Near South Side Market Trends


Median Sales Price in Near South Side

 

1 yr 5 yr Max
Near South Side median sales prices
Number of sold homes in Near South Side
Neighborhood Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
Near South Side $381,000 +24.9% $328,500 $305,000 $375,000
Chicago $240,000 +7.1% $220,000 $224,000 $205,000
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Summary for Near South Side


The median sales price for homes in Near South Side for Feb 15 to May 15 was $381,000. This represents an increase of 16%, or $52,500, compared to the prior quarter and an increase of 24.9% compared to the prior year. Sales prices have appreciated 1.6% over the last 5 years in Near South Side, Chicago. The median sales price of $381,000 for Near South Side is 58.75% higher than the median sales price for Chicago IL. Average listing price for homes on Trulia in Near South Side was $437,047 for the week ending May 13, which represents a decline of 0.4%, or $1,784 compared to the prior week and an increase of 4.4%, or $18,508, compared to the week ending Apr 22. Average price per square foot for homes in Near South Side was $266 in the most recent quarter, which is 29.76% higher than the average price per square foot for homes in Chicago.

Average Listing Price in Near South Side

 

Near South Side average property price
Near South Side – number of properties
Neighborhood Week ending
May 13
w-o-w Week ending
May 6
Week ending
Apr 29
Week ending
Apr 22
Near South Side $437,047 -0.4% $438,831 $442,662 $418,539
Chicago $435,908 +2.5% $425,098 $429,751 $424,530
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Average Price Per Sqft. for Homes in Near South Side

 

1 yr 5 yr Max
Near South Side average price per square foot
Neighborhood Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
Near South Side $266 +2.7% $257 $259 $273
Chicago $205 +10.2% $196 $186 $162
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Popular Neighborhoods in Chicago


Neighborhoods Week ending
May 13
w-o-w Week ending
May 6
Week ending
Apr 29
Near North Side 1 1 1
Lincoln Park 2 2 2
DePaul 3 +1 4 5
Loop 4 -1 3 3
Edgewater 5 5 6
Wicker Park 6 6 4
Stats & Trends
Homes for Sale in Near South Side
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