Published November 8, 2026 in Market Update

Not Every Chicago Neighborhood Is Moving The Same Way On Price

By Maureen Moran

Real estate, Townhomes

Let me take a moment to walk through what the numbers are actually saying this fall.

I am Mike Moran, and while my own work is based in Kenosha and the towns around it, I keep a close eye on how different markets move. This one caught my attention.

The Federal Housing Finance Agency reported that U.S. house prices rose 2.4 percent from August 2025 to August 2026. That is one national number.

But the Real Estate Data Aggregator shows something very different happening block by block in Chicago's townhome market, for the three months ending August 31, 2026.

In Lincoln Park, ZIP 60614, the median sale price was $850,000. In Bucktown, ZIP 60647, it was $690,000. That is a $160,000 gap, in the same city, in the same season.

What The Five Neighborhoods Show

Then look at Lakeview, ZIP 60657. The median sale price there was $705,000, the Real Estate Data Aggregator reports, up 16.7% from a year earlier.

From there, Wicker Park, ZIP 60622, came in at $733,000, up 11.2%, the Real Estate Data Aggregator shows. North Center area ZIP 60618 landed at $700,000, up 12%.

So the spread was not small. It ran from $690,000 to $850,000 across these five Chicago ZIP codes this summer.

Speed And Competition Also Differ

In 60614, homes sold in a median of 37 days, the Real Estate Data Aggregator reports, 5 days faster than a year before. Over 57.1% sold above list price.

In 60618, days on market also ran 37 days, but 66.2% of homes sold above list, the highest share of the five, the Real Estate Data Aggregator shows.

In 60622, days on market stretched to 42 days, the longest of the group, even as 62.2% sold above list price, per the Real Estate Data Aggregator.

Rates Are Part Of The Story Too

Realtor.com reported that 30-year mortgage rates averaged 7.33% in October 2026, 107 basis points above a year earlier.

That same report said rates peaked at 7.40% in mid-October 2026, after a six-week climb of 74 basis points. So this was not a calm stretch for borrowing costs.

Even so, Chicago townhome sales held together. Across all five ZIP codes combined, 1,584 homes sold, the Real Estate Data Aggregator reports, down just 0.2% from a year earlier.

Pending sales across those same five ZIP codes rose 3.8%, the Real Estate Data Aggregator shows, even with higher rates in the background.

I would encourage anyone thinking about buying or selling a Chicago townhome to ask about their specific block, not just their ZIP code.

A single street can read differently from the whole ZIP code around it. The numbers above are the three months ending August 31, 2026, nothing newer.

If you want to talk through what any of this means for a specific address, I am glad to hear from you.