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Chicago Market Trends

Today, December 7, 2009

Median Sales Price in Chicago

Embed Info
1 yr 5 yr Max
Chicago median sales prices
Number of sold homes in Chicago
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms-----
4 bedrooms-----
All properties$250,000-19.9%$262,500$312,000$247,500
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Chicago Summary

The median sales price for homes in Chicago IL for Aug 09 to Oct 09 was $250,000. This represents a decline of 4.8%, or $12,500, compared to the prior quarter and a decrease of 19.9% compared to the prior year. Sales prices have appreciated 1% over the last 5 years in Chicago.

The average listing price for Chicago homes for sale on Trulia was $438,714 for the week ending Nov 25, which represents an increase of 0.4%, or $1,734, compared to the prior week and a decline of 0.1%, or $559, compared to the week ending Nov 04. Average price per square foot for Chicago IL was $149, a decrease of 26.6% compared to the same period last year. Popular neighborhoods in Chicago include Near North Side, Lincoln Park, DePaul, Wicker Park, Bucktown, and Loop.

 

Average Listing Price in Chicago

Embed Info
1 yr 5 yr Max
Chicago average property price
Chicago – number of properties
No. BedroomsWeek ending
Nov 25
w-o-wWeek ending
Nov 18
Week ending
Nov 11
Week ending
Nov 4
1 bedroom$251,279+0.1%$250,972$251,813$254,373
2 bedrooms$351,713+0.4%$350,344$351,083$354,348
3 bedrooms$518,641+0.8%$514,629$509,715$508,741
4 bedrooms$586,094-0.4%$588,609$582,270$585,728
All properties$438,714+0.4%$436,980$436,631$439,273
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Average Price Per Sqft for Homes in Chicago

Embed Info
1 yr 5 yr Max
Chicago average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms-----
4 bedrooms-----
All properties$149-26.6%$152$203$188
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Popular Neighborhoods in Chicago

Neighborhoods Week ending
Nov 25
w-o-w Week ending
Nov 18
Week ending
Nov 11
Near North Side 1 — 1 1
Lincoln Park 2 — 2 2
DePaul 3 — 3 4
Wicker Park 4 — 4 3
Bucktown 5 — 5 6
Loop 6 +4 10 7

Homes for Sale in Chicago

30 West Oak Street #21A, Chicago IL
30 W Oak St…
$3,495,000
4 br  3 ½ ba
2618 South Kolin Avenue, Chicago IL
2618 S Kol…
$139,900
4 br  3 ba
1740 North Maplewood Avenue #216, Chicago IL
1740 N Map…
$274,900
1 br  1 ba
5303 South Maplewood Avenue, Chicago IL
5303 S Map…
$234,900
5 br  2 ba
1752 West 71st Street, Chicago IL
1752 W 71st…
$49,900
3 br  1 ba
758 North Larrabee Street #732, Chicago IL
758 N Larr…
$247,500
1 br  1 ba
View all Chicago Homes for Sale
 
Stats & Trends
Chicago

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Lincoln Park

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Nearby Cities

Cities
Median
sales price
Average
listing price
Cicero
$95,000
$140,090
Oak Park
$320,000
$359,317
Joliet
$140,000
$167,180
Crest Hill
$137,686
$170,507
Stickney
$150,000
$130,372
Berwyn
$151,000
$209,985

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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.