The Gage Park housing market is somewhat competitive. The median sale price of a home in Gage Park was $265K last month, up 15.2% since last year. The median sale price per square foot in Gage Park is $199, up 42.1% since last year.
What is the housing market like in Gage Park today?
In March 2024, Gage Park home prices were up 15.2% compared to last year, selling for a median price of $265K. On average, homes in Gage Park sell after 46 days on the market compared to 69 days last year. There were 11 homes sold in March this year, down from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$265,000
+15.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Gage Park, IL
$265,000
+15.2%
United States
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How hot is the Gage Park housing market?
Gage Park is somewhat competitive. Homes sell in 49.5 days.
0
100
56
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 6 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 50 days.
Hot homes
can sell for about 3% above list price and go pending in around 30 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 Gage Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Gage Park.
Risk Factor
Flood Factor - Moderate
46% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Gage Park has a moderate risk of flooding. 1,383 properties in Gage Park are likely to be
severely affected
by flooding over the next 30 years. This represents 46% of all properties in Gage Park. Flood risk is increasing slower than the national average.