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Chicago Market Report

$626,140

AVERAGE PRICE OF 11,388 HOMES

$203,109

AVERAGE PRICE OF 278 DISTRESSED HOMES

$2,131,225

AVERAGE PRICE OF 1,609 MULTI-MILLION DOLLAR HOMES

$1,256,539

AVERAGE PRICE OF 581 NEWLY BUILT HOMES

$521,367

AVERAGE PRICE OF 237 HOMES WITH A POOL

$534,964

AVERAGE PRICE OF 295 REDUCED PRICE HOMES

Average Home

Average Price $626,140
Avg Bedrooms 2.79 beds
Avg Bathrooms 2.04 baths

Average Price by Bedrooms

1 bedroom $288,313
2 bedrooms $460,426
3 bedrooms $701,423
4 bedrooms $695,069
5 bedrooms $774,324
Chicago Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 10,592 9,597 9,088 10,113 11,154
Average Price $613,719 $602,685 $598,332 $592,520 $603,097
Avg Price Change +1.83% +0.73% +0.98% -1.79% -1.14%
Median Price $369,457 $354,440 $349,750 $347,630 $352,860
Med Price Change +4.24% +1.34% +0.61% -1.50% -1.79%
Avg Bedrooms 2.77 beds 2.78 beds 2.8 beds 2.84 beds 2.87 beds
Avg Bathrooms 2.02 baths 1.99 baths 1.98 baths 1.98 baths 2.02 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lincoln Park High School 446 $1,491,434 74 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 11,388 $626,140 91 days
Distressed Homes 278 $203,109 137 days
Multi-Million Dollar Homes 1,609 $2,131,225 103 days
Newly Built Homes 581 $1,256,539 98 days
Homes with a Pool 237 $521,367 52 days
Reduced Price Homes 295 $534,964 52 days
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