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Chicago Market Report

$606,407

AVERAGE PRICE OF 11,831 HOMES

$221,392

AVERAGE PRICE OF 380 DISTRESSED HOMES

$2,203,048

AVERAGE PRICE OF 1,559 MULTI-MILLION DOLLAR HOMES

$1,314,222

AVERAGE PRICE OF 663 NEWLY BUILT HOMES

$475,273

AVERAGE PRICE OF 221 HOMES WITH A POOL

$527,146

AVERAGE PRICE OF 357 REDUCED PRICE HOMES

Average Home

Average Price $606,407
Avg Bedrooms 2.94 beds
Avg Bathrooms 2.08 baths

Average Price by Bedrooms

1 bedroom $296,049
2 bedrooms $447,025
3 bedrooms $684,247
4 bedrooms $670,376
5 bedrooms $727,508
Chicago Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 12,059 12,177 12,251 12,113 11,567
Average Price $603,132 $612,442 $608,058 $603,715 $595,599
Avg Price Change -1.54% +0.72% +0.72% +1.36% +1.73%
Median Price $354,565 $362,982 $363,307 $359,535 $353,945
Med Price Change -2.37% -0.09% +1.05% +1.58% +1.64%
Avg Bedrooms 2.96 beds 2.96 beds 2.96 beds 2.97 beds 2.98 beds
Avg Bathrooms 2.11 baths 2.12 baths 2.11 baths 2.12 baths 2.11 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lake View High School 207 $823,936 45 days
Lincoln Park High School 383 $1,545,152 68 days
Senn High School 90 $545,387 51 days
Taft High School 150 $480,762 40 days
Wells Community Academy Senior H 346 $1,201,874 82 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 11,831 $606,407 93 days
Distressed Homes 380 $221,392 116 days
Multi-Million Dollar Homes 1,559 $2,203,048 126 days
Newly Built Homes 663 $1,314,222 138 days
Homes with a Pool 221 $475,273 56 days
Reduced Price Homes 357 $527,146 58 days
Keller Williams One Chicago
Ro Malik
2211 N Elston Ct # 104
Chicago, IL 60614
312-208-1184

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Ro Malik - Keller Williams ONEChicago are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Copyright © 2023 Midwest Real Estate Data LLC Information deemed reliable but not guaranteed. Properties marked with the MRED icon are provided courtesy of Midwest Real Estate Data, LLC. Broker Reciprocity. Use of this site constitutes agreement to the terms and conditions. DMCA Notice
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