Chicago Market Trends


Median Sales Price in Chicago

 

1 yr 5 yr Max
Chicago median sales prices
Number of sold homes in Chicago
No. Bedrooms Dec - Mar '15 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $315,000 +563.2% $316,000 $47,500 $273,750
2 bedrooms $157,250 +12.3% $162,500 $140,000 $145,000
3 bedrooms $192,500 +10.0% $212,000 $175,000 $164,000
4 bedrooms $330,000 +17.9% $317,250 $280,000 $242,000
All properties $212,000 +6.5% $240,000 $199,000 $195,000
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Summary for Chicago


The median sales price for homes in Chicago IL for Dec 14 to Mar 15 was $212,000. This represents a decline of 11.7%, or $28,000, compared to the prior quarter and an increase of 6.5% compared to the prior year. Sales prices have appreciated 8.7% over the last 5 years in Chicago. The average listing price for Chicago homes for sale on Trulia was $463,049 for the week ending Mar 04, which represents an increase of 0.8%, or $3,688, compared to the prior week and a decline of 0.1%, or $603, compared to the week ending Feb 11. Average price per square foot for Chicago IL was $192, an increase of 9.1% compared to the same period last year. Popular neighborhoods in Chicago include Near North Side, Lincoln Park, Loop, DePaul, Wicker Park, and Uptown.

Average Listing Price in Chicago

 

Chicago average property price
Chicago – number of properties
No. Bedrooms Week ending
Mar 4
w-o-w Week ending
Feb 25
Week ending
Feb 18
Week ending
Feb 11
1 bedroom $257,957 0.0% $257,859 $263,644 $262,482
2 bedrooms $338,927 +0.8% $336,335 $340,807 $340,476
3 bedrooms $468,641 +1.5% $461,748 $467,472 $465,807
4 bedrooms $507,381 +1.7% $498,756 $504,372 $494,641
All properties $463,049 +0.8% $459,361 $466,570 $463,652
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Average Price Per Sqft. for Homes in Chicago

 

1 yr 5 yr Max
Chicago average price per square foot
No. Bedrooms Dec - Mar '15 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $420 +281.8% $303 $110 $230
2 bedrooms $186 +13.4% $200 $164 $152
3 bedrooms $174 +7.4% $195 $162 $148
4 bedrooms $223 +5.2% $227 $212 $165
All properties $192 +9.1% $209 $176 $156
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Popular Neighborhoods in Chicago


Neighborhoods Week ending
Mar 4
w-o-w Week ending
Feb 18
Week ending
Feb 11
Near North Side 1 1 1
Lincoln Park 2 2 2
Loop 3 3 4
DePaul 4 4 3
Wicker Park 5 +5 10 9
Uptown 6 +1 7 5
Stats & Trends
Homes for Sale in Chicago
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