Thinking of selling in Chicago?
Chicago homes have sold for a median of $400,000 over the past year, typically in about 12 days. It's a seller's market. Here's the full picture, and what your home is worth today.
$400,000
Median sale
20516
Homes sold
12 mo
27
Avg. days on mkt
$296
Median $/sqft
4075
For sale now
~2.4 mo supply
$290,000
Chicago
1 bd · 1 ba · 950 sf · 263d · 97% of list
$509,000
3204 Kostner Avenue
2 bd · 2 ba · 21d · 100% of list
$343,000
400 Randolph Street
1 bd · 1 ba · 825 sf · 131d · 98% of list
$380,000
910 Diversey Parkway
1 bd · 1 ba · 7d · 109% of list
$850,000
2072 Western Avenue
4 bd · 2.5 ba · 7d · 100% of list
$607,500
4026 Major Avenue
3 bd · 2 ba · 1,500 sf · 6d · 110% of list
$337,500
5555 SHERIDAN Road
2 bd · 2.5 ba · 98d · 96% of list
$910,000
1241 Dearborn Street
3 bd · 2 ba · 1,800 sf · 92d · 97% of list
Sold data via MRED MLS. Shown for market reference; information deemed reliable but not guaranteed.
A seller's market
Just 4075 homes for sale against 20516 sales a year, roughly 2.4 months of supply, firmly a seller's market.
5-bedroom demand
5-bedroom homes are the quickest to sell here, going under contract in about two weeks on average, faster than the neighborhood as a whole.
How fast do homes sell in Chicago?
Over the past year, homes in Chicago have gone under contract in about a month on average (27 days), with the typical home closing in about 12 days.
What is my Chicago home worth?
Homes here have sold for a median of $400,000 over the last 12 months, around $296 per square foot. Every home is different, so request a free, no-obligation valuation for a figure specific to yours.
Is now a good time to sell in Chicago?
With 4075 homes for sale against 20516 sales a year, about 2.4 months of supply, Chicago is a seller's market. Sellers here have been getting about 100.6% of list price.
Thinking of selling?
Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.
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Your local agent
Joe has read every one of the 20516 homes that sold in Chicago this past year, at a median of $400,000, with the typical home going under contract in about two weeks. Joe knows what today's Chicago buyer will actually pay, and what they won't.
With only 2.4 months of inventory, the risk here isn't finding a buyer; it's underpricing and leaving money on the table. Joe prices off the actual Chicago comps, not a national average, and sellers here have been getting about 100.6% of list price. Text or call any time for a straight read on your number.