Category Neighborhoods & Suburbs

Three of the four market signals in our analysis that could be measured in South Chicago, on the city’s Southeast Side, are active: house prices, two-to-six-flat prices and new-construction permits. The median two-to-six-flat sold for $215,000 in 2025, 2.69 times the $80,000 of 2019, the third-largest rise among the 46 areas with enough sales to compare. The tax rolls show 2,320 two-to-six-flat parcels, 140 fewer than in 2006, and 157 of the parcels that left the class are now classed as vacant land.

Three of the five market signals in our analysis are active in Greater Grand Crossing, on Chicago’s South Side: house prices, two-to-six-flat prices and new-construction permits. Its median house sold for $150,000 in 2025, double the $75,000 of 2019. First-time business licenses went the other way, from 83 in 2019 to 43 in 2025, the steepest decline among the 54 areas where licenses could be measured.

More parcels joined the two-to-six-flat class in Humboldt Park, on Chicago’s West Side, than in any other community area between 2006 and 2026: 253. Another 280 left the class, so the count barely moved, from 4,475 to 4,448. New-construction permits doubled, from 39 in 2018–19 to 79 in 2024–25, the one market signal of five in our analysis that is active here.

Austin, on Chicago’s West Side, has more two-to-six-flat parcels on the tax rolls than any other community area, 6,779 in 2026, and it had the most in 2006 too. Its median house sold for $273,000 in 2025, up 71 percent from 2019, and new-construction permits went from 23 in 2018–19 to 55 in 2024–25. Those are two of the five market signals in our analysis, and both are active.

Two of the five market signals in our analysis are active in South Shore, on Chicago’s South Side lakefront: house prices and two-to-six-flat prices. Its median house sold for $172,500 in 2025, up 74 percent from 2019, and its median two-to-six-flat for $330,000, up 94 percent. Condominiums are more than a quarter of what sells there, and their median went from $52,750 to $97,650, the second-largest rise among the 37 areas with enough condominium sales to compare.

Three of the five market signals in our analysis are active in Auburn Gresham, on Chicago’s South Side: house prices, two-to-six-flat prices and new-construction permits. Its median house sold for $180,000 in 2025, up 86 percent from 2019, and its median two-to-six-flat for $320,000, up 110 percent. Of the 2,929 homes bought there from 2018 through 2022, 499 were sold again by their buyer within two years, 17 percent, the third-highest rate among the 73 areas compared.

More houses sold in Roseland in 2025 than in any other Chicago community area, 479, and their median price was $144,000, up from $70,000 in 2019, the seventh-largest rise among the 70 areas with enough sales to compare. Of the 2,819 homes bought in the Far South Side area from 2018 through 2022, 435 were sold again by their buyer within two years, 15 percent against 7 percent citywide.

None of the five market signals in our analysis is active in the Lower West Side, the community area that includes Pilsen. Its median house sold for $523,750 in 2025, up 61 percent from 2019, on 32 sales. Two-to-six-flats are just over half of what sells there, and their median rose 34 percent against 62 percent citywide. The tax rolls show 2,960 two-to-six-flat parcels, 45 more than in 2006.

None of the five market signals in our analysis is active in Logan Square, on Chicago’s Northwest Side, where the median house sold for $952,375 in 2025, up 45 percent from 2019. The tax rolls show 730 fewer two-to-six-flats there than in 2006, and 566 of the parcels that left the class are now classed as single-family houses, the fifth-most of any community area.

North Lawndale, on Chicago’s West Side, is one of three community areas where four of the five market signals in our analysis are active, and it reached four only on the September reading. Its median house price in 2025, $168,000 on 53 sales, is exactly 1.60 times the 2019 median, which is the bar. New-construction permits went from 27 in 2018–19 to 104 in 2024–25, and companies bought 29.2 percent of the homes sold in 2024 and 2025.