Chicago Real-Estate Market Overview


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Average Listing Price

  • $325,113
  • for week ending Feb 03
  • +$17,117
  • +5.6%
  • w-o-w

Median Sales Price

  • $226,000
  • Nov '15 - Feb '16
  • +$6,000
  • +2.7%
  • y-o-y

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Most popular neighborhoods Avg. listing Price
Week ending Feb 3
w-o-w
Near North Side $775,304 +7.7%
Lincoln Park $949,928 +6.2%
DePaul $957,409 +3.8%
Loop $506,832 +0.6%
Edgewater $256,931 -2.3%
Movers & Shakers Avg. listing price
Week ending Feb 3
w-o-w
Archer Heights $225,681 +18.8%
Tri-Taylor $351,459 +16.3%
Woodlawn $122,111 +14.7%
Riverdale $37,599 +14.3%
Bucktown $671,779 +12.9%
View Chicago Home Prices Map

Summary for Chicago


Average price per square foot for Chicago IL was $186, an increase of 3.3% compared to the same period last year. The median sales price for homes in Chicago IL for Nov 15 to Feb 16 was $226,000 based on 3,863 home sales. Compared to the same period one year ago, the median home sales price increased 2.7%, or $6,000, and the number of home sales decreased 0.7%. There are currently 9,062 resale and new homes in Chicago on Trulia, including 167 open houses, as well as 5,263 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Chicago IL was $325,113 for the week ending Feb 03, which represents an increase of 5.6%, or $17,117, compared to the prior week. Popular neighborhoods in Chicago include Near North Side and Lincoln Park, with average listing prices of $775,304 and $949,928.


District Type Grades Schools Students
Central Stickney School District 110 Public PK - 8 1 455
City Of Chicago School District 299 Public PK - 12 642 422,559
School Name School Type Grades Parent Rating
Vaughn Occupational High School Public 9 - 12
Southside Occupational Academy High School Public
Northside Learning Center Public 9 - 12
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Stats & Trends
Homes for Sale in Chicago
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