O'Neil Property Group
Sleepy Hollow Home Search

Sleepy Hollow Homes Under $500K

Live Sleepy Hollow listings updated daily from the MLS — plus what local buyers should know before making a move.

~$467K
Median Sale Price
~3,200
Population
27
Schools in District 300
5★
Google Rating

About Sleepy Hollow Homes Under $500K

Under $500K covers the heart of the Sleepy Hollow market—the village median sits near $467K, so roughly half of everything that sells falls in this bracket. The candidates span three neighborhoods: Sleepy Hollow Manor’s ranches, split-levels, and custom builds on half-acre lots (recent sales $415K–$635K), Surrey Ridge single-family homes west of 8th Street (recent sales from about $345K), and the entry end of Saddle Club Estates, Pulte’s late-1980s community, where sales have recently started around $487K. This is the bracket where most first-and-second-home buyers land, and where well-priced listings draw multiple offers.

Looking for help narrowing down your search? Call or text Kealan at 630-381-4995 for a personalized list of homes that match your budget and priorities.

Sleepy Hollow Homes Under $500K — Updated Daily

Active listings pulled directly from the MLS.

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What You Can Expect from Sleepy Hollow Homes Under $500K

Expect genuine variety: mid-century ranches on wooded half-acres, 1980s two-stories around 2,000–2,600 square feet, and the occasional larger home in original condition. Nearly everything is detached with no HOA, on lots from roughly a half acre to three-quarters of an acre. At the top of the bracket you’re choosing between an updated mid-size home or a larger home that needs work—we help clients price that trade-off street by street.

Sleepy Hollow Neighborhoods & Local Insight

Three neighborhoods do the work here. Sleepy Hollow Manor is the original—winding lakeside streets from the Falese plan. Surrey Ridge mixes 2,300–4,500 sq ft singles with the village’s only attached homes. Saddle Club Estates brings horse-racing street names and Pulte two-stories from 1986–1991 that have appreciated steadily—its 2023 median of about $454K became roughly $565K by 2025, so its under-$500K listings are increasingly the smaller floor plans.

Buyer Tips & Financing

Come pre-approved with proof of funds ready—the average Sleepy Hollow sale has closed at 100.9% of list and about 44% of recent sales went over asking, which means clean, fast offers win. If you’re selling elsewhere to buy here, get your listing live before you shop; sellers in this village rarely take home-sale contingencies on well-priced homes. And walk the lot as carefully as the house—trees, grade, and lake proximity move value here more than in any nearby town.

Good to Know Before You Buy

Sleepy Hollow inventory averages about a dozen active listings across all prices, so the under-$500K slice might be four to six homes at any moment. The village trades on scarcity: 18 homes closed in the three months ending June 2026 and the median was still $467K. If your target is a specific neighborhood—lakeside Manor, say—tell us and we’ll watch it daily, including coming-soon and off-market conversations.

Frequently Asked Questions

What does $500K buy in Sleepy Hollow?
An updated mid-size home or a larger original-condition one: Manor ranches and customs on half-acre lots, Surrey Ridge singles, or an entry-level Saddle Club Estates two-story. Nearly all detached, no HOA, on wooded lots.
Which neighborhoods should I watch under $500K?
Sleepy Hollow Manor (recent sales $415K–$635K), Surrey Ridge singles (from about $345K), and the smaller floor plans in Saddle Club Estates (recent sales from about $487K).
How competitive is the under-$500K market?
The most competitive slice in the village. The average sale has closed just above list price and about 44% of recent sales went over asking. Well-priced homes go under contract in about two weeks.
What are taxes on a $450K–$500K Sleepy Hollow home?
Plan on roughly $8,000–$9,500 a year depending on neighborhood and assessment—the village effective rate runs about 2.47%. We verify the actual bill on every property before you offer.
Should I wait for more inventory?
Waiting rarely pays here—the village built out in 2003, so supply can’t expand. About a dozen homes are active at any time. The better strategy is subdivision-level alerts and readiness to move when the right one lists.

Ready to Find Your Sleepy Hollow Home?

Whether you are just starting your search or ready to schedule a showing, Kealan O’Neil is here to help you every step of the way.