How's Chicago's Real Estate Market?

Chicago, IL 60614

Single-Family Homes

312-961-6212



Chicago, IL 60614

Tue May 26 2020
This week the median list price for Chicago, IL 60614 is $1,997,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 108. 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 Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Chicago, IL 60614

Tue May 26 2020
This week the median list price for Chicago, IL 60614 is $1,997,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 108. 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 Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Chicago market.
Median List Price $1,997,000
Per Square Foot $450
Days on Market 187
Price Decreased 24%
Price Increased 0%
Relisted 22%
Inventory 108
Median Rent $2,400
Most Expensive $45,000,000
Least Expensive $389,900
Market Action 28
Slight Buyer's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$4,250,000 6,800 0 - 4,500 sqft 6 7 7 1 1 218
$2,695,000 5,654 0 - 4,500 sqft 5 6 14 0 3 212
$1,750,000 4,200 0 - 4,500 sqft 5 5 26 1 3 219
$1,089,000 2,769 0 - 4,500 sqft 4 3 119 3 2 96