{"id":22707,"date":"2015-10-22T04:55:01","date_gmt":"2015-10-22T11:55:01","guid":{"rendered":"https:\/\/redfindevelop.wpengine.com\/blog\/research\/?p=22707"},"modified":"2020-10-05T16:23:01","modified_gmt":"2020-10-05T23:23:01","slug":"chicago-housing-market-tracker-sept-2015","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/chicago-housing-market-tracker-sept-2015\/","title":{"rendered":"Chicago Home Prices Hold Steady as For-Sale Signs Multiply; Roscoe Village Moving Fast"},"content":{"rendered":"

\"chicago<\/a><\/p>\n

Chicago home values\u00a0held steady in September from a year earlier, with the median sale price rising slightly to $249,250. Sales were up 6 percent year over year.<\/span><\/p>\n

There were more than 10,800 homes for sale, a three-year high and a 4.2 percent increase from this time last year. Despite the growing inventory, Chicago remains a seller\u2019s market. The city had only a 4.5-month supply of properties for sale, below the 6\u00a0months of inventory that signals a balanced market. A typical home sold in 24 days.<\/span><\/p>\n

\"MedianSalePriceFinal\"<\/a><\/p>\n

Hot\u00a0Neighborhoods<\/h2>\n

Roscoe Village<\/a> and the West Loop tied for the fastest-moving neighborhoods, with half the homes in each going under contract in nine days or less. Median sale prices were $456,000 and $371,800, respectively. <\/span><\/p>\n

A study in contrasts, the West Loop<\/a> is known for its loft-conversion condos along restaurant row, while Roscoe Village offers far more single-family homes and is seen as an alternative to pricier North Center<\/a> and Lincoln Park. <\/span><\/p>\n

\"HomesSoldFinal\"<\/a><\/p>\n

The median sale price in Tri-Taylor<\/a> jumped a meteoric 108 percent to $296,300, though with a small-sample caveat: only 11 transactions were recorded. Nevertheless, interest appears to be genuine, especially in the wake of new construction.<\/span><\/p>\n

\u201cFor a long time, no one was looking in Tri-Taylor,\u201d Redfin real estate agent Alex Haried said. \u201cBut with the new <\/span>SmartTech Homes<\/span><\/a> project attracting buyers to the area, they\u2019re seeing the neighborhood as a whole and the solid value it represents.\u201d<\/span><\/p>\n

North Center had the highest median sale price, at $537,000, followed by Bucktown at $525,700. Lincoln Park came in third at $499,700. <\/span><\/p>\n

See our city pages for the most up-to-date data on <\/span>Chicago home prices<\/span><\/a>.<\/span><\/p>\n

