Belmont Cragin Market Report

Single Family

90-day market data from Chicago MLS — updated February 15, 2026

Seller's Market
$360K Median Sale Price
23 Days to Contract
101% Sale-to-List Ratio
35 Homes Sold (90 days)

Source: MRED MLS, 90-day sold data. Updated February 15, 2026.

Example 2.5% commission on the Belmont Cragin median of $360K = $9,000. Net Gain's flat fee = $1,995.

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Price Band Breakdown

Where buyers are actually competing in Belmont Cragin

Price Range Sold Avg Days Sale-to-List Active
$200K-$250K Strongest Demand 2 40d 111% 0
$300K-$350K 9 8d 102% 1
$450K-$500K 4 21d 103% 0
$350K-$400K 8 22d 100% 3
$400K-$450K 6 68d 100% 4

The $200K-$250K price range in Belmont Cragin shows the strongest buyer demand over the last 90 days with 2 closed sales, averaging 40 days from listing to contract, with buyers paying 111% of asking price. There are currently no active listings competing in this band, which means a new listing priced here would enter with zero direct competition and strong recent buyer activity as a baseline. Sellers in adjacent price bands should study this range carefully, as it represents the concentration point where the most transactions are occurring and where buyers have demonstrated the greatest willingness to compete.

Market Velocity

How fast the Belmont Cragin market is moving

9%
Price Reduction Rate
Avg 43 days before cut
23d
Median Days to Contract
Fastest 25%: 8 days
0.9
Months of Supply
11 active listings

Only 9% of active listings in Belmont Cragin have required price reductions, which indicates that most sellers entered the market with realistic expectations and found buyers without adjusting. Homes in Belmont Cragin are taking a median of 23 days to go under contract, though competitively priced properties are moving faster at 8 days. The gap between those two numbers reflects the penalty for overpricing in this market. With just 0.9 months of supply across 11 active listings, Belmont Cragin remains a seller's market. Limited inventory gives correctly priced listings leverage in negotiations, but that advantage disappears quickly for homes that sit beyond the median days on market.

What This Means for Your Listing

Commission savings at the Belmont Cragin median

Example 2.5% Commission
$9,000
Based on $360K median
vs
Up to $7K difference
Net Gain Flat Fee
$1,995
Same MLS exposure. Same professional service.
Commission rates are not set by law, vary by brokerage, and are fully negotiable. Buyer's agent compensation is separate and determined by the seller. Net Gain Realty charges a flat fee of $1,995 for listing services.

In a market where correctly priced homes in Belmont Cragin sell in 23 days, the listing agent's job is straightforward: accurate pricing based on comparable sales data, professional photography and MLS marketing, and responsive transaction management through closing. These are execution tasks with well-established processes, not creative problem-solving that justifies a percentage of your home's value. At the Belmont Cragin median of $360K, a traditional commission in the 2-3% range costs $9,000. Net Gain Realty provides the same MLS listing, the same buyer exposure, and the same professional service for a flat fee of $1,995. That is a potential difference of $7,005 that stays in your pocket at closing. The service does not change. The exposure does not change. The only difference is what you pay for it.

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Or send your address to matthew@netgain.realty for a property-specific analysis

Data sourced from Midwest Real Estate Data (MRED) MLS. Information deemed reliable but not guaranteed. Data represents recent MLS activity and is provided for informational purposes only. Not a guarantee of future results or property value.

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