Humboldt Park Market Report

Condo

90-day market data from Chicago MLS — updated April 5, 2026

Seller's Market
$600K Median Sale Price
12 Days to Contract
101% Sale-to-List Ratio
27 Homes Sold (90 days)

Source: MRED MLS, 90-day sold data. Updated April 5, 2026.

Example 2.5% commission on the Humboldt Park median of $600K = $15,000. Net Gain's flat fee = $1,995.

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Price Band Breakdown

Where buyers are actually competing in Humboldt Park

5 of 27 homes
sold above asking price (59%)
Price Range Sold Avg Days Sale-to-List Above Ask Active
$400K-$450K Strongest Demand 3 7d 106% 1/3 1
$550K-$600K 3 7d 101% 1/3 1
$450K-$500K 4 25d 102% 2/4 0
$650K-$700K 2 8d 101% 1/2 1
$350K-$400K 1 0d 100% 0/1 1

The $400K-$450K range shows the strongest buyer demand with 3 sales averaging 7 days to contract at 106% of asking. Currently 1 active listing competing.

Market Momentum

What's happening right now in Humboldt Park

7
Under Contract
0.9x pending-to-active ratio
5
Contracts Last 30 Days
Current buyer activity
$460K
Pending Median Price
Where buyers are competing

7 homes are under contract right now in Humboldt Park, nearly matching the 8 active listings. The market is absorbing inventory as fast as it appears.

5 of those went under contract in the last 30 days alone. This is current demand, not historical data.

The Cost of Overpricing

What happens when sellers miss the market in Humboldt Park

+69 days
Overpriced listings sit 69 days longer on average
24d
Days on market
Correctly priced
93d
Days on market
Required price cut
7%
Average reduction
After sitting on market

In a market where correctly priced homes sell in 12 days, overpriced listings in Humboldt Park sat 93 days before going under contract. That's 69 extra days on market, and they still had to cut an average of 7%.

The market rewards accurate pricing and penalizes overpricing. The difference between 24 days and 93 days is not luck. It's pricing strategy.

Market Velocity

How fast the Humboldt Park market is moving

63%
Price Reduction Rate
Avg 69 days before cut
12d
Median Days to Contract
Fastest 25%: 6 days
0.9
Months of Supply
8 active listings

63% of listings needed price reductions—a sign that accurate initial pricing is critical in Humboldt Park.

The median time to contract is 12 days, with motivated buyers moving within 6 days on well-priced listings.

With 0.9 months of inventory, this remains a seller's market where properly positioned listings have leverage.

What This Means for Your Listing

Commission savings at the Humboldt Park median

Example 2.5% Commission
$15,000
Based on $600K median
vs
Up to $13K 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 sell in 12 days, the listing agent's job is clear: accurate pricing, professional marketing, and responsive transaction management. These are execution tasks—and you should decide what they're worth.

At $600K, that's $13,005 you keep by choosing flat fee over traditional commission. Same MLS listing. Same buyer exposure. Same professional service.

Book a Strategy Call

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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