Dunning, Chicago, IL Housing Market Report – March 2025
As of March 2025, the Dunning neighborhood on Chicago's Northwest Side exhibits a housing market with mixed trends in pricing, market competitiveness, and inventory levels. Below is an updated overview based on the most current data:
Median Home Prices:
-
Redfin: In December 2024, the median sale price in Dunning was $341,000, reflecting a 1.8% year-over-year increase.
-
Zillow: The average home value in Dunning is approximately $297,989, indicating a 2.0% year-over-year increase.
Market Activity:
-
Homes for Sale: In December 2024, there were 110 homes sold in Dunning, up from 101 in December 2023.
-
Market Competitiveness: Dunning's market is considered somewhat competitive, scoring 56 out of 100. Homes typically receive multiple offers and remain on the market for an average of 56 days, slightly up from 55 days the previous year.
Outlook: The Dunning housing market demonstrates modest growth, with slight increases in median sale prices and average home values. Prospective buyers may find opportunities amid these trends, while sellers should remain mindful of the competitive landscape and average time on market. Consulting with local real estate professionals is advisable to effectively navigate the current market dynamics.
For personalized insights or assistance with buying or selling in Dunning, contact Frank "Campo" Campobasso at Century 21 Circle.
Frank "Campo" Campobasso
Century 21 Circle
Phone: 773-425-6265
