Open Key Realty

Where are homes selling the fastest right now?

The latest MRED InfoSparks data shows a significant difference in how quickly homes are going under contract across local suburbs.

📍 Buffalo Grove — 16 days
📍 Arlington Heights — 17 days
📍 Hoffman Estates — 17 days
📍 Glenview — 19 days
📍 Deerfield — 20 days
📍 Palatine — 20 days
📍 Prospect Heights — 21 days
📍 Des Plaines — 24 days
📍 Niles — 25 days

For sellers, this means timing, pricing, and marketing matter more than ever. A home in one suburb may attract an offer within two weeks, while a similar property in another market could take substantially longer.

Keep in mind that these are market averages. Well-priced, properly prepared homes often sell faster, while overpriced homes can sit on the market regardless of location.

Thinking about selling in one of these communities? I’d be happy to provide a personalized market analysis and show how your home compares to recent sales and current competition.

📊 Source: MRED InfoSparks, Single-Family Homes, Average Listing-to-Contract Days, May 2026

How Did Home Prices Compare Across 7 Local Suburbs in May?

Real estate values continue to show strength across many North Shore and Northwest suburban communities, but not every market is moving at the same pace.

Here’s a look at the median sale price and year-over-year change in May:

🏡 Park Ridge: $599,000 (+7.9%)
🏡 Northbrook: $665,000 (+7.3%)
🏡 Mount Prospect: $430,000 (+4.9%)
🏡 Skokie: $429,000 (+4.9%)
🏡 Glenview: $673,250 (+4.4%)
🏡 Arlington Heights: $470,000 (+3.3%)
🏡 Schaumburg: $325,000 (+1.6%)
🏡 Prospect Heights: $265,000 (-8.6%)

A few interesting takeaways:

✔️ Glenview had the highest median sale price among these communities.
✔️ Park Ridge and Northbrook experienced the strongest appreciation.
✔️ Mount Prospect and Skokie continued to show steady growth.
✔️ Prospect Heights was the only market in this group that saw a decline compared to last year.

Every suburb has its own story. School districts, inventory levels, new construction, buyer demand, and home types all play a role in pricing trends.

If you’re considering selling, these numbers don’t necessarily reflect what your specific home is worth. Some homes are selling significantly above neighborhood averages depending on condition, updates, lot size, and marketing strategy.

📞 Curious about your home’s current value or your neighborhood’s latest trends? Contact Kinga Andrzejewska at 773-704-4301 for a complimentary market analysis.

Source: InfoSparks Median Sale Price

▪️Luxury Living Meets Modern Comfort

Designed with quality and style in mind, this stunning new construction ranch offers vaulted ceilings, skylights, custom finishes, heated floors, and an open-concept layout filled with natural light. Situated on a spacious half-acre lot in the sought-after John Hersey High School District, this home delivers the perfect blend of elegance, comfort, and convenience.

For more details contact listing agent:
Kinga Andrzejewska 📞773-704-4301
|Open Key Realty

Buyers looking in Wheeling, IL — don’t miss this open house at 943 Ridgefield Ln this Sunday from 12–2 PM!

Kinga Andrzejewska with Open Key Realty INC is helping local buyers find homes that combine location, value, and lifestyle in today’s competitive market.

📍 Wheeling, IL 60090
📞 773.704.4301

Would you pay $699,000 to live in this part of Chicago?

This is what around $650,000 can buy right now in Chicago’s Dunning neighborhood. 👀

This updated 4-bedroom home at 3535 N Osceola offers over 2,700 sq ft of finished living space, including a finished basement and 2-car garage — with a layout that feels much newer than its 1927 build year.

What makes this area stand out is the balance between city access and neighborhood feel.
Dunning is known for quieter residential streets, larger lots compared to many Chicago neighborhoods, and convenient access to the Kennedy Expressway, Harlem Avenue, shopping, restaurants, and public transportation.

You’re also close to:
✔ Wright College
✔ Schiller Woods & forest preserves
✔ HIP Mall area
✔ O’Hare access within about 15–20 minutes depending on traffic

Homes in this part of the northwest side continue attracting buyers looking for more space without moving fully into the suburbs.

At around $650,000, this gives a good look at where updated single-family home values are currently sitting in this pocket of Chicago.

Listing courtesy of Magdalena Malyszko with HomeSmart Connect.
Source: MRED MLS listing data shown in video.