Heart of Chicago Home Prices & Values

$171,600 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 9.4% 1-year change
  • 0.9% 1-year forecast

The median home value in Heart of Chicago is $171,600. Heart of Chicago home values have gone up 9.4% over the past year and Zillow predicts they will rise 0.9% within the next year. The median price of homes currently listed in Heart of Chicago is $169,900.

Foreclosures will be a factor impacting home values in the next several years. In Heart of Chicago 8.8 homes are foreclosed (per 10,000). This is greater than the national value of 4.3

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Relative ZHVI
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Heart of Chicago Market Overview

Data through Aug 31, 2014
  • $171,600 ZHVI
  • 0.9% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $169,900 Median listing price
  • No data Median sale price
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Heart of Chicago Market Health

Data through Aug 31, 2014
  • 5.3/10 Stable What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
West Town $302,800 Bridgeport $254,300 Near West Side $226,100
Pilsen $216,000 University Village - Little Italy $207,800 Tri-Taylor $202,300
McKinley Park $170,500 Brighton Park $142,800 Little Village $121,000

Listings & Sales

Data through Aug 31, 2014
  • $115 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 42.9% Listings with price cut
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Heart of Chicago Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,514 Heart of Chicago
$1,701 Chicago
$1,328 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • No data Rent list price
  • $1.16 Rent list price / sq ft (Jul 31, 2014)
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