The Far Southeast Side housing market is not very competitive. Homes in Far Southeast Side receive 3 offers on average and sell in around 87 days. The median sale price of a home in Far Southeast Side was $167K last month, up 15.2% since last year. The median sale price per square foot in Far Southeast Side is $121, up 19.2% since last year.
What is the housing market like in Far Southeast Side today?
In March 2024, Far Southeast Side home prices were up 15.2% compared to last year, selling for a median price of $167K. On average, homes in Far Southeast Side sell after 87 days on the market compared to 75 days last year. There were 369 homes sold in March this year, down from 383 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$167,000
+15.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Far Southeast Side, IL
$167,000
+15.2%
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.
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How hot is the Far Southeast Side housing market?
Far Southeast Side is not very competitive. Homes sell in 88 days.
0
100
26
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 3 months
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 88 days.
Hot homes
can sell for about 2% above list price and go pending in around 46 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
McDade Elementary Classical School
Public • K-7 • Choice school
192
Students
13 reviews
9/10
Poe Elementary Classical School
Public • K-7 • Choice school
195
Students
9 reviews
9/10
Lenart Elementary Regional Gifted Center
Public • PreK-8 • Choice school
266
Students
21 reviews
8/10
Grissom Elementary School
Public • PreK-8
330
Students
6 reviews
7/10
Black Magnet Elementary School
Public • K-8 • Choice school
424
Students
9 reviews
Only showing 5 of
81 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.
Risk Factor
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. 11,396 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.
6% 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 5,603 properties in Far Southeast Side that have some risk of being affected by wildfire over the next 30 years. This represents 6% of all properties in Far Southeast Side.
Far Southeast Side has minimal risk of severe winds over the next 30 years
Wind Factor
Far Southeast 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.
96% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Far Southeast Side has a minor 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