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 Jan - Apr '15 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $125,000 +127.3% $315,000 $55,000 $231,500
2 bedrooms $155,500 +7.2% $158,000 $145,000 $140,500
3 bedrooms $195,000 +14.0% $200,000 $171,000 $170,000
4 bedrooms $323,000 -1.7% $316,250 $328,750 $219,250
All properties $230,000 +8.2% $220,000 $212,500 $195,000
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Summary for Chicago


The median sales price for homes in Chicago IL for Jan 15 to Apr 15 was $230,000. This represents an increase of 4.5%, or $10,000, compared to the prior quarter and an increase of 8.2% compared to the prior year. Sales prices have appreciated 17.9% over the last 5 years in Chicago. The average listing price for Chicago homes for sale on Trulia was $443,793 for the week ending Apr 29, which represents an increase of 4.3%, or $18,485, compared to the prior week and an increase of 5.9%, or $24,756, compared to the week ending Apr 08. Average price per square foot for Chicago IL was $200, an increase of 7.5% compared to the same period last year. Popular neighborhoods in Chicago include Near North Side, Lincoln Park, Loop, Wicker Park, DePaul, and Edgewater.

Average Listing Price in Chicago

 

Chicago average property price
Chicago – number of properties
No. Bedrooms Week ending
Apr 29
w-o-w Week ending
Apr 22
Week ending
Apr 15
Week ending
Apr 8
1 bedroom $246,927 +3.3% $238,977 $244,677 $244,264
2 bedrooms $336,069 +2.6% $327,547 $328,435 $324,181
3 bedrooms $466,980 +5.5% $442,684 $451,404 $447,104
4 bedrooms $728,702 +9.1% $667,658 $678,594 $645,852
All properties $443,793 +4.3% $425,308 $429,861 $419,037
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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 Jan - Apr '15 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $420 +137.3% $314 $177 $297
2 bedrooms $193 +8.4% $192 $178 $150
3 bedrooms $182 +9.0% $180 $167 $146
4 bedrooms $222 -5.1% $224 $234 $167
All properties $200 +7.5% $198 $186 $158
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Popular Neighborhoods in Chicago


Neighborhoods Week ending
Apr 29
w-o-w Week ending
Apr 22
Week ending
Apr 15
Near North Side 1 1 1
Lincoln Park 2 2 2
Loop 3 +1 4 3
Wicker Park 4 +1 5 6
DePaul 5 -2 3 4
Edgewater 6 6 5
Stats & Trends
Homes for Sale in Chicago
View all Chicago Homes for Sale