Home Values

Near North Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$251,600

  • -1.2% 1-year change
  • 0.8% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Neutral

Buyers' Market
Sellers' Market

The median home value in Near North is $251,600. Near North home values have declined -1.2% over the past year and Zillow predicts they will rise 0.8% within the next year. The median list price per square foot in Near North is None. The median rent price in Near North is $2,100, which is higher than the Chicago median of $1,610.

Relative ZHVI
- +

Near North Market Overview

Data through Apr 30, 2015
  • $251,600 ZHVI
  • 0.8% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $345,775 Median sale price
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Near North Market Health

Data through Apr 30, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)
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Nearby Neighborhoods

Name Median ZHVI
New East Side $401,600
Streeterville $356,400
Gold Coast $312,600
Name Median ZHVI
Old Town Triangle $309,300
Cabrini Green $254,700
River North $252,500
Name Median ZHVI
Old Town $245,200
Fulton River District $235,400
The Loop $225,500

Listings & Sales

  • No data
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Near North Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,941 Near North
    $1,558 Chicago
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $2,100 Rent list price
  • $2.56 Rent list price / sq ft
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