The Near South Side housing market is somewhat competitive. The median sale price of a home in Near South Side was $375K last month, up 1.4% since last year. The median sale price per square foot in Near South Side is $311, up 0.2% since last year.
What is the housing market like in Near South Side today?
In October 2024, Near South Side home prices were up 1.4% compared to last year, selling for a median price of $375K. On average, homes in Near South Side sell after 70 days on the market compared to 73 days last year. There were 123 homes sold in October this year, down from 147 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$375,000
+1.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Near South Side, IL
$375,000
+1.4%
United States
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How hot is the Near South Side housing market?
Near South Side is somewhat competitive. Homes sell in 73.5 days.
0
100
49
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 about 1% above list price and go pending in around 74 days.
Hot homes
can sell for about 6% above list price and go pending in around 49 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 Near South Side housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Near South Side.
Flood Factor
We’re working on getting current and accurate flood risk information
Fire Factor
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor
Near South Side has minimal risk of severe winds over the next 30 years
Heat Factor
We’re working on getting current and accurate heat risk information