Housing Prices in Washington Park, IL

How much do homes in Washington Park, IL cost?

Median List Price

$242,400

$131/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

+$12,500(+5.4%)

Key Takeaway

The list price of homes in Washington Park has increased by 5.4% since last year.

Summary: The median home list price in Washington Park was $242,400 in December 2024, up 5.4% from the previous year, and the median price per square foot was $131.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $89K$89K
0.0%
2 $144.5K$150K
+3.8%
3 $169.9K$205.8K
+21.2%
4 $429K$324.9K
-24.3%
5+ $662.5K$450K
-32.1%

Summary: Washington Park housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 21.2%, 4 bedroom homes decreased by 24.3%, and 5+ bedroom homes decreased by 32.1%.

Median List Price Compared To Nearby Neighborhoods

Grand Crossing
+18.7%
Woodlawn
+13.4%
South Side
+7.2%
Washington Park
+5.4%
Hyde Park
+3.9%

Housing Supply in Washington Park, IL

How many homes are available in Washington Park, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3241+28.1%

Summary: The Washington Park real estate market had 41 homes for sale in December 2024, a 28.1% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 23
+50.0%
2 69
+50.0%
3 78
+14.3%
4 45
+25.0%
5+ 1316
+23.1%

Summary: The Washington Park housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 23.1%.

Days on Market for Washington Park, IL

How long does it take to sell a home in Washington Park, IL?

Average Listing Age

Dec 2023Dec 2024CHANGE
158 Days107 Days-32.0%

Summary: Homes in Washington Park had an average listing age of 107 days in Dec 2024, down by 32% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Washington Park, IL

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