Home Sales On the Rise in South Chicago Real Estate Market

The South Chicago market was active in this week's report, as the number of home sales climbed 21.4%, pushing the total to 17 homes sold over the last 30 days. At the same time, the Hyde Park neighborhood reported 30 home sales, the highest number from all of the surrounding neighborhoods. The median sales price dropped to $57,000, down from last week's $59,950. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning South Chicago is still a definite buyer's market.

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Get started right now by checking out South Chicago homes for sale or reviewing South Chicago real estate trends.

Demographic facts for South Chicago:

  • The population growth rating is 45. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 368.9 physicians.
  • The health cost index score in this area is 104.0. (100 = national average)
  • 52.9% of the residents commute to work alone in their car, 13.3% via carpool, and 27.4% by way of public transit.

Data reported through 10/19/2016


Ask a local expert about this area:
Flipside Realty
Snapped 3 homes in this area
Elite Executives Real Estate
Snapped 2 homes in this area
WestBridge Realty
Snapped 1 home in this area

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