees Home Sales Decline

The Schaumburg remained below its 12-month average sales volume this week as sales fell 3.2% to hit 90 homes sold over the last 30 days. Meanwhile, close-by Palatine reported 90 homes sales, the highest number from all the surrounding cities. The median sales price dropped to $172,250 over the latest reporting period for Schaumburg, down from $189,000. Despite the slip in sales, a relatively low three months of inventory indicates that Schaumburg is a seller's market.

Being aware of new listings is a great exercise in finding the right home so take a look at these in Schaumburg:

$379K   $210K   $164K  

Get started right now by checking out Schaumburg homes for sale or reviewing Schaumburg real estate trends.

Demographic facts for Schaumburg:

  • 31 years old is the median age of all the homes in the area.
  • The area gets 23.5 inches of snow a year. (U.S. average: 25)
  • The job growth rating in this area is 45. (Scale: 1 = Worst, 100 = Best)
  • This area has an average school expenditure per student of $6,263. ($5,691 = national average)

Data reported through 10/13/2016


Ask a local expert about this area:
Coldwell Banker Residential Brokerage
Snapped 2 homes in this area
Prudential Starck
Snapped 3 homes in this area
Baird and Warner
Snapped 110 homes in this area

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