How's Chicago's Real Estate Market?

Chicago, IL 60614

Single-Family Homes

312-961-6212



Chicago, IL 60614

Fri Feb 26 2021
This week the median list price for Chicago, IL 60614 is $2,337,500 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 98. Click here to stay informed with the Chicago market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Chicago, IL 60614

Fri Feb 26 2021
This week the median list price for Chicago, IL 60614 is $2,337,500 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 98. Click here to stay informed with the Chicago market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Chicago market.
Median List Price $2,337,500
Per Square Foot $465
Days on Market 133
Price Decreased 32%
Price Increased 1%
Relisted 32%
Inventory 98
Median Rent $3,250
Most Expensive $45,000,000
Least Expensive $199,900
Market Action 30
Slight Seller's Advantage

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,199,000 6,800 0 - 4,500 sqft 6 6 12 2 2 203
$2,750,000 5,878 0 - 4,500 sqft 5 5 21 3 1 133
$1,895,000 4,700 0 - 4,500 sqft 5 4 20 0 4 77
$1,375,000 3,600 0 - 4,500 sqft 4 3 35 1 2 154