Here\u2019s what\u2019s happening in your neighborhood:<\/b><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nYear-Over-Year<\/th>\nHomes sold<\/th>\nYear-Over-Year<\/th>\nInventory<\/th>\nYear-Over-Year<\/th>\n<\/tr>\n<\/thead>\n
Albany Park<\/a><\/td>\n$241,500<\/td>\n18.7%<\/td>\n94<\/td>\n13.3%<\/td>\n150<\/td>\n21.0%<\/td>\n<\/tr>\n
Andersonville<\/a><\/td>\n$362,400<\/td>\n20.0%<\/td>\n65<\/td>\n35.4%<\/td>\n68<\/td>\n7.9%<\/td>\n<\/tr>\n
Archer Heights<\/a><\/td>\n$183,100<\/td>\n16.3%<\/td>\n16<\/td>\n-38.5%<\/td>\n24<\/td>\n26.3%<\/td>\n<\/tr>\n
Austin<\/a><\/td>\n$80,800<\/td>\n6.5%<\/td>\n65<\/td>\n-1.5%<\/td>\n116<\/td>\n27.5%<\/td>\n<\/tr>\n
Avondale<\/a><\/td>\n$313,400<\/td>\n-8.3%<\/td>\n78<\/td>\n23.8%<\/td>\n69<\/td>\n-1.4%<\/td>\n<\/tr>\n
Beverly<\/a><\/td>\n$281,600<\/td>\n-1.7%<\/td>\n68<\/td>\n21.4%<\/td>\n130<\/td>\n19.3%<\/td>\n<\/tr>\n
Bridgeport<\/a><\/td>\n$343,800<\/td>\n8.7%<\/td>\n40<\/td>\n-2.4%<\/td>\n74<\/td>\n0.0%<\/td>\n<\/tr>\n
Brighton Park<\/a><\/td>\n$131,300<\/td>\n-0.5%<\/td>\n17<\/td>\n-26.1%<\/td>\n42<\/td>\n75.0%<\/td>\n<\/tr>\n
Bucktown<\/a><\/td>\n$525,700<\/td>\n3.2%<\/td>\n99<\/td>\n11.2%<\/td>\n89<\/td>\n-1.1%<\/td>\n<\/tr>\n
Clearing<\/a><\/td>\n$163,900<\/td>\n12.2%<\/td>\n80<\/td>\n19.4%<\/td>\n104<\/td>\n26.8%<\/td>\n<\/tr>\n
Edgewater<\/a><\/td>\n$236,400<\/td>\n9.0%<\/td>\n231<\/td>\n6.5%<\/td>\n297<\/td>\n13.8%<\/td>\n<\/tr>\n
Edison Park<\/a><\/td>\n$357,000<\/td>\n9.0%<\/td>\n48<\/td>\n23.1%<\/td>\n73<\/td>\n30.4%<\/td>\n<\/tr>\n
Englewood<\/a><\/td>\n$14,800<\/td>\n-25.6%<\/td>\n12<\/td>\n0.0%<\/td>\n50<\/td>\n0.0%<\/td>\n<\/tr>\n
Garfield Ridge<\/a><\/td>\n$195,200<\/td>\n10.7%<\/td>\n115<\/td>\n18.6%<\/td>\n126<\/td>\n5.9%<\/td>\n<\/tr>\n
Gold Coast<\/a><\/td>\n$277,400<\/td>\n-10.9%<\/td>\n191<\/td>\n-2.6%<\/td>\n325<\/td>\n4.8%<\/td>\n<\/tr>\n
Humboldt Park<\/a><\/td>\n$307,300<\/td>\n18.1%<\/td>\n122<\/td>\n-6.2%<\/td>\n136<\/td>\n-1.4%<\/td>\n<\/tr>\n
Hyde Park<\/a><\/td>\n$185,100<\/td>\n-11.3%<\/td>\n102<\/td>\n41.7%<\/td>\n174<\/td>\n-19.4%<\/td>\n<\/tr>\n
Jefferson Park<\/a><\/td>\n$251,900<\/td>\n-3.2%<\/td>\n93<\/td>\n66.1%<\/td>\n99<\/td>\n13.8%<\/td>\n<\/tr>\n
Kenwood<\/a><\/td>\n$196,200<\/td>\n2.6%<\/td>\n50<\/td>\n4.2%<\/td>\n112<\/td>\n-10.4%<\/td>\n<\/tr>\n
Lincoln Park \/ DePaul<\/a><\/td>\n$499,700<\/td>\n3.6%<\/td>\n495<\/td>\n6.5%<\/td>\n543<\/td>\n6.1%<\/td>\n<\/tr>\n
Lincoln Square<\/a><\/td>\n$294,400<\/td>\n-9.8%<\/td>\n66<\/td>\n0.0%<\/td>\n87<\/td>\n10.1%<\/td>\n<\/tr>\n
Logan Square<\/a><\/td>\n$318,000<\/td>\n-6.2%<\/td>\n151<\/td>\n-10.1%<\/td>\n144<\/td>\n7.5%<\/td>\n<\/tr>\n
McKinley Park<\/a><\/td>\n$242,700<\/td>\n20.1%<\/td>\n18<\/td>\n5.9%<\/td>\n25<\/td>\n13.6%<\/td>\n<\/tr>\n
Montclare<\/a><\/td>\n$225,900<\/td>\n30.5%<\/td>\n40<\/td>\n33.3%<\/td>\n49<\/td>\n-2.0%<\/td>\n<\/tr>\n
Mount Greenwood<\/a><\/td>\n$213,600<\/td>\n5.1%<\/td>\n52<\/td>\n15.6%<\/td>\n77<\/td>\n40.0%<\/td>\n<\/tr>\n
