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Chicago Market Report

$552,435

AVERAGE PRICE OF 16,348 HOMES

$169,462

AVERAGE PRICE OF 752 DISTRESSED HOMES

$2,039,545

AVERAGE PRICE OF 1,881 MULTI-MILLION DOLLAR HOMES

$1,171,371

AVERAGE PRICE OF 1,231 NEWLY BUILT HOMES

$460,895

AVERAGE PRICE OF 341 HOMES WITH A POOL

$419,993

AVERAGE PRICE OF 522 REDUCED PRICE HOMES

Average Home

Average Price $552,435
Avg Bedrooms 3.25 beds
Avg Bathrooms 2.4 baths

Average Price by Bedrooms

1 bedroom $284,449
2 bedrooms $421,259
3 bedrooms $661,413
4 bedrooms $642,302
5 bedrooms $663,815
Chicago Home Price Trends
  4/2019 3/2019 2/2019 1/2019 12/2018
Total Listings 15,373 13,795 10,935 11,276 12,546
Average Price $560,196 $562,140 $542,180 $540,189 $529,347
Avg Price Change -0.35% +3.68% +0.37% +2.05% -0.25%
Median Price $348,850 $336,360 $317,924 $302,564 $303,844
Med Price Change +3.71% +5.80% +5.08% -0.42% -3.14%
Avg Bedrooms 3.25 beds 3.28 beds 3.35 beds 3.41 beds 3.44 beds
Avg Bathrooms 2.4 baths 2.42 baths 2.21 baths 2.16 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Clemente Community Academy Senio 136 $673,744 47 days
Lake View High School 510 $762,496 51 days
Lincoln Park High School 774 $1,299,811 79 days
Taft High School 342 $412,752 51 days
Wells Community Academy Senior H 408 $865,071 90 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 16,348 $552,435 82 days
Distressed Homes 752 $169,462 121 days
Multi-Million Dollar Homes 1,881 $2,039,545 217 days
Newly Built Homes 1,231 $1,171,371 153 days
Homes with a Pool 341 $460,895 59 days
Reduced Price Homes 522 $419,993 52 days
RE/MAX Cornerstone
The Cindy Banks Team
3N462 Hickory Knoll
West Chicago, IL 60185
630-533-5900

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than REMAX Cornerstone are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © Copyright © 2019 Midwest Real Estate Data LLC Information deemed reliable but not guaranteed. Properties marked with the MRED icon are provided courtesy of Midwest Real Estate Data, LLC. Broker Reciprocity. Use of this site constitutes agreement to the terms and conditions.DMCA Notice
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than ReMAX Cornerstone are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Copyright © 2019 Midwest Real Estate Data LLC Information deemed reliable but not guaranteed. Properties marked with the MRED icon are provided courtesy of Midwest Real Estate Data, LLC. Broker Reciprocity. Use of this site constitutes agreement to the terms and conditions. DMCA Notice