Market report, updated

The Loop Home Values and Market Report

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Report prepared by Galleryrealtyinc.com Gallery Realty, Inc.

Market at a glance

Over the last 12 months, homes sold for 97.7% of list price in 55 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $707K Sold · $690K
$970K$830K$690K$550K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 64 sales in Jun. Last month: 37.

Where the market stands

All homes in this report, by status.

738homes
Active156 · 21%
Under contract52 · 7%
Sold (12 mo)530 · 72%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$1.05M
Under contract$784K
Sold$702K

Average days on market

Active221 days
Under contract141 days
Sold55 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 156
Average list price $1,048,624
Avg. days on market 221 days Based on 112 of 156 homes
Avg. price per ft² $569 Based on 111 of 156 homes
Avg. living area 1,750 ft² Based on 111 of 156 homes
Avg. beds / baths 2.2 / 2.3

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

45 homes didn’t report living area and aren’t shown.

2 homes are larger or pricier than this chart’s scale and aren’t shown.

$9M$6M$3M$0

Price vs. living area: 109 homes plotted, up to $9M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

44 homes didn’t report days on market and aren’t shown.

Bedroom mix

Number of homes by bedroom count.

38 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

363 E Wacker Drive Unit #7601$1,866
363 E Wacker Drive Unit #7701$1,578
363 E Wacker Drive Unit #7301$1,530
401 N Wabash Avenue Unit #86A$1,489
363 E Wacker Drive Unit #5506$1,350
363 E Wacker Drive Unit #9101$1,238
363 E Wacker Drive Unit #5401$1,100

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
211 N Harbor Drive Unit #3609Chicago, Illinois 60601 321,550$1,110,000$7161 day
211 N Harbor Drive Unit #2407Chicago, Illinois 60601 11661$431,000$6521 day
340 E Randolph Street Unit #4205Chicago, Illinois 60601 121,224$975,000$796—
363 E Wacker Drive Unit #4102Chicago, Illinois 60601 322,169$2,100,000$968—
310 S Michigan Avenue Unit #1507Chicago, Illinois 60604 221,350$498,000$3684 days
450 E Waterside Drive Unit #1302Chicago, Illinois 60601 332,215$1,595,000$7208 days
20 N State Street Unit #1012Chicago, Illinois 60602 211,000$308,000$3088 days
155 N Harbor Drive Unit #2505Chicago, Illinois 60601 11826$325,500$39414 days
420 E Waterside Drive Unit #1109Chicago, Illinois 60601 221,117$600,000$537—
201 N Westshore Drive Unit #2804Chicago, Illinois 60601 22927$450,000$48515 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than our company are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Based on information submitted to the MLS Grid as of . All data is obtained from various sources and has not been, and will not be, verified by broker or MLS Grid. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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