Near North Side<\/a><\/td>\n$395,800<\/td>\n-1.4%<\/td>\n838<\/td>\n6.2%<\/td>\n1,213<\/td>\n9.4%<\/td>\n<\/tr>\n
North Center<\/a><\/td>\n$537,000<\/td>\n12.4%<\/td>\n109<\/td>\n32.9%<\/td>\n111<\/td>\n15.6%<\/td>\n<\/tr>\n
Old Town<\/a><\/td>\n$318,800<\/td>\n-11.0%<\/td>\n164<\/td>\n10.8%<\/td>\n148<\/td>\n8.8%<\/td>\n<\/tr>\n
Portage Park<\/a><\/td>\n$243,700<\/td>\n3.7%<\/td>\n149<\/td>\n5.7%<\/td>\n194<\/td>\n12.8%<\/td>\n<\/tr>\n
Pullman<\/a><\/td>\n$54,600<\/td>\n-22.6%<\/td>\n17<\/td>\n70.0%<\/td>\n23<\/td>\n-23.3%<\/td>\n<\/tr>\n
Ravenswood<\/a><\/td>\n$370,200<\/td>\n14.6%<\/td>\n84<\/td>\n13.5%<\/td>\n79<\/td>\n-2.5%<\/td>\n<\/tr>\n
River North<\/a><\/td>\n$394,600<\/td>\n-0.5%<\/td>\n293<\/td>\n6.2%<\/td>\n310<\/td>\n9.9%<\/td>\n<\/tr>\n
Rogers Park<\/a><\/td>\n$178,100<\/td>\n21.3%<\/td>\n133<\/td>\n6.4%<\/td>\n206<\/td>\n30.4%<\/td>\n<\/tr>\n
Roscoe Village<\/a><\/td>\n$456,000<\/td>\n-21.1%<\/td>\n103<\/td>\n17.0%<\/td>\n105<\/td>\n16.7%<\/td>\n<\/tr>\n
Sauganash<\/a><\/td>\n$359,700<\/td>\n-0.3%<\/td>\n60<\/td>\n62.2%<\/td>\n72<\/td>\n56.5%<\/td>\n<\/tr>\n
South Lawndale \/ Little Village<\/a><\/td>\n$55,000<\/td>\n4.4%<\/td>\n15<\/td>\n-6.3%<\/td>\n23<\/td>\n9.5%<\/td>\n<\/tr>\n
South Loop<\/a><\/td>\n$336,600<\/td>\n1.1%<\/td>\n367<\/td>\n11.9%<\/td>\n369<\/td>\n16.8%<\/td>\n<\/tr>\n
South Shore<\/a><\/td>\n$57,800<\/td>\n44.9%<\/td>\n57<\/td>\n-10.9%<\/td>\n138<\/td>\n-25.4%<\/td>\n<\/tr>\n
Streeterville<\/a><\/td>\n$447,700<\/td>\n-5.2%<\/td>\n189<\/td>\n13.2%<\/td>\n321<\/td>\n-4.2%<\/td>\n<\/tr>\n
The Loop<\/a><\/td>\n$319,900<\/td>\n-4.8%<\/td>\n238<\/td>\n8.2%<\/td>\n347<\/td>\n10.9%<\/td>\n<\/tr>\n
Tri-Taylor<\/a><\/td>\n$296,300<\/td>\n108.4%<\/td>\n11<\/td>\n-21.4%<\/td>\n25<\/td>\n66.7%<\/td>\n<\/tr>\n
Ukrainian Village<\/a><\/td>\n$412,100<\/td>\n3.9%<\/td>\n42<\/td>\n68.0%<\/td>\n32<\/td>\n-20.0%<\/td>\n<\/tr>\n
Uptown<\/a><\/td>\n$230,900<\/td>\n0.7%<\/td>\n271<\/td>\n27.8%<\/td>\n319<\/td>\n-10.4%<\/td>\n<\/tr>\n
West Loop<\/a><\/td>\n$371,800<\/td>\n-1.4%<\/td>\n277<\/td>\n-2.5%<\/td>\n142<\/td>\n-17.4%<\/td>\n<\/tr>\n
West Town<\/a><\/td>\n$427,800<\/td>\n3.7%<\/td>\n552<\/td>\n10.0%<\/td>\n382<\/td>\n-14.2%<\/td>\n<\/tr>\n
Wicker Park<\/a><\/td>\n$473,600<\/td>\n14.9%<\/td>\n193<\/td>\n17.7%<\/td>\n110<\/td>\n-31.3%<\/td>\n<\/tr>\n
Wrigleyville \/ Lakeview<\/a><\/td>\n$353,600<\/td>\n0.3%<\/td>\n683<\/td>\n10.2%<\/td>\n708<\/td>\n0.3%<\/td>\n<\/tr>\n
Chicago, IL<\/b><\/td>\n$249,250<\/b><\/td>\n1.7%<\/b><\/td>\n2,430<\/b><\/td>\n6.3%<\/b><\/td>\n10,835<\/b><\/td>\n4.2%<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Neighborhood<\/th>\nNew Listings<\/th>\nMedian Days on Market<\/th>\nAvg Sale-to-List<\/th>\n<\/tr>\n<\/thead>\n
Albany Park<\/a><\/td>\n185<\/td>\n21<\/td>\n95.3%<\/td>\n<\/tr>\n
Andersonville<\/a><\/td>\n83<\/td>\n21<\/td>\n96.2%<\/td>\n<\/tr>\n
Archer Heights<\/a><\/td>\n30<\/td>\n62<\/td>\n97.3%<\/td>\n<\/tr>\n
Austin<\/a><\/td>\n144<\/td>\n34<\/td>\n98.6%<\/td>\n<\/tr>\n
Avondale<\/a><\/td>\n104<\/td>\n15<\/td>\n96.4%<\/td>\n<\/tr>\n
