The Far Southwest Side housing market is somewhat competitive. Homes in Far Southwest Side receive 2 offers on average and sell in around 70 days. The median sale price of a home in Far Southwest Side was $250K last month, up 7.0% since last year. The median sale price per square foot in Far Southwest Side is $184, up 18.6% since last year.
What is the housing market like in Far Southwest Side today?
In March 2024, Far Southwest Side home prices were up 7.0% compared to last year, selling for a median price of $250K. On average, homes in Far Southwest Side sell after 70 days on the market compared to 90 days last year. There were 294 homes sold in March this year, down from 317 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$249,950
+7.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Far Southwest Side, IL
$249,951
+7.0%
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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Far Southwest Side housing market?
Far Southwest Side is somewhat competitive. Homes sell in 65 days.
0
100
45
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 65 days.
Hot homes
can sell for about 2% above list price and go pending in around 38 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
Keller Elementary Gifted Magnet School
Public • 1-8 • Choice school
225
Students
7 reviews
7/10
Northwest School
Public • PreK-5
298
Students
1 reviews
7/10
Mount Greenwood Elementary School
Public • K-8
1181
Students
19 reviews
7/10
Kolmar Avenue Elementary School
Public • PreK-5
438
Students
4 reviews
7/10
Hometown Elementary School
Public • PreK-5
387
Students
4 reviews
Only showing 5 of
53 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.
Risk Factor
Flood Factor - Moderate
34% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Far Southwest Side has a moderate risk of flooding. 7,955 properties in Far Southwest Side are likely to be
severely affected
by flooding over the next 30 years. This represents 34% 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 6 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.
Far Southwest Side has minimal risk of severe winds over the next 30 years
Wind Factor
Far Southwest 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 Southwest Side has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 96% 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