The Far Southeast Side housing market is somewhat competitive. Homes in Far Southeast Side receive 2 offers on average and sell in around 77 days. The median sale price of a home in Far Southeast Side was $198K last month, up 19.6% since last year. The median sale price per square foot in Far Southeast Side is $123, up 12.8% since last year.
What is the housing market like in Far Southeast Side today?
In December 2024, Far Southeast Side home prices were up 19.6% compared to last year, selling for a median price of $198K. On average, homes in Far Southeast Side sell after 77 days on the market compared to 76 days last year. There were 438 homes sold in December this year, down from 458 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$198,000
+19.6% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Far Southeast Side, IL
$198,000
+19.6%
United States
To compare other locations to the Far Southeast 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.
Work with the best agents in Far Southeast Side
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Far Southeast Side housing market?
Far Southeast Side is somewhat competitive. Homes sell in 77 days.
0
100
36
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 3% below list price and go pending in around 77 days.
Hot homes
can sell for about 2% above list price and go pending in around 42 days.
Learn about schools in the Far Southeast Side area
Elementary
Middle
High
GreatSchools Rating
10/10
McDade Elementary Classical School
Public • K-7
181
Students
13 reviews
9/10
Poe Elementary Classical School
Public • K-7
198
Students
9 reviews
8/10
Black Magnet Elementary School
Public • K-8
445
Students
9 reviews
8/10
Lenart Elementary Regional Gifted Center
Public • PreK-8
276
Students
23 reviews
7/10
Burnside Elementary Scholastic Academy
Public • PreK-8
330
Students
12 reviews
Only showing 5 of
82 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 Far Southeast Side housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Far Southeast Side.
Flood Factor - Moderate
46% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Far Southeast Side has a moderate risk of flooding. 10,986 properties in Far Southeast Side are likely to be
severely affected
by flooding over the next 30 years. This represents 46% of all properties in Far Southeast Side. Flood risk is increasing slower than the national average.
7% of properties are at risk of wildfire over the next 30 years
Fire Factor
Far Southeast Side has a moderate risk of wildfire. There are 6,399 properties in Far Southeast Side that have some risk of being affected by wildfire over the next 30 years. This represents 7% of all properties in Far Southeast Side.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Far Southeast Side has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Far Southeast Side is most at risk from hurricanes. 80,295 properties in Far Southeast Side have some risk of being in a severe wind event within the next 30 years.
96% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Far Southeast Side has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 96% of homes in Far Southeast Side have a Moderate Heat Factor®.
Far Southeast Side is expected to see a 114% increase in the number of days over 101ºF over the next 30 years. Far Southeast Side is expected to experience 7