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 Apr - Jul '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms $166,500 +20.7% $142,000 $138,000 $145,000
3 bedrooms $196,000 +15.6% $170,000 $169,500 $182,000
4 bedrooms $340,000 +5.4% $293,750 $322,500 $260,000
All properties $247,500 +16.5% $197,000 $212,500 $225,000
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Summary for Chicago


The median sales price for homes in Chicago IL for Apr 14 to Jul 14 was $247,500. This represents an increase of 25.6%, or $50,500, compared to the prior quarter and an increase of 16.5% compared to the prior year. Sales prices have appreciated 10% over the last 5 years in Chicago. The average listing price for Chicago homes for sale on Trulia was $412,055 for the week ending Jul 02, which represents a decline of 0.4%, or $1,707, compared to the prior week and an increase of 1.6%, or $6,390, compared to the week ending Jun 11. Average price per square foot for Chicago IL was $204, an increase of 12.7% compared to the same period last year. Popular neighborhoods in Chicago include Near North Side, Lincoln Park, Loop, Bucktown, Uptown, and DePaul.

Average Listing Price in Chicago

 

Chicago average property price
Chicago – number of properties
No. Bedrooms Week ending
Jul 2
w-o-w Week ending
Jun 25
Week ending
Jun 18
Week ending
Jun 11
1 bedroom $241,321 -1.4% $244,790 $247,904 $246,245
2 bedrooms $331,235 -1.2% $335,252 $328,224 $331,157
3 bedrooms $413,320 +1.4% $407,468 $406,121 $404,132
4 bedrooms $508,182 -3.2% $525,175 $525,239 $517,144
All properties $412,055 -0.4% $413,762 $413,160 $405,665
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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 Apr - Jul '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms $202 +17.4% $169 $172 $154
3 bedrooms $187 +12.0% $163 $167 $159
4 bedrooms $233 +10.4% $216 $211 $179
All properties $204 +12.7% $178 $181 $168
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Popular Neighborhoods in Chicago


Neighborhoods Week ending
Jul 2
w-o-w Week ending
Jun 25
Week ending
Jun 18
Near North Side 1 1 1
Lincoln Park 2 2 2
Loop 3 3 3
Bucktown 4 +3 7 7
Uptown 5 -1 4 8
DePaul 6 -1 5 4
Stats & Trends
Homes for Sale in Chicago
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