Looking to purchase real estate in Chicago? You will certainly want to consider the beautiful Avondale neighborhood. This up and coming area is growing fast–up 15% over the last year, with the average home value at $350,000. My prediction? Avondale is going to be one of Chicago’s hottest new neighborhoods for 2016! There is no truer definition of a “hidden gem.”
So – what kind of homes can you find in Avondale? Real estate include a mix of, apartment buildings, affordable single-family homes, condominiums and townhomes. There’s plenty of chic new construction homes as well–think large brick condominium and townhouse developments, which have been constructed along Elston Avenue in recent years. Whatever real estate you’re searching for, you’ll find some great value in this area of Chicago.
Interested in learning more? See below the latest Avondale real estate listings, or give me a call to chat! I can’t wait to hear from you.
For information on real estate close to Avondale see these links below
Buying your first home? Click here for great tips and to find out Debra’s answers to the top four most common questions she receives from first time homebuyers.
Real Estate Market Stats
Home Size in Square Feet
|Zillow Home Value Index||$370,200||$216,000|
|Median Single Family Home Value||$415,100||$215,000|
|Median Condo Value||$328,500||$227,900|
|Median 2-Bedroom Home Value||$384,200||$165,800|
|Median 3-Bedroom Home Value||$419,400||$208,500|
|Median 4-Bedroom Home Value||$469,800||$336,800|
|Percent Homes Decreasing||24.5%||21.9%|
|Median List Price Per Sq Ft||$309||$133|
|Median Sale Price||$392,400||$238,800|
|Turnover (Sold Within Last Yr.)||5.5%||2.9%|
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