The Near West Side housing market is not very competitive. The median sale price of a home in Near West Side was $47K last month, up 4.6% since last year. The median sale price per square foot in Near West Side is $57, up 245.5% since last year.
What is the housing market like in Near West Side today?
In March 2024, Near West Side home prices were up 4.6% compared to last year, selling for a median price of $47K. On average, homes in Near West Side sell after 32 days on the market compared to 57 days last year. There were 6 homes sold in March this year, up from 4 last year.
$113K
Sale Price
+208.2% since last year
$57
Sale $/Sq. Ft.
+245.5% since last year
Under List Price
7.6%
Days on Market
40.5
Down Payment
20.0%
Total Homes Sold
2
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How hot is the Near West Side housing market?
Near West Side is not very competitive. Homes sell in 40.5 days.
0
100
27
Not Very 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 12 months
Multiple offers are rare.
The average homes sell for about 8% below list price and go pending in around 41 days.
Hot homes
can sell for around list price and go pending in around 16 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 West Side housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Near West Side.
Risk Factor
Flood Factor - Major
56% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Near West Side has a major risk of flooding. 633 properties in Near West Side are likely to be
severely affected
by flooding over the next 30 years. This represents 56% of all properties in Near West Side. Flood risk is increasing at the same pace as the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Near West Side has a minor risk of wildfire. There are 12 properties in Near West Side that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Near West Side.
Near West Side has minimal risk of severe winds over the next 30 years
Wind Factor
Near West 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.