Dundee, IL Foreclosures
Current Market Conditions in in Dundee, IL As of February 2026?
Over the past month, the real estate market in Dundee has shown slight cooling as the summer buying season transitions into fall. While demand remains high, particularly for family homes, inventory has seen a modest increase, giving buyers a few more options. The average days on market have extended slightly as buyers take more time to make decisions. However, competitive bidding remains common for well-maintained homes in desirable locations.
How much do homes sell for in Dundee, IL?
The average home price is currently $506,898.
What’s the average rental cost in Dundee, IL?
The average rental price in Dundee is $2,142.
What is the most expensive home in Dundee?
The most expensive home sold in Dundee had a price of $8,477,731.
What is currently the cheapest priced home in Dundee, IL?
The cheapest home for sale in Dundee is priced at $37,272.
Living in Dundee, IL
Dundee is a quaint village located in the picturesque Fox River Valley. Known for its warm community atmosphere, Dundee offers a blend of suburban living and small-town charm, with a variety of local shops and restaurants. The area provides excellent amenities and an abundance of recreational activities, making it a great place to live for families and professionals alike.
Buyer vs Seller Market in Dundee, IL
The real estate market in Dundee, IL, remains dynamic and competitive, reflecting the suburban appeal and family-friendly environment prevalent in the area. Home prices have shown a steady increase over the past few years, indicating strong demand partly due to the excellent schools and recreational amenities available in Dundee.
Transactions have been relatively brisk in recent months, with many homes receiving multiple offers and selling above asking price, particularly in desirable neighborhoods. Inventory levels have been tight, prompting buyers to act quickly when properties are listed.
Overall, the market is characterized by moderate price appreciation, a variety of homes ranging from historic properties to new developments, and an engaged community of buyers and sellers.
Home Value Estimator For Dundee, IL
There are currently 723 real estate properties
in Dundee, IL,
with a median automated valuation model (AVM) price
of $470,365.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Dundee, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Dundee, IL,
is $506,898.00, with the most expensive house
in Dundee, IL, topping out
at $8,477,731.00 and the cheapest home
in Dundee, IL,
clocking in at $37,272.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Dundee, IL!
Rent Prices
In Dundee, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Dundee, IL, is on
a rollercoaster ride. The
average rent price in Dundee, IL,
is $2,142.00. Indeed, when looking to rent in
Dundee, IL, you can expect to pay as little
as $1,060.00 or as much
as $4,500.00,
with the average rent median estimated to
be $2,130.00. The good news is that finding
an affordable and desirable property to rent in Dundee, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.