Downtown Chicago Housing Market Update | September 2025 Real Estate Trends & Prices

Описание: Downtown Chicago Real Estate Market Update | September 2025 Housing Report

Chicago’s housing market is defying national trends. While many U.S. cities are seeing price declines, Chicago home prices are still climbing—and inventory remains historically low. In this August 2025 real estate update, I break down:

🏡 Single-Family Homes
• Only 136 homes available along the lakefront (South Loop to Edgewater)
• Median price: $1.49M (+44% in 5 years)
• Just 1.7 months of inventory (seller’s market)

🏙️ Condos, Co-Ops & Townhomes
• Median price: $465,000 (highest ever)
• Inventory varies: Lincoln Park under 1 month vs. Loop at 3.8 months
• Year-to-date sales: 10,000+ closings

📉 Mortgage Rates
• Current average: 6.5% (below 40-year average of 7.74%)
• Forecast: stable through 2026

💰 Rental Market
• Median rent: $2,180/month ($2.76 per sq. ft.)
• Near North Side leads at $2,972/month
• Condos via MLS may offer better rental value

👉 The key takeaway: Chicago real estate is hyper-local. Prices, inventory, and trends vary drastically by neighborhood. Whether you’re buying, selling, or renting, the right strategy depends on location, property type, and pricing.

Thinking about buying or selling in Chicago? Contact me today for personalized guidance. 📲

For Everything Chicago, Ask Anne...
📩 [email protected]
📞 773-620-5333
🌐 annerossley.com

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00:00 - Chicago Real Estate Market Overview
00:31 - Home Price Trends Vary by Area
01:01 - Buyer and Seller Dynamics Have Shifted
01:29 - Where Housing Inventory is Growing the Fastest

01:58 - Single Family Homes
04:09 - Attached Properties: Condos, Co-ops, Townhomes

06:01 - Mortgage Rates
06:55 - Rental Pricing by Unit Type & Neighborhood
08:35 - Wrap-Up & How to Connect with Anne Rossley

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