Category Neighborhoods & Suburbs

Two of the five market signals in our analysis came within a point of the bars that would make them active in Lincoln Square, on Chicago’s Far North Side: companies bought 10.9 percent of the homes sold in 2024–25, up 4.8 points from 6.1 percent in 2018–19 against a bar of five, and first-time business licenses rose 14 percent, from 109 to 124, against a bar of 15. Of the 355 two-to-six-flat parcels that left the class since 2006, 260 are now classed as single-family houses, the seventh-most of any community area.

The median house in South Lawndale, the West Side community area that includes Little Village, sold for $249,900 in 2025, 1.85 times the $135,000 of 2019, the 12th-largest rise among the 70 areas with enough house sales to compare and the one market signal of the five in our analysis that is active here. The tax rolls count 5,196 two-to-six-flats in South Lawndale in 2026, 41 more than in 2006.

The median condominium in Douglas, in Bronzeville on Chicago’s South Side, sold for $140,000 in 2025, up 16 percent from $121,000 in 2019, the fifth-smallest rise among the 37 community areas with enough condominium sales to compare. Condominiums are most of what sells: 75 of the 103 home sales in 2025. The median house rose 41 percent, from $362,500 to $510,000, on 32 sales in 2019 and 21 in 2025.

The median two-to-six-flat in Grand Boulevard, in Bronzeville on Chicago’s South Side, sold for $675,000 in 2025, 2.37 times the $285,000 of 2019, the seventh-largest rise among the 46 areas with enough sales to compare and the one market signal of the five in our analysis that is active here. The city’s affordable-rental inventory lists 30 developments with 2,406 units in Grand Boulevard, more units than in any other community area.

Companies bought 18.3 percent of the homes sold in Bridgeport, on Chicago’s South Side, in 2024–25, up from 10.9 percent in 2018–19, the sixth-largest rise of the 75 areas measured and one of the two market signals in our analysis active here. New business licenses are the other: first-time licenses rose from 53 in 2019 to 62 in 2025. The median house sold for $542,500 in 2025, up 25 percent from $435,000 in 2019.

Of the 324 two-to-six-flat parcels that left the class in Irving Park, on Chicago’s Northwest Side, since 2006, 264 are now classed as single-family houses, the sixth-most of any Chicago community area, after North Center, Lake View, West Town, Lincoln Park and Logan Square. The tax rolls counted 3,342 two-to-six-flats there in 2006 and 3,172 in 2026, and 154 other parcels joined the class. The median house sold for $670,900 in 2025, up 49 percent from $450,000 in 2019.

The median house in Hyde Park, on Chicago’s South Side, sold for $699,000 in 2025, up 17 percent from $600,000 in 2019, the second-smallest rise among the 70 community areas with enough house sales to compare, after the Near West Side. Citywide the median house rose 39 percent. Condominiums are most of what sells here: 214 of the 263 home sales in 2025, at a median of $230,000.

Rogers Park, at the northeast corner of Chicago, recorded seven new-construction permits in 2024–25, down from 25 in 2018–19, a 72 percent drop, the second-steepest of the 42 areas with at least 20 permits in the earlier period, after O’Hare. Condominiums are most of what sells: 357 of the 442 home sales in 2025. Their median price was $226,000, up 46 percent from $155,000 in 2019, the eighth-largest rise among the 37 areas with enough condominium sales to compare.

The median two-to-six-flat in Uptown, on Chicago’s Far North Side, sold for $1,230,000 in 2025, 1.91 times the $645,500 of 2019. That is the 14th-largest rise of the 46 areas with enough sales to compare, and the one market signal of the five in our analysis that is active here. Companies bought 6.6 percent of all homes sold in 2024–25, down from 15.5 percent in 2018–19, the fourth-largest drop in the city.