Chicago Real Estate Overview



Average Listing Price

  • $414,390
  • for week ending Jul 16
  • -$389
  • -0.1%
  • w-o-w

Median Sales Price

  • $252,000
  • Apr '14 - Jul '14
  • +$32,000
  • +14.5%
  • y-o-y

Average Listing Price $414,390 -0.1% w-o-w
Median Sales Price $252,000 +14.5% y-o-y
Average Price/sqft $210 +15.4% y-o-y
Number of Sales 4023 -3.5 % y-o-y

Most popular neighborhoods Avg. listing Price
Week ending Jul 16
w-o-w
Near North Side $876,505 -2.1%
Lincoln Park $1,027,002 +2.1%
Loop $600,505 -7.5%
DePaul $877,577 +2.6%
Edgewater $285,629 +1.9%
Movers & Shakers Avg. listing price
Week ending Jul 16
w-o-w
O'Hare $160,513 -18.2%
Greektown $308,550 +17.6%
Washington Park $169,356 -14.2%
Jeffrey Manor $76,713 -12.6%
Morgan Park $186,295 +12.0%
View Chicago Home Prices Map

Summary for Chicago


Average price per square foot for Chicago IL was $210, an increase of 12.9% compared to the same period last year. The median sales price for homes in Chicago IL for Apr 14 to Jul 14 was $252,000 based on 4,023 home sales. Compared to the same period one year ago, the median home sales price increased 14.5%, or $32,000, and the number of home sales decreased 3.5%. There are currently 10,473 resale and new homes in Chicago on Trulia, including 226 open houses, as well as 13,261 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Chicago IL was $414,390 for the week ending Jul 16, which represents a decrease of 0.1%, or $389, compared to the prior week. Popular neighborhoods in Chicago include Near North Side and Lincoln Park, with average listing prices of $876,505 and $1,027,002.

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Homes for Sale in Chicago
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