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WAUKEGAN, IL 60085

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60085

North Waukegan · Pleasant Hill · The North Harbor · The North Lakefront · The South Lakefront · Waukegan Downtown (Downtown) · Waukegan Harbor · Waukegan Marina

Market Analysis

Data as of February 2026. Source: Realtor.com.

The WAUKEGAN, IL real estate market (60085) currently shows 42 active listings, with 19 pending sales. Homes are averaging 33 days on the market before going under contract.

Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 33 days on market compared to 49 days last year.

The median listing price has risen 7.4% year-over-year, from $239,450 to $257,275.

Whether you are buying or selling in WAUKEGAN, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 71,465  ·  Density: 1,866.2/mi²  ·  Median household income: $58,843

Typical home value: $148,479  ·  Homeownership: 44.2%

Market Overview

Active Listings
42
⇩ 25% vs 56 last year
Pending
19
45% pending ratio
Median Price
$257,275
⇧ 7.4% vs $239,450 last year
Average Price
$275,903
⇧ 7.3% vs $257,141 last year
Days on Market
33
⇩ 32.7% vs 49 days last year

Price Per Square Foot

Median $/sqft
$185
⇧ 3.9% vs $178/sqft last year
Median Home Size
1,330 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 42 this year vs 56 last year
  • Days on market: 33 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $257,275 (+7.4% YoY)
  • Average: $275,903 (+7.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.3 miles — 623 listings ($481,202,865 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60085Waukegan, IL 600850.0 mi52$13,869,544$249,000$266,722
60087Waukegan, IL 600873.4 mi28$7,609,980$270,633$271,785
60044Lake Bluff, IL 600444.9 mi20$29,229,440$1,245,000$1,461,472
60083Wadsworth, IL 600837.1 mi24$22,451,592$526,950$935,483
60045Lake Forest, IL 600458.1 mi62$187,589,866$1,950,000$3,025,643
60030Grayslake, IL 600309.3 mi63$24,964,569$347,450$396,263
60040Highwood, IL 6004010.6 mi2$1,149,900$574,950$574,950
60046Lake Villa, IL 6004610.9 mi55$27,236,055$395,950$495,201
53158Pleasant Prairie, WI 5315811.8 mi36$21,871,008$536,400$607,528
60073Round Lake, IL 6007312.3 mi105$28,310,835$249,999$269,627
53142Kenosha, WI 5314213.6 mi36$12,241,404$309,450$340,039
60047Lake Zurich, IL 6004714.0 mi112$97,679,008$836,450$872,134
53143Kenosha, WI 5314314.3 mi28$6,999,664$252,450$249,988

Frequently Asked Questions

How many homes are for sale in WAUKEGAN, IL 60085?

As of February 2026, there are 42 active listings in WAUKEGAN, IL (zip code 60085), compared to 56 the prior year.

What is the median home price in WAUKEGAN, IL 60085?

The median listing price in WAUKEGAN, IL 60085 is $257,275 as of February 2026, a 7.4% increase from $239,450 the prior year.

How long do homes stay on the market in WAUKEGAN, IL?

Homes in WAUKEGAN, IL 60085 spend an average of 33 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in WAUKEGAN, IL 60085?

Based on current inventory and days-on-market data as of February 2026, WAUKEGAN, IL 60085 is currently a Seller's Market. Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 33 days on market compared to 49 days last year.

How much can I save on real estate commission in WAUKEGAN, IL?

With SELL123.com's maximum 3% commission, sellers in WAUKEGAN, IL 60085 save an estimated $5,146 compared to a typical 5% commission on the median listing price of $257,275. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.