If you need assistance, please call 309-222-1792

Brady Lockenour
309-397-5544

Chicago Market Report

$595,874

AVERAGE PRICE OF 8,616 HOMES

$230,201

AVERAGE PRICE OF 248 DISTRESSED HOMES

$2,259,760

AVERAGE PRICE OF 1,087 MULTI-MILLION DOLLAR HOMES

$1,251,935

AVERAGE PRICE OF 386 NEWLY BUILT HOMES

$630,250

AVERAGE PRICE OF 149 HOMES WITH A POOL

$395,943

AVERAGE PRICE OF 155 REDUCED PRICE HOMES

Average Home

Average Price $595,874
Avg Bedrooms 2.72 beds
Avg Bathrooms 1.91 baths

Average Price by Bedrooms

1 bedroom $283,244
2 bedrooms $416,177
3 bedrooms $624,060
4 bedrooms $600,422
5 bedrooms $789,193
Chicago Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 9,436 10,768 11,411 11,251 11,313
Average Price $585,609 $589,688 $597,075 $602,294 $603,772
Avg Price Change -0.70% -1.25% -0.87% -0.25% -2.16%
Median Price $343,653 $352,344 $366,699 $372,260 $371,885
Med Price Change -2.53% -4.07% -1.52% +0.10% -1.19%
Avg Bedrooms 2.77 beds 2.8 beds 2.82 beds 2.83 beds 2.8 beds
Avg Bathrooms 1.93 baths 1.98 baths 2 baths 2.01 baths 2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lincoln Park High School 255 $1,665,994 98 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 8,616 $595,874 112 days
Distressed Homes 248 $230,201 121 days
Multi-Million Dollar Homes 1,087 $2,259,760 135 days
Newly Built Homes 386 $1,251,935 122 days
Homes with a Pool 149 $630,250 80 days
Reduced Price Homes 155 $395,943 79 days
HomeSmart Realty Group
Tracy Lockenour
15947 King Rd
Danvers, IL 61704
309-222-1792

Fair Housing/Equal Opportunity
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Based on information submitted to the MLS GRID by MRED as of January 24, 2025 11 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website. DMCA Notice
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