The median sale price of a 3 bedroom 2 bath condo in Chicago rose 2% for the last 365 days compared to the year before. The median sale price was $390,000 up from $382,000.
Price Distribution of Chicago 3 Bedroom 2 Bath Condos Last Year (green) vs. Previous Year (black)
Here are median prices and their changes from the prior year for a few areas in Chicago:
- The Loop‘s 3 bedroom 2 bath median condo price was $717,500, up 23.7%.
- The Near North Side‘s 3 bedroom 2 bath median condo price was $647,500, down 3.2%.
- Lincoln Park‘s 3 bedroom 2 bath median condo price was $542,000, down 2.3%.
- Lakeview‘s 3 bedroom 2 bath median condo price was $466,500, down 2.0%.
- West Town‘s 3 bedroom 2 bath median condo price was $435,000, up 1.2%.
- North Center‘s 3 bedroom 2 bath median condo price was $431,000, up 2.9%.
ABOUT THE AUTHOR
Fran Bailey shows, previews and tracks downtown Chicago homes for sale giving her the insights needed to help her clients negotiate the best price and terms. Fran has been quoted in numerous Chicago and national publications. To schedule showings of listings regardless of broker or to contact Fran email her at fran.bailey@bairdwarner.com or call 773.793.4516. Learn More
Fran Bailey, Realtor
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It looks like prices are holding, down slighly or up. That is great! Our area in New Jersey is still weak on pricing. It is drifting slightly down again after the spring.