Irving Park Market Report

Attached/Condo

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

Seller's Market
$280K Median Sale Price
11 Days to Contract
100% Sale-to-List Ratio
49 Homes Sold (90 days)

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

Example 2.5% commission on the Irving Park median of $280K = $7,000. Net Gain's flat fee = $1,995.

Get the Full Report

See price band breakdown, market velocity analysis, and personalized listing advice.

No spam. Just your report and occasional market updates.

Price Band Breakdown

Where buyers are actually competing in Irving Park

10 of 49 homes
sold above asking price (63%)
Price Range Sold Avg Days Sale-to-List Above Ask Active
$200K-$250K Strongest Demand 11 20d 99% 2/11 1
$400K-$450K 6 11d 101% 2/6 0
$300K-$350K 4 14d 100% 1/4 0
$250K-$300K 7 46d 100% 3/7 1
$650K-$700K 3 10d 101% 2/3 1

The $200K-$250K range shows the strongest buyer demand with 11 sales averaging 20 days to contract . Currently 1 active listing competing.

Market Momentum

What's happening right now in Irving Park

22
Under Contract
3.1x pending-to-active ratio
13
Contracts Last 30 Days
Current buyer activity
$653K
Pending Median Price
Where buyers are competing

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

13 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 Irving Park

+57 days
Overpriced listings sit 57 days longer on average
28d
Days on market
Correctly priced
85d
Days on market
Required price cut
4%
Average reduction
After sitting on market

In a market where correctly priced homes sell in 11 days, overpriced listings in Irving Park sat 85 days before going under contract. That's 57 extra days on market, and they still had to cut an average of 4%.

The market rewards accurate pricing and penalizes overpricing. The difference between 28 days and 85 days is not luck. It's pricing strategy.

Market Velocity

How fast the Irving Park market is moving

0%
Price Reduction Rate
0
11d
Median Days to Contract
Fastest 25%: 6 days
0.4
Months of Supply
7 active listings

No active listings have required price cuts—a strong signal that current sellers have priced appropriately from day one.

The median time to contract is 11 days, with motivated buyers moving within 6 days on well-priced listings.

With 0.4 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 Irving Park median

Example 2.5% Commission
$7,000
Based on $280K median
vs
Up to $5K 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 11 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 $280K, that's $5,005 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.

Want a report for a different neighborhood?

Request Your Report