House Prices

House Prices & Home Values Waukegan, IL 2026


Average Data

average house price$153,770
average size per house1481 ft²
average price per ft²104 $ / ft²

06/05/2026 - The value range (VR) for house prices in Waukegan, IL is $94/ sqft to $135/ sqft. An average home with 1481 sqft costs approximately $139,214 to $199,935. Waukegan, IL includes 2 ZIP codes and it is located in Lake county. The lowest prices are found in ZIP 60085, while the highest are in ZIP 60087. The average price per sqare feet is $104. Our analysis is based on 47 property listings.

Avergage prices by ZIP codes Waukegan

6008594 $ / ft²
60087123 $ / ft²


House prices by neighborhoods in Waukegan

Downtown Waukegan93 $ / ft²
Waukegan Downtown Historic District94 $ / ft²
Waukegan Harbor94 $ / ft²




Historical development of home values in Waukegan

Year Estimated value (USD) Change vs. 2025
2010 $71,414 -53.6%
2011 $68,652 -55.4%
2012 $68,467 -55.5%
2013 $71,026 -53.8%
2014 $74,558 -51.5%
2015 $78,385 -49.0%
2016 $82,475 -46.4%
2017 $86,927 -43.5%
2018 $91,733 -40.3%
2019 $95,986 -37.6%
2020 $100,948 -34.4%
2021 $114,818 -25.3%
2022 $133,851 -13.0%
2023 $141,153 -8.2%
2024 $149,318 -2.9%
2025 $153,770 0.0%

Graph: estimated home values in Waukegan over time (USD)



Example: 100% financing house in Waukegan

Loan amount: $153,770

Interest rate: 6.00%

Fixed monthly payment: $921.93

Breakdown in the 1st month:
Interest portion: $768.85  –  Principal portion: $153.08

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $9,174.83 $1,888.31 $151,881.69
2 $9,058.37 $2,004.78 $149,876.91
3 $8,934.71 $2,128.43 $147,748.47
4 $8,803.44 $2,259.71 $145,488.77
5 $8,664.06 $2,399.08 $143,089.68
6 $8,516.09 $2,547.05 $140,542.63
7 $8,359.00 $2,704.15 $137,838.48
8 $8,192.21 $2,870.93 $134,967.55
9 $8,015.14 $3,048.01 $131,919.54
10 $7,827.14 $3,236.00 $128,683.54
11 $7,627.55 $3,435.59 $125,247.95
12 $7,415.65 $3,647.49 $121,600.46
13 $7,190.69 $3,872.46 $117,728.00
14 $6,951.84 $4,111.31 $113,616.69
15 $6,698.26 $4,364.88 $109,251.81
16 $6,429.05 $4,634.10 $104,617.71
17 $6,143.23 $4,919.92 $99,697.79
18 $5,839.78 $5,223.37 $94,474.42
19 $5,517.61 $5,545.54 $88,928.89
20 $5,175.57 $5,887.57 $83,041.31
21 $4,812.44 $6,250.70 $76,790.61
22 $4,426.91 $6,636.23 $70,154.38
23 $4,017.60 $7,045.54 $63,108.83
24 $3,583.05 $7,480.10 $55,628.74
25 $3,121.69 $7,941.45 $47,687.29
26 $2,631.88 $8,431.26 $39,256.02
27 $2,111.86 $8,951.29 $30,304.74
28 $1,559.77 $9,503.38 $20,801.36
29 $973.62 $10,089.53 $10,711.83
30 $351.32 $10,711.83 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Waukegan, IL


1500 sqft3900 sqft
Ø selling price$188,761$401,545
Ø fast selling$171,600$361,390
Ø high price sale$205,921$441,699

In 2026, houses in Waukegan, IL will be offered at an average price of $104 per square foot. A 1,500 sqft home priced at $188,761 is 22.77% more expensive per square foot than a 3,900 sqft home priced at $401,545. Home prices in Waukegan, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $277,992. Sellers who can wait longer may achieve a higher price of up to $339,768.

FAQ – Home Values in Waukegan

What is the median home value in Waukegan in 2026?

In 2026, the typical home value in Waukegan is about $153,770 for an average home size of 1481 square feet. This corresponds to an average price of roughly $104 per square foot.

What is the average cost per square foot in Waukegan?

In 2026, homes in Waukegan sell for an average of around $104 per square foot, with a typical range between $94 and $135 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Waukegan is about 1481 square feet, with an estimated 2026 value around $153,770.



Locations close to Waukegan, IL

Great Lakes, IL151 $ / ft²
Buffalo Grove, IL195 $ / ft²
Wheeling, IL138 $ / ft²
Wauconda, IL169 $ / ft²
Wadsworth, IL122 $ / ft²
Spring Grove, IL175 $ / ft²
  imprint  Privacy