During Dec 2022, the average price for an apartment in/near Near North Side, Chicago, IL decreased by 2.1% to $702,140.
Knowing the current property prices is key if you plan to buy a studio in Near North Side, Chicago, IL. The average price for a studio has increased since the last month, currently being $173,605. After collecting all data points, we now see that the average price for 1-bed apartment decreased by 3.1% to $291,683. Asking price for 2-bed apartment also decreased by 9.4% and a place of this size will now cost you $547,787. A 3-bed apartment goes for $1,228,308, it decreased by 9.1% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 7.2% and made it down to $3,019,704.
Price reports demonstrate that house price decreased by 21.5% this month making it up to $435,561. Condos are really in demand in this season. The median price for a condo increased by 8.4%, it’s now available for $802,267. An average value of duplex is $2,650,000, thus a median price for a duplex remains the same this month. The average price of the land for sale in Near North Side, Chicago, IL has decreased by 11.6%, and now equals $30,985.