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Market Trends 60644

60644 Chicago Real Estate Market Overview

As of January 2025, the 60644 real estate market in Chicago presents a dynamic landscape for both buyers and sellers. This area offers a variety of historic greystones, single-family homes, and multi-unit properties, making it appealing to homeowners and investors alike.

Current Market Snapshot (January 2025):

  • Median Sale Price: $274,816, reflecting a 7.8% increase from the previous year.
  • Average Days on Market: 32 days, indicating a 32.5% decrease compared to January 2024.
  • Active Listings: 98 properties, a 19.5% increase from December 2024.
  • Homes Sold: 18 properties in January 2025, up 12.5% from the previous month.
  • Market Trend: Currently a seller’s market, with demand outpacing supply.

Data sourced from MRED MLS for real-time accuracy.

Why Buy or Sell in 60644?

Selling Your Home in 60644:

  • Increasing Buyer Demand: More buyers are actively searching for homes in this area.
  • Strong Appreciation Rates: Home values have shown consistent growth.
  • Low Housing Inventory: Limited supply means less competition for sellers.

Buying a Home in 60644:

  • Diverse Property Options: A range of property types to suit various preferences and budgets.
  • Community Revitalization: Ongoing developments enhance neighborhood appeal.
  • Proximity to Amenities: Easy access to public transit, parks, and other city attractions.

Understanding these market trends can help you make informed decisions, whether you’re looking to buy or sell in 60644.

Note: All data is reflective of the market as of January 2025 and is subject to change. For the most current information, consult with a local real estate professional.