Humboldt Park Market Report

Condo

90-day market data from Chicago MLS — updated February 27, 2026

Balanced Market
$455K Median Sale Price
21 Days to Contract
98% Sale-to-List Ratio
25 Homes Sold (90 days)

Source: MRED MLS, 90-day sold data. Updated February 27, 2026.

Example 2.5% commission on the Humboldt Park median of $455K = $11,375. Net Gain's flat fee = $1,995.

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Price Band Breakdown

Where buyers are actually competing in Humboldt Park

Price Range Sold Avg Days Sale-to-List Active
$700K-$750K Strongest Demand 1 5d 111% 0
$350K-$400K 1 4d 106% 3
$300K-$350K 1 4d 100% 0
$250K-$300K 4 13d 99% 1
$550K-$600K 2 9d 99.5% 2

The $700K-$750K price range in Humboldt Park shows the strongest buyer demand over the last 90 days with 1 closed sales, averaging 5 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 Humboldt Park market is moving

13%
Price Reduction Rate
Avg 196 days before cut
21d
Median Days to Contract
Fastest 25%: 8 days
1.8
Months of Supply
15 active listings

Only 13% of active listings in Humboldt Park have required price reductions, which indicates that most sellers entered the market with realistic expectations and found buyers without adjusting. Homes in Humboldt Park are taking a median of 21 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 1.8 months of supply across 15 active listings, Humboldt Park 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 Humboldt Park median

Example 2.5% Commission
$11,375
Based on $455K median
vs
Up to $9K 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 Humboldt Park sell in 21 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 Humboldt Park median of $455K, a traditional commission in the 2-3% range costs $11,375. 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 $9,380 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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