Northbrook IL Real Estate Market: February 2026 Housing Trends & Data

The Northbrook housing market showed signs of increased activity in February 2026 as the spring real estate season begins to approach.

New listings started to rise, buyer demand remained steady, and the mix of homes selling influenced overall pricing. These early trends offer insight into how the Northbrook IL real estate market may develop in the coming months.

New Listings: Spring Inventory Is Arriving

In February, 40 homes were listed for sale in Northbrook, a noticeable increase from the 24 new homes that came on the market in January. Compared to the same time last year, listing activity was nearly identical, with 39 homes listed in February 2025.

This increase in new listings is typical as homeowners begin preparing their properties for the spring real estate season, which is traditionally one of the busiest times of the year for the Northbrook housing market. If you have been considering selling, the momentum is building and the next 60 days are a strong window to get your home positioned.

Closings: Buyers Are Moving When the Right Home Appears

Even with winter weather and limited inventory, buyer activity remained consistent. Fourteen single-family homes closed in Northbrook during February, slightly higher than the 12 homes that closed in January and just above the 13 homes that sold in February of last year.

That year-over-year increase, while modest, confirms that buyers who are actively searching for homes in Northbrook continue to move forward when the right property becomes available. Demand is there. The limiting factor continues to be supply.

Average Sale Price: Understanding the Numbers

Pricing in the Northbrook real estate market shifted notably in February. The average sales price reached $1,145,596, a significant increase compared to January's average of $696,450.

However, that January figure requires important context. Of the 12 homes that closed in January, five sold for under $500,000, and those lower-priced properties pulled the overall average down for the month. February's pricing reflects a broader and more representative range of homes selling across Northbrook, including the higher-priced properties that are common in many of its established neighborhoods. The underlying market remains healthy and stable.

Days on Market: Well-Priced Homes Are Still Moving

Homes continued to sell at a steady pace in February. The average time on market was 39 days, very similar to January's 36-day average and slightly faster than the 41-day average recorded in February of last year.

This consistency tells an important story: well-priced homes in desirable Northbrook neighborhoods are still attracting attention from buyers. The market is not sitting still, even in the slower winter months.

Active Inventory: Limited Supply Is Shaping the Market

At the end of February, there were 32 homes available for sale in Northbrook, higher than the 22 homes available at the end of January but still below the 38 homes on the market at the same time last year. Limited housing supply continues to create competition for certain homes, particularly in popular neighborhoods and price ranges.

For sellers, this is a favorable environment. For buyers, it reinforces the importance of being prepared and ready to act when the right home comes available.

What This Means for You

For buyers searching for homes in Northbrook IL, more listings are on the way as spring approaches, but competition will increase alongside inventory. Getting pre-approved now and working with an agent who has direct access to coming-soon and off-market properties can make a real difference in a market where the right home does not sit for long.

For homeowners considering selling, February's data points to a market that is gaining momentum heading into spring. Sellers who price strategically, prepare their homes well, and launch at the right time are consistently best positioned to attract strong offers. The window to prepare is right now.

I will keep tracking the Northbrook market each month and share updates as the spring season develops. If you have questions about what your home is worth or you are ready to talk about buying or selling anywhere on the North Shore, reach out anytime.

Vittoria Logli | (847) 810-8438 | vittorialogli.com | vittoria@atproperties.com

Get a free home valuation at vittorialogli.com/home-valuation

Vittoria Logli is a top-producing real estate agent serving Northbrook, Glenview, Wilmette, Glencoe, and Chicago's North Shore. With over 25 years of experience and $500M+ in career sales, Vittoria leads a full-service team with @properties Christie's International Real Estate.

Frequently Asked Questions

How many homes sold in Northbrook in February 2026?

Fourteen single-family homes closed in Northbrook in February 2026, up from 12 closings in January and 13 closings in February 2025.

What is the average home price in Northbrook IL in 2026?

The average sale price in Northbrook in February 2026 was $1,145,596. January's lower average of $696,450 was influenced by five closings under $500,000 that month, making February's number a more representative reflection of the market.

Is Northbrook a seller's market or buyer's market right now?

As of February 2026, Northbrook is leaning toward a seller's market. With only 32 active listings and homes averaging 39 days on market, well-priced homes in desirable neighborhoods are still generating buyer interest and limited supply continues to favor sellers.

How long are homes sitting on the market in Northbrook IL?

Homes in Northbrook averaged 39 days on market in February 2026, consistent with January's 36-day average and slightly faster than the 41-day average recorded in February 2025.