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Chicago Market Trends

Today, December 16, 2009

Median Sales Price in Chicago

Embed Info
1 yr 5 yr Max
Chicago median sales prices
Number of sold homes in Chicago
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms-----
4 bedrooms-----
All properties$246,000-15.5%$263,500$291,000$245,000
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Chicago Summary

The median sales price for homes in Chicago IL for Sep 09 to Nov 09 was $246,000. This represents a decline of 6.6%, or $17,500, compared to the prior quarter and a decrease of 15.5% compared to the prior year. Sales prices have appreciated 0.4% over the last 5 years in Chicago.

The average listing price for Chicago homes for sale on Trulia was $434,590 for the week ending Dec 08, which represents a decline of 0.6%, or $2,581, compared to the prior week and a decline of 0.4%, or $1,574, compared to the week ending Nov 17. Average price per square foot for Chicago IL was $147, a decrease of 22.6% 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
Dec 8
w-o-wWeek ending
Dec 1
Week ending
Nov 24
Week ending
Nov 17
1 bedroom$247,613-1.5%$251,360$251,308$250,873
2 bedrooms$348,796-0.5%$350,530$351,996$349,886
3 bedrooms$513,190-1.2%$519,196$518,374$513,979
4 bedrooms$572,884-0.5%$575,804$589,236$586,580
All properties$434,590-0.6%$437,171$439,183$436,164
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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. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms-----
4 bedrooms-----
All properties$147-22.6%$154$190$185
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Popular Neighborhoods in Chicago

Neighborhoods Week ending
Dec 9
w-o-w Week ending
Dec 2
Week ending
Nov 25
Near North Side 1 — 1 1
Lincoln Park 2 — 2 2
DePaul 3 — 3 3
Wicker Park 4 — 4 4
Bucktown 5 +2 7 5
Loop 6 +4 10 6

Homes for Sale in Chicago

2100 North Racine Avenue #4H, Chicago IL
2100 N Rac…
$489,900
2 br  2 ba
1255 North Sandburg Terrace #2309, Chicago IL
1255 N San…
$219,900
1 br  1 ba
1300 North Astor Street #25C, Chicago IL
1300 N Ast…
$250,000
1 br  1 ba
440 North Wabash Avenue #1606, Chicago IL
440 N Waba…
$325,000
2 br  2 ba
1460 North Sandburg Terrace #2903, Chicago IL
1460 N San…
$235,000
1 br  1 ba
7354 South California Avenue, Chicago IL
7354 S Cal…
$140,000
3 br  1 ba
View all Chicago Homes for Sale
 
Stats & Trends
Chicago

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Nearby Cities

Cities
Median
sales price
Average
listing price
Cicero
$95,000
$137,616
Oak Park
$285,000
$359,216
Joliet
$138,750
$166,783
Crest Hill
$146,900
$173,682
Stickney
$140,000
$130,918
Berwyn
$136,750
$211,640
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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.