The Chicago real estate market in 2017 is characterized by a "tale of two cities," where established North Side neighborhoods maintain high values while emerging areas on the West and South Sides offer significant growth potential. For buyers seeking to enter the market, several neighborhoods stand out based on current sales activity and forecasted appreciation: Top Growth Opportunities
: Leading in single-family home sales as buyers seek more affordable residential options. Established and Luxury Markets
: Holds the title for the highest median single-family home price at $2.2 million . where to buy real estate in chicago 2017
: Located on the North Side lakefront, it remains a diverse and coveted area for its beaches and multi-family investment opportunities.
: A stable, family-oriented area on the Northwest Side with a median single-family house price of $230,000 . The Chicago real estate market in 2017 is
For those seeking stability or luxury, the North Side remains the primary destination, though price growth here has been more moderate compared to emerging areas:
: Continued its resurgence as a major residential hub with a median price of $332,000 . : Located on the North Side lakefront, it
: Rated highly for safety and affordability, with more accessible entry points for families. Cook County House Price Index: Fourth Quarter 2017 - Home