The Southwest Side housing market is somewhat competitive. Homes in Southwest Side receive 5 offers on average and sell in around 67 days. The median sale price of a home in Southwest Side was $258K last month, up 9.7% since last year. The median sale price per square foot in Southwest Side is $165, down 4.3% since last year.
What is the housing market like in Southwest Side today?
In March 2024, Southwest Side home prices were up 9.7% compared to last year, selling for a median price of $258K. On average, homes in Southwest Side sell after 67 days on the market compared to 71 days last year. There were 400 homes sold in March this year, down from 419 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$257,750
+9.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southwest Side, IL
$257,750
+9.7%
United States
To compare other locations to the Southwest Side and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Chicago add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Southwest Side housing market?
Southwest Side is somewhat competitive. Homes sell in 59 days.
0
100
48
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 59 days.
Hot homes
can sell for about 3% above list price and go pending in around 37 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Sheridan Elementary Math & Science Academy
Public • K-8 • Choice school
559
Students
22 reviews
9/10
Healy Elementary School
Public • PreK-8
1410
Students
9 reviews
9/10
Everett Elementary School
Public • PreK-5
152
Students
4 reviews
9/10
Kinzie Elementary School
Public • PreK-8
686
Students
10 reviews
8/10
Twain Elementary School
Public • PreK-8
1086
Students
9 reviews
Only showing 5 of
100+ elementary schools.
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.
Risk Factor
Flood Factor - Moderate
50% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest Side has a moderate risk of flooding. 17,735 properties in Southwest Side are likely to be
severely affected
by flooding over the next 30 years. This represents 50% of all properties in Southwest Side. Flood risk is increasing slower than the national average.
Southwest Side has minimal risk of severe winds over the next 30 years
Wind Factor
Southwest Side has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.