Beverly<\/a><\/td>\n158<\/td>\n24<\/td>\n96.7%<\/td>\n<\/tr>\n
Bridgeport<\/a><\/td>\n82<\/td>\n19<\/td>\n94.9%<\/td>\n<\/tr>\n
Brighton Park<\/a><\/td>\n55<\/td>\n19<\/td>\n101.8%<\/td>\n<\/tr>\n
Bucktown<\/a><\/td>\n145<\/td>\n12<\/td>\n97.3%<\/td>\n<\/tr>\n
Clearing<\/a><\/td>\n125<\/td>\n21<\/td>\n95.1%<\/td>\n<\/tr>\n
Edgewater<\/a><\/td>\n329<\/td>\n30<\/td>\n93.9%<\/td>\n<\/tr>\n
Edison Park<\/a><\/td>\n93<\/td>\n20<\/td>\n96.1%<\/td>\n<\/tr>\n
Englewood<\/a><\/td>\n34<\/td>\n56<\/td>\n87.6%<\/td>\n<\/tr>\n
Garfield Ridge<\/a><\/td>\n168<\/td>\n33<\/td>\n93.8%<\/td>\n<\/tr>\n
Gold Coast<\/a><\/td>\n341<\/td>\n27<\/td>\n94.9%<\/td>\n<\/tr>\n
Humboldt Park<\/a><\/td>\n211<\/td>\n18<\/td>\n97.8%<\/td>\n<\/tr>\n
Hyde Park<\/a><\/td>\n133<\/td>\n48<\/td>\n90.7%<\/td>\n<\/tr>\n
Jefferson Park<\/a><\/td>\n147<\/td>\n25<\/td>\n94.3%<\/td>\n<\/tr>\n
Kenwood<\/a><\/td>\n84<\/td>\n51<\/td>\n88.6%<\/td>\n<\/tr>\n
Lincoln Park \/ DePaul<\/a><\/td>\n779<\/td>\n16<\/td>\n96.7%<\/td>\n<\/tr>\n
Lincoln Square<\/a><\/td>\n97<\/td>\n26<\/td>\n95.3%<\/td>\n<\/tr>\n
Logan Square<\/a><\/td>\n219<\/td>\n12<\/td>\n97.0%<\/td>\n<\/tr>\n
McKinley Park<\/a><\/td>\n26<\/td>\n18<\/td>\n98.5%<\/td>\n<\/tr>\n
Montclare<\/a><\/td>\n63<\/td>\n22<\/td>\n97.6%<\/td>\n<\/tr>\n
Mount Greenwood<\/a><\/td>\n100<\/td>\n13<\/td>\n96.9%<\/td>\n<\/tr>\n
Near North Side<\/a><\/td>\n1,357<\/td>\n25<\/td>\n96.6%<\/td>\n<\/tr>\n
North Center<\/a><\/td>\n164<\/td>\n16<\/td>\n96.7%<\/td>\n<\/tr>\n
Old Town<\/a><\/td>\n213<\/td>\n14<\/td>\n96.8%<\/td>\n<\/tr>\n
Portage Park<\/a><\/td>\n261<\/td>\n22<\/td>\n94.9%<\/td>\n<\/tr>\n
Pullman<\/a><\/td>\n28<\/td>\n59<\/td>\n90.1%<\/td>\n<\/tr>\n
Ravenswood<\/a><\/td>\n127<\/td>\n21<\/td>\n96.3%<\/td>\n<\/tr>\n
River North<\/a><\/td>\n413<\/td>\n21<\/td>\n97.4%<\/td>\n<\/tr>\n
Rogers Park<\/a><\/td>\n235<\/td>\n26<\/td>\n94.2%<\/td>\n<\/tr>\n
Roscoe Village<\/a><\/td>\n173<\/td>\n9<\/td>\n96.3%<\/td>\n<\/tr>\n
Sauganash<\/a><\/td>\n89<\/td>\n34<\/td>\n94.0%<\/td>\n<\/tr>\n
South Lawndale \/ Little Village<\/a><\/td>\n25<\/td>\n31<\/td>\n102.2%<\/td>\n<\/tr>\n
South Loop<\/a><\/td>\n513<\/td>\n17<\/td>\n99.1%<\/td>\n<\/tr>\n
South Shore<\/a><\/td>\n133<\/td>\n39<\/td>\n90.3%<\/td>\n<\/tr>\n
Streeterville<\/a><\/td>\n307<\/td>\n35<\/td>\n95.6%<\/td>\n<\/tr>\n
The Loop<\/a><\/td>\n373<\/td>\n30<\/td>\n96.7%<\/td>\n<\/tr>\n
Tri-Taylor<\/a><\/td>\n27<\/td>\n49<\/td>\n95.9%<\/td>\n<\/tr>\n
Ukrainian Village<\/a><\/td>\n49<\/td>\n16<\/td>\n97.9%<\/td>\n<\/tr>\n
Uptown<\/a><\/td>\n393<\/td>\n26<\/td>\n94.7%<\/td>\n<\/tr>\n
West Loop<\/a><\/td>\n278<\/td>\n9<\/td>\n99.0%<\/td>\n<\/tr>\n
West Town<\/a><\/td>\n706<\/td>\n13<\/td>\n97.9%<\/td>\n<\/tr>\n
Wicker Park<\/a><\/td>\n218<\/td>\n10<\/td>\n98.2%<\/td>\n<\/tr>\n
Wrigleyville \/ Lakeview<\/a><\/td>\n989<\/td>\n22<\/td>\n96.3%<\/td>\n<\/tr>\n
Chicago, IL<\/b><\/td>\n4,364<\/b><\/td>\n24<\/b><\/td>\n95.7%<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

