Schaumburg, IL Condo Market Report (In last 12 months)
Avg. List Price
$295,387
($228/Sqft.)
Year-Over-Year List Price
7.99%
Total Listings
538
Avg. Days on Market
51
Avg. Sale Price
$287,059
($224/Sqft.)
Year-Over-Year Sale Price
6.63%
Total Sold
512
Avg. HOA Fees/Sqft.
($6/monthly)
Avg. List Price
$295,387
($228/Sqft.)
Year-Over-Year List Price
7.99%
Schaumburg, IL Condo Market Overview
Schaumburg presents a vibrant condo market that beautifully balances suburban tranquility with urban conveniences, making it an ideal place to call home. Nestled just outside Chicago, this dynamic community offers a variety of living options, from luxury high-rises with sweeping skyline views to charming garden-style condos in peaceful neighborhoods like Woodfield and The Lakes. Residents enjoy easy access to world-class shopping at Woodfield Mall, diverse dining experiences, and plenty of green spaces such as Busse Woods, perfect for outdoor enthusiasts. The thriving local arts scene and community events create a strong sense of belonging. With highly-rated schools and a robust job market, Schaumburg is perfect for families and professionals alike. Whether you seek a sophisticated urban retreat or a cozy, affordable condo, this delightful suburb celebrates a lifestyle rich in comfort, convenience, and community. Welcome to Schaumburg—where suburban charm meets an active lifestyle!
76 Listed For Sale NowCondos For Sale In Schaumburg, IL
Explore Schaumburg, IL Neighborhoods
Schaumburg is a vibrant suburban destination renowned for its shopping, entertainment, and thriving corporate presence. With attractions like Woodfield Mall and an array of family-friendly parks, the city merges an inviting residential atmosphere with dynamic cultural events, making it an ideal locale for both relaxation and recreation.
Frequently Asked Questions About Schaumburg, IL
What is it like to live in Schaumburg?
Schaumburg offers a family-friendly environment with a mix of suburban and urban living, characterized by diverse housing options from single-family homes to condos. The area is served by major highways and public transportation, ensuring convenient access to Chicago and surrounding regions, along with numerous parks and shopping facilities like Woodfield Mall.
Is Schaumburg expensive?
Schaumburg's cost of living is slightly above the national average, with median home prices around $300,000 to $400,000, depending on the neighborhood. Areas near Woodfield Mall and top-rated schools tend to have higher property values, while some suburban pockets offer more affordable options.
How much is a condo in Schaumburg?
The average price of a condo in Schaumburg typically ranges from $150,000 to $350,000, depending on factors such as location, size, and amenities. Communities like Woodfield and the Arboretum feature newer construction which may command higher prices.
What are the safest neighborhoods in Schaumburg?
Neighborhoods such as Woodfield and Weathersfield are recognized for their low crime rates and family-friendly environments. These areas boast well-maintained homes, parks, and access to amenities, contributing to a safe community vibe.
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