The Near North Side housing market is somewhat competitive. The median sale price of a home in Near North Side was $430K last month, up 8.9% since last year. The median sale price per square foot in Near North Side is $380, up 8.9% since last year.
What is the housing market like in Near North Side today?
In February 2025, Near North Side home prices were up 8.9% compared to last year, selling for a median price of $430K. On average, homes in Near North Side sell after 97 days on the market compared to 103 days last year. There were 530 homes sold in February this year, up from 476 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$430,000
+8.9% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Near North Side, IL
$430,000
+8.9%
United States
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How hot is the Near North Side housing market?
Near North Side is somewhat competitive. Homes sell in 76 days.
0
100
37
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 76 days.
Hot homes
can sell for about 2% above list price and go pending in around 36 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Near North Side housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Near North Side.
Flood Factor - Minor
25% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Near North Side has a minor risk of flooding. 485 properties in Near North Side are likely to be
severely affected
by flooding over the next 30 years. This represents 25% of all properties in Near North Side. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Near North Side has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Near North Side is most at risk from hurricanes. 5,492 properties in Near North Side have some risk of being in a severe wind event within the next 30 years.
63% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Near North Side has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 63% of homes in Near North Side have a Moderate Heat Factor®.
Near North Side is expected to see a 100% increase in the number of days over 100ºF over the next 30 years. Near North Side is expected to experience 8