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Chicago Home Values

$265,000* 0 eppraisal market index is up * Median sales price based on past sales

The eppraisal index for Chicago, Illinois, which tracks the median sale price of homes in the area, states that the median sales price for single family residences in August 2008 has increased by 0% to $265,000 from July 2008.

Chicago, IL
Chicago (IPA: /EŸ¦E^k`E_goES/) is the largest city in the state of Illinois the largest in the Midwest and with a population of nearly 3 million people located almost entirely in Cook County (a portion of the city's O'Hare International Airport overlaps into DuPage County) is the third-most populous city in the United States. The Chicago metropolitan area (commonly referred to as Chicagoland) has a population of over 9.7 million people in Illinois Wisconsin and Indiana making it also the third... Continue reading on Wikipedia...

In a year-over-year comparison of median sales price fluctuations of single-family homes, the Chicago-Naperville-Joliet, IL metro area ranks 3 out of 4 metro areas in Illinois based on increase of 6.1 % in home values. When compared at a national level, the Chicago-Naperville-Joliet, IL metro area ranks 49 out of 194. See National Rankings
Index Trending Data
Chart.
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The index trending graph reveals the change in the median sales price during the past 12 months for Chicago, Illinois. This graph shows that in the past 12 months, the median sales price of homes has decreased overall by $12,000.

Sale Price
Chart.

The sales price graph displays how real estate sales prices are distributed in Chicago, Illinois. For example, the highest percentage of homes sold in August 2008 sold for above $530,000 , 28% of all sales. If you are looking to purchase a house in a specific price range, this graph can help you determine what percentage of homes in Chicago, Illinois may fall within this range. It can also be useful if you are a seller and are trying to figure out what price range most homes are sold for. It can give an indication if the market is receptive to purchases in the range your home value falls in.

Recent Sales in Chicago, Illinois

Address Sale Price Sale Date Bed / Bath Sq. Ft.
1250 DEARBORN ST 6C $425000 7/18/2008 0 / 0.00 0
805 WOLFRAM ST 2 $542000 7/17/2008 0 / 0.00 0
1822 BARRY AVE $492000 7/17/2008 0 / 2.00 1908
2245 BELDEN AVE $273000 7/16/2008 0 / 2.00 1554
4970 MARINE DR 227 $115000 7/16/2008 0 / 0.00 0
5143 MULLIGAN AVE $4500 7/15/2008 0 / 1.00 1264
6648 TALMAN AVE $365000 7/15/2008 0 / 3.00 1622
2330 BERTEAU AVE $575500 7/15/2008 0 / 1.00 1200
5701 SHERIDAN RD 17L $182500 7/14/2008 0 / 0.00 0
2619 ASHLAND AVE 2S $336500 7/14/2008 0 / 0.00 0
3006 PRATT BLVD $317000 7/14/2008 0 / 2.00 1452
4845 HUTCHINSON ST $359000 7/14/2008 0 / 1.00 1248
1301 DEARBORN ST 603 $690000 7/14/2008 0 / 0.00 0
2219 LINCOLN AVE $725000 7/12/2008 0 / 2.00 1680
530 LAKE SHORE DR 801 $675000 7/11/2008 0 / 0.00 0
3154 WELLS ST $290000 7/11/2008 0 / 2.00 1824
7125 CHAMPLAIN AVE $340000 7/11/2008 0 / 2.00 2436
6424 ARTESIAN AVE $361000 7/11/2008 0 / 2.00 3406
3315 RACINE AVE D $449000 7/11/2008 0 / 0.00 0
2020 SHAKESPEARE AVE $689000 7/11/2008 0 / 2.00 2333
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This site uses data obtained from numerous public sources. Some areas of the country provide us with different levels of information. It is presented on an 'as is, as available' basis. This site makes no warranties, expressed or implied without limitation, to the information provided, nor is responsible for any errors or omissions. This valuation is NOT an appraisal. User acknowledges that this product is a technology report, a product of an automated valuation technology analysis. This information is compiled from public documents and is not guaranteed. No human interaction or inspection goes into the final results and analysis.
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