Property prices for sale in Chicago (Illinois)

The prices in real estate in Chicago, in the Illinois region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.

$478,424.67
Average price last 6 months
$288.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Chicago has remained the same in the last 6 months. In January, the average price per sq.feet was $279. In February this price pretty much remained the same at a value of $275 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $277 to $293 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $285 to $296.5 during May y June

Average price

Based upon to the price in Chicago (cities), this has gone up in the last 6 months. The price in January is $428,825, rising in February till $453,392. During the following two months (March, April) the average price had a considerable increase of 115 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $474,962 and $485,350 between May and June.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $513,295 they are 46 % more affordable than the average price for Chicago. The properties with the highest average price have 4 bedrooms, Their price is 23 % more costly than the average. After that we have properties with 3 bedrooms priced at $573,743.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $250 / sq.feet, with an average $292 / sq.feet price in Chicago. The properties with the highest average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 2 bedrooms with a price at $313 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $513,295 it is 72 % cheaper than the average price in Chicago. "House" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Duplex". At a price of $623,736 it is 36 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $256 / sq.feet followed by "House" priced at $270 / sq.feet. "Apartment" is the most costly type of property with a $972 / sq.feet cost followed by "Condo" with an average price of $339 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Chicago
Number of properties used in region Illinois
$513,295
$292
120,604
538,180
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value