The market here needs reading carefully, because its three headline numbers point in three different directions. Over the most recent three months, Redfin recorded a median sale price of about $530,000, down roughly 13 percent year over year, while median price per square foot rose roughly 9 percent to about $322. Zillow's home-value index for the same neighborhood showed an increase of roughly 7 percent. Those are not contradictions so much as the predictable result of about twelve sales a month: the median tracks which houses happened to sell, price per square foot tracks value more closely, and an index smooths both. Price per square foot is the number to watch here.
What the competitive indicators say is more consistent, and more useful. Homes have been selling in around 40 days, many receiving multiple offers and some with waived contingencies, and the fastest-moving properties have gone under contract in around 23 days at roughly 5 percent above list. Recent inventory has been genuinely small, in the range of eight active listings with six pending at one point, at a median listing price near $499,000. Other sources put the median sale price closer to $571,000. So the honest summary is a small, tightly held market with real demand, a headline median that swings on mix, and enough competition that a well-prepared buyer wins and an underprepared one does not.
JDC Group has worked this market since 1996, and the intake lists Sauganash, Edgebrook, Wildwood, and Forest Glen among the team's service areas. Two things make local knowledge worth having here. First, the historic district is a National Register district and not a Chicago Landmark district, which is a distinction with practical consequences for anyone planning exterior work, and one that most buyers and a fair number of agents get wrong. Second, with roughly a dozen sales a month across a stock that ranges from a 1920s Tudor to a 1960s ranch to a townhome in a managed association, a defensible price comes from specific comparable houses rather than from a neighborhood median. Julie Chesne is a Certified Residential Specialist and a Certified Luxury Home Marketing Specialist, and the team has worked with investors, sellers, luxury buyers, and first-time buyers across the North Side.