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Algonquin Corporate Campus Aspen Village Creek's Crossing Gaslight Terrace West Willoughby Farms

DUNDEE, IL 60118

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60118

Algonquin Corporate Campus · Aspen Village · Creek's Crossing · Gaslight Terrace West · Willoughby Farms

Market Analysis

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

The DUNDEE, IL real estate market (60118) currently shows 45 active listings, with 32 pending sales. Homes are averaging 44 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 44 days on market compared to 76 days last year.

The median listing price has risen 10.9% year-over-year, from $431,745 to $478,750.

Whether you are buying or selling in DUNDEE, 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: 15,623  ·  Density: 288.1/mi²  ·  Median household income: $99,510

Typical home value: $323,200  ·  Homeownership: 69.3%

Market Overview

Active Listings
45
⇧ 15.4% vs 39 last year
Pending
32
71% pending ratio
Median Price
$478,750
⇧ 10.9% vs $431,745 last year
Average Price
$639,419
⇧ 2% vs $626,756 last year
Days on Market
44
⇩ 42.1% vs 76 days last year

Price Per Square Foot

Median $/sqft
$208
⇩ 3.3% vs $215/sqft last year
Median Home Size
1,915 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 45 this year vs 39 last year
  • Days on market: 44 now vs 76 last year

Median & Average Pricing

Year over Year
  • Median: $478,750 (+10.9% YoY)
  • Average: $639,419 (+2% 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 12.3 miles — 814 listings ($503,995,756 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60118Dundee, IL 601180.0 mi43$26,012,506$409,499$604,942
60136Gilberts, IL 601363.7 mi14$5,960,402$359,900$425,743
60123Elgin, IL 601234.7 mi57$16,397,418$281,000$287,674
60120Elgin, IL 601206.3 mi51$15,534,804$289,950$304,604
60192Hoffman Estates, IL 601927.5 mi23$13,073,292$477,500$568,404
60010Barrington, IL 600107.9 mi135$190,215,135$1,095,000$1,409,001
60142Huntley, IL 601428.5 mi136$72,038,384$504,150$529,694
60014Crystal Lake, IL 600148.6 mi91$47,472,243$399,000$521,673
60103Bartlett, IL 6010310.4 mi67$31,401,694$418,995$468,682
60140Hampshire, IL 6014010.6 mi120$59,369,640$409,999$494,747
60194Schaumburg, IL 6019411.3 mi25$9,576,000$296,000$383,040
60195Schaumburg, IL 6019511.6 mi3$658,500$219,500$219,500
60133Hanover Park, IL 6013312.3 mi49$16,285,738$330,000$332,362

Frequently Asked Questions

How many homes are for sale in DUNDEE, IL 60118?

As of February 2026, there are 45 active listings in DUNDEE, IL (zip code 60118), compared to 39 the prior year.

What is the median home price in DUNDEE, IL 60118?

The median listing price in DUNDEE, IL 60118 is $478,750 as of February 2026, a 10.9% increase from $431,745 the prior year.

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

Homes in DUNDEE, IL 60118 spend an average of 44 days on the market before going under contract, compared to 76 days the prior year.

Is it a seller's or buyer's market in DUNDEE, IL 60118?

Based on current inventory and days-on-market data as of February 2026, DUNDEE, IL 60118 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 44 days on market compared to 76 days last year.

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

With SELL123.com's maximum 3% commission, sellers in DUNDEE, IL 60118 save an estimated $9,575 compared to a typical 5% commission on the median listing price of $478,750. 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.