How's Chicago's Real Estate Market?

Northfield, IL 60093

Single-Family Homes

312-961-6212


Northfield, IL 60093

Fri May 09 2025
This week the median list price for Northfield, IL 60093 is $1,099,499 with the market action index hovering around 54. This is less than last month's market action index of 55. Inventory has increased to 10. Click here to stay informed with the Northfield market!

Market Action Index

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

Strong Seller's Market

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Northfield, IL 60093

Fri May 09 2025
This week the median list price for Northfield, IL 60093 is $1,099,499 with the market action index hovering around 54. This is less than last month's market action index of 55. Inventory has increased to 10. Click here to stay informed with the Northfield market!

Market Action Index

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

Strong Seller's Market

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Northfield market.
Median List Price $1,099,499
Median Price of New Listings $1,099,000
Per Square Foot $346
Average Days on Market 62
Median Days on Market 42
Price Decreased 20%
Price Increased 0%
Relisted 20%
Inventory 10
Median Rent
Market Action 54
Strong Seller's Market

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$4,424,500 12,956 1 - 2.5 acres 8 9.3 18 0 0 28
$2,524,500 7,024 1 - 2.5 acres 5 4.8 32 0 0 35
$999,999 3,600 - 5 3.5 58 2 0 42
$915,000 2,251 0.25 - 0.5 acre 3 3 63 0 0 91