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Chicago Market Trends

Today, November 8, 2009

Median Sales Price in Chicago

Embed Info
1 yr 5 yr Max
Chicago median sales prices
Number of sold homes in Chicago
No. BedroomsJul - Sep '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms-----
4 bedrooms-----
All properties$251,500-21.4%$258,000$320,000$245,000
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Chicago Summary

The median sales price for homes in Chicago IL for Jul 09 to Sep 09 was $251,500. This represents a decline of 2.5%, or $6,500, compared to the prior quarter and a decrease of 21.4% compared to the prior year. Sales prices have appreciated 2.7% over the last 5 years in Chicago.

The average listing price for Chicago homes for sale on Trulia was $439,206 for the week ending Oct 28, which represents a decline of 0.7%, or $3,051, compared to the prior week and a decline of 1.5%, or $6,855, compared to the week ending Oct 07. Average price per square foot for Chicago IL was $152, a decrease of 27.6% compared to the same period last year. Popular neighborhoods in Chicago include Near North Side, Lincoln Park, DePaul, Wicker Park, Bucktown, and Edgewater.

 

Average Listing Price in Chicago

Embed Info
1 yr 5 yr Max
Chicago average property price
Chicago – number of properties
No. BedroomsWeek ending
Oct 28
w-o-wWeek ending
Oct 21
Week ending
Oct 14
Week ending
Oct 7
1 bedroom$256,073+0.6%$254,431$257,527$258,038
2 bedrooms$356,411-0.2%$357,143$358,228$359,552
3 bedrooms$506,1970.0%$506,286$510,434$513,005
4 bedrooms$593,549-0.7%$597,775$600,548$600,362
All properties$439,206-0.7%$442,257$445,275$446,061
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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. BedroomsJul - Sep '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms-----
4 bedrooms-----
All properties$152-27.6%$143$210$186
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Popular Neighborhoods in Chicago

Neighborhoods Week ending
Oct 28
w-o-w Week ending
Oct 21
Week ending
Oct 14
Near North Side 1 — 1 1
Lincoln Park 2 — 2 2
DePaul 3 — 3 3
Wicker Park 4 +1 5 4
Bucktown 5 -1 4 9
Edgewater 6 — 6 5

Homes for Sale in Chicago

4215 S Vincennes Avenue #1, Chicago IL
4215 S Vin…
$47,500
 
7840 South East End Avenue #3N, Chicago IL
7840 S East…
$23,750
3 br  2 ba
1960 N Lincoln Park West #1009, Chicago IL
1960 N Lin…
$269,900
1 br  1 ba
175 East Delaware Place #8908, Chicago IL
175 E Dela…
$980,000
3 br  2 ½ ba
1516 South Wabash Avenue #701, Chicago IL
1516 S Wab…
$325,000
2 br  1 ½ ba
1929 South Homan Avenue, Chicago IL
1929 S Hom…
$76,900
4 br  3 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
$89,000
$139,145
Oak Park
$333,500
$353,594
Joliet
$140,714
$168,854
Crest Hill
$142,686
$169,784
Stickney
$142,450
$188,810
Berwyn
$152,000
$200,515
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Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
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.