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Chicago Market Report

$551,931

AVERAGE PRICE OF 16,360 HOMES

$168,864

AVERAGE PRICE OF 752 DISTRESSED HOMES

$2,036,041

AVERAGE PRICE OF 1,879 MULTI-MILLION DOLLAR HOMES

$1,165,752

AVERAGE PRICE OF 1,227 NEWLY BUILT HOMES

$460,895

AVERAGE PRICE OF 341 HOMES WITH A POOL

$419,446

AVERAGE PRICE OF 532 REDUCED PRICE HOMES

Average Home

Average Price $551,931
Avg Bedrooms 3.25 beds
Avg Bathrooms 2.4 baths

Average Price by Bedrooms

1 bedroom $284,493
2 bedrooms $420,694
3 bedrooms $659,199
4 bedrooms $641,863
5 bedrooms $664,071
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 $676,502 46 days
Lake View High School 512 $761,361 50 days
Lincoln Park High School 776 $1,303,933 78 days
Taft High School 341 $413,286 50 days
Wells Community Academy Senior H 409 $864,665 89 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 16,360 $551,931 81 days
Distressed Homes 752 $168,864 120 days
Multi-Million Dollar Homes 1,879 $2,036,041 216 days
Newly Built Homes 1,227 $1,165,752 153 days
Homes with a Pool 341 $460,895 58 days
Reduced Price Homes 532 $419,446 51 days
Keller Williams Preferred Realty | The Neill Realty Team
Kimberly Neill
16108 S 108th Ave
Orland Park , IL 60467
708-878-9215

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