NOTE: Not all neighborhoods are listed, but totals for Chicago encompass entire city. Data is based on listing information and might not reflect all real estate activity in the market. Neighborhood data is measured over the three months ended Sept. 31. Inventory measures listings active as of Sept. 31.<\/p>\n

For more information, contact Redfin journalist services<\/p>\n

Phone: 206-588-6863<\/p>\n

Email: press@redfin.com<\/p>\n","protected":false},"excerpt":{"rendered":"

Chicago home values held steady in September from a year earlier, with the median sale price rising slightly to $249,250. Sales were up 6 percent year-over-year. There were more than 10,800 homes for sale, a three-year high. Still, the city remains a seller’s market.<\/p>\n","protected":false},"author":13053,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[45],"tags":[32,68,59],"coauthors":[],"class_list":["post-22707","post","type-post","status-publish","format-standard","hentry","category-regional-trends","tag-housing-market-tracker","tag-local","tag-market-launch"],"acf":[],"yoast_head":"\nChicago Home Prices Hold Steady As For-Sale Signs Multiply<\/title>\n<meta name=\"description\" content=\"Chicago home prices increased slightly this September even as the city is seeing its highest inventory in three years.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/news\/chicago-housing-market-tracker-sept-2015\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chicago Home Prices Hold Steady as For-Sale Signs Multiply; 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