The Southwest Side housing market is somewhat competitive. Homes in Southwest Side receive 3 offers on average and sell in around 59.5 days. The median sale price of a home in Southwest Side was $275K last month, up 6.0% since last year. The median sale price per square foot in Southwest Side is $166, down 8.0% since last year.
What is the housing market like in Southwest Side today?
In January 2025, Southwest Side home prices were up 6.0% compared to last year, selling for a median price of $275K. On average, homes in Southwest Side sell after 60 days on the market compared to 63 days last year. There were 416 homes sold in January this year, down from 438 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$275,000
+6.0% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Southwest Side, IL
$275,000
+6.0%
United States
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How hot is the Southwest Side housing market?
Southwest Side is somewhat competitive. Homes sell in 63 days.
0
100
58
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 63 days.
Hot homes
can sell for about 4% above list price and go pending in around 37 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Southwest Side housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southwest Side.
Flood Factor - Minor
49% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest Side has a minor risk of flooding. 17,017 properties in Southwest Side are likely to be
severely affected
by flooding over the next 30 years. This represents 49% of all properties in Southwest Side. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Southwest Side has a minor risk of wildfire. There are properties in Southwest Side that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Southwest Side.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Southwest Side has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Southwest Side is most at risk from hurricanes. 107,185 properties in Southwest Side have some risk of being in a severe wind event within the next 30 years.