Chicago Market Report

$569,214

AVERAGE PRICE OF 12,454 HOMES

$193,767

AVERAGE PRICE OF 246 DISTRESSED HOMES

$2,181,870

AVERAGE PRICE OF 1,358 MULTI-MILLION DOLLAR HOMES

$1,008,254

AVERAGE PRICE OF 930 NEWLY BUILT HOMES

$426,949

AVERAGE PRICE OF 404 HOMES WITH A POOL

$411,336

AVERAGE PRICE OF 217 REDUCED PRICE HOMES

Average Home

Average Price $569,214
Avg Bedrooms 2.46 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $262,671
2 bedrooms $411,699
3 bedrooms $681,790
4 bedrooms $858,897
5 bedrooms $1,097,646
Chicago Home Price Trends
  1/2021 12/2020 11/2020 10/2020 9/2020
Total Listings 11,254 12,312 14,120 15,242 14,880
Average Price $561,977 $553,352 $555,263 $559,090 $570,448
Avg Price Change +1.56% -0.35% -0.69% -2.03% n/a
Median Price $341,767 $339,663 $349,766 $357,309 $368,736
Med Price Change +0.62% -2.97% -2.16% -3.20% n/a
Avg Bedrooms 2.49 beds 2.51 beds 2.53 beds 2.54 beds 2.57 beds
Avg Bathrooms 2.2 baths 2.2 baths 2.22 baths 2.23 baths 2.25 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lake View High School 443 $610,833 50 days
Lincoln Park High School 788 $1,188,929 66 days
Senn High School 141 $341,176 58 days
Taft High School 199 $407,714 52 days
Wells Community Academy Senior H 541 $840,497 69 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 12,454 $569,214 72 days
Distressed Homes 246 $193,767 111 days
Multi-Million Dollar Homes 1,358 $2,181,870 98 days
Newly Built Homes 930 $1,008,254 85 days
Homes with a Pool 404 $426,949 68 days
Reduced Price Homes 217 $411,336 60 days