How's Chicago's Real Estate Market?

Chicago, IL 60614

Single-Family Homes

312-961-6212



Chicago, IL 60614

Mon Mar 01 2021
This week the median list price for Chicago, IL 60614 is $2,300,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 93. 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 has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Chicago, IL 60614

Mon Mar 01 2021
This week the median list price for Chicago, IL 60614 is $2,300,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 93. 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 has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Chicago market.
Median List Price $2,300,000
Per Square Foot $474
Days on Market 126
Price Decreased 29%
Price Increased 2%
Relisted 30%
Inventory 93
Median Rent $2,895
Most Expensive $45,000,000
Least Expensive $199,900
Market Action 30
Slight Seller's Advantage

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

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 6,550 0 - 4,500 sqft 6 6 13 1 2 161
$2,750,000 5,800 0 - 4,500 sqft 5 5 25 1 2 126
$1,850,000 4,700 0 - 4,500 sqft 5 4 20 0 3 77
$1,398,500 3,625 0 - 4,500 sqft 4 3 34 4 4 150