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Chicago Market Report

$563,472

AVERAGE PRICE OF 10,518 HOMES

$220,986

AVERAGE PRICE OF 361 DISTRESSED HOMES

$2,164,204

AVERAGE PRICE OF 1,250 MULTI-MILLION DOLLAR HOMES

$1,286,569

AVERAGE PRICE OF 649 NEWLY BUILT HOMES

$506,631

AVERAGE PRICE OF 183 HOMES WITH A POOL

$380,363

AVERAGE PRICE OF 246 REDUCED PRICE HOMES

Average Home

Average Price $563,472
Avg Bedrooms 3.02 beds
Avg Bathrooms 2.1 baths

Average Price by Bedrooms

1 bedroom $284,230
2 bedrooms $417,016
3 bedrooms $635,608
4 bedrooms $613,588
5 bedrooms $664,933
Chicago Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 10,119 11,302 12,925 13,911 14,431
Average Price $555,564 $550,856 $556,360 $557,523 $555,776
Avg Price Change +0.85% -1.00% -0.21% +0.31% +0.26%
Median Price $325,280 $323,240 $335,310 $340,860 $347,487
Med Price Change +0.63% -3.73% -1.66% -1.94% -0.69%
Avg Bedrooms 3.04 beds 3.02 beds 2.99 beds 2.92 beds 2.93 beds
Avg Bathrooms 2.09 baths 2.07 baths 2.07 baths 2.06 baths 2.05 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lake View High School 203 $695,217 57 days
Lincoln Park High School 358 $1,383,802 88 days
Phillips Academy High School 87 $536,568 68 days
Taft High School 116 $496,892 70 days
Wells Community Academy Senior H 320 $1,077,735 84 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 10,518 $563,472 102 days
Distressed Homes 361 $220,986 121 days
Multi-Million Dollar Homes 1,250 $2,164,204 133 days
Newly Built Homes 649 $1,286,569 132 days
Homes with a Pool 183 $506,631 81 days
Reduced Price Homes 246 $380,363 75 days
Beyond Properties Realty
Erica Cuneen
109 North Marion St
Oak Park, IL 60301
708-386-1366
4343 North Western Ave
Chicago IL 60618
708-220-2025

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