10/30/2026
HOME PRICES ARE UP 14% IN ONE CHICAGO NEIGHBORHOOD — CAN YOU GUESS WHICH? 👀
The October numbers are in, and home prices are climbing across Lincoln Park, Lakeview, North Center and Lincoln Square — even as fewer homes are selling.
⚡ Here’s the quick Market Sprint breakdown.
📈 Median Sales Price (YoY)
👉 North Center: $824,438 | +14.1%
👉 Lincoln Park: $826,000 | +10.9%
👉 Lakeview: $580,000 | +8.4%
👉 Lincoln Square: $575,000 | +5.5%
💡 North Center leads the way with a 14.1% increase in median sales price, while all four neighborhoods continue posting year-over-year gains.
📉 Home Sales
👉 North Center: 67 | -10.7%
👉 Lincoln Square: 54 | -12.9%
👉 Lakeview: 179 | -25.1%
👉 Lincoln Park: 122 | -27.4%
💡 Fewer homes are selling across all four neighborhoods, with Lincoln Park experiencing the largest decline.
🔥 Under Contract
👉 North Center: 538 | +7.6%
👉 Lakeview: 1,728 | -2.3%
👉 Lincoln Square: 388 | -3.5%
👉 Lincoln Park: 1,238 | -7.6%
💡 North Center stands out again, with under-contract activity increasing even as the other three neighborhoods show declines.
🏠 Months of Supply
👉 Lincoln Park: 1.1 months
👉 Lakeview: 1.2 months
👉 North Center: 1.5 months
👉 Lincoln Square: 1.7 months
💡 Inventory remains extremely tight across all four neighborhoods, helping support prices despite slower sales activity.
🧠 The Takeaway
👉 North Center leads with 14.1% price growth
👉 Prices are rising across all four neighborhoods
👉 Closed sales are down compared with last year
👉 Inventory remains below two months of supply
👉 Buyers may find opportunities with overpriced homes or properties needing work
👉 Well-priced, move-in-ready homes can still attract strong competition
The biggest takeaway? Fewer homes selling doesn’t necessarily mean home prices are falling. With inventory still limited, buyers and sellers need to understand what’s happening in their specific neighborhood rather than relying on citywide headlines.
ChicagoRealEstate