Irving Park Market Report
Attached/Condo
90