If you need assistance, please call 309-222-1792

Chicago Market Report

$613,157

AVERAGE PRICE OF 10,994 HOMES

$218,777

AVERAGE PRICE OF 279 DISTRESSED HOMES

$2,226,740

AVERAGE PRICE OF 1,405 MULTI-MILLION DOLLAR HOMES

$1,330,905

AVERAGE PRICE OF 421 NEWLY BUILT HOMES

$593,007

AVERAGE PRICE OF 237 HOMES WITH A POOL

$500,476

AVERAGE PRICE OF 289 REDUCED PRICE HOMES

Average Home

Average Price $613,157
Avg Bedrooms 2.85 beds
Avg Bathrooms 2.03 baths

Average Price by Bedrooms

1 bedroom $287,507
2 bedrooms $447,667
3 bedrooms $641,119
4 bedrooms $645,506
5 bedrooms $807,652
Chicago Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 10,997 10,473 9,860 8,970 8,498
Average Price $605,463 $603,671 $604,528 $600,226 $591,910
Avg Price Change +0.30% -0.14% +0.72% +1.40% +1.08%
Median Price $375,000 $371,693 $365,920 $350,491 $344,990
Med Price Change +0.89% +1.58% +4.40% +1.59% +0.39%
Avg Bedrooms 2.85 beds 2.83 beds 2.8 beds 2.77 beds 2.73 beds
Avg Bathrooms 2.04 baths 2.02 baths 2 baths 1.96 baths 1.92 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lincoln Park High School 373 $1,425,513 61 days
Total Homes Average Price Avg Days on Site
All Homes 10,994 $613,157 87 days
Distressed Homes 279 $218,777 104 days
Multi-Million Dollar Homes 1,405 $2,226,740 101 days
Newly Built Homes 421 $1,330,905 85 days
Homes with a Pool 237 $593,007 58 days
Reduced Price Homes 289 $500,476 60 days
HomeSmart Realty Group
Tracy Lockenour
15947 King Rd
Danvers, IL 61704
309-222-1792

Fair Housing/Equal Opportunity
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Based on information submitted to the MLS GRID by MRED as of June 14, 2025 6 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website. DMCA Notice
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