The Far Southwest Side housing market is somewhat competitive. Homes in Far Southwest Side receive 2 offers on average and sell in around 62 days. The median sale price of a home in Far Southwest Side was $253K last month, up 9.2% since last year. The median sale price per square foot in Far Southwest Side is $177, up 18.3% since last year.
What is the housing market like in Far Southwest Side today?
In January 2025, Far Southwest Side home prices were up 9.2% compared to last year, selling for a median price of $253K. On average, homes in Far Southwest Side sell after 62 days on the market compared to 70 days last year. There were 329 homes sold in January this year, up from 280 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$253,000
+9.2% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Far Southwest Side, IL
$253,000
+9.2%
United States
To compare other locations to the Far Southwest 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 Southwest Side housing market?
Far Southwest Side is somewhat competitive. Homes sell in 66.5 days.
0
100
48
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% below list price and go pending in around 67 days.
Hot homes
can sell for about 2% above list price and go pending in around 43 days.
Learn about schools in the Far Southwest Side area
Elementary
Middle
High
GreatSchools Rating
10/10
Keller Elementary Gifted Magnet School
Public • 1-8
217
Students
7 reviews
9/10
Kellogg Elementary School
Public • K-8
302
Students
14 reviews
8/10
Kolmar Avenue Elementary School
Public • PreK-5
397
Students
6 reviews
7/10
Meadow Lane School
Public • 3-5
180
Students
4 reviews
7/10
Mount Greenwood Elementary School
Public • K-8
1257
Students
19 reviews
Only showing 5 of
52 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 Southwest Side housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Far Southwest Side.
Flood Factor - Minor
33% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Far Southwest Side has a minor risk of flooding. 7,630 properties in Far Southwest Side are likely to be
severely affected
by flooding over the next 30 years. This represents 33% of all properties in Far Southwest Side. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Far Southwest Side has a minor risk of wildfire. There are 12 properties in Far Southwest Side that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Far Southwest Side.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Far Southwest Side has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Far Southwest Side is most at risk from hurricanes. 62,008 properties in Far Southwest Side have some risk of being in a severe wind event within the next 30 years.
97% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Far Southwest Side has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 97% of homes in Far Southwest Side have a Moderate Heat Factor®.
Far Southwest Side is expected to see a 114% increase in the number of days over 101ºF over the next 30 years. Far Southwest Side is expected to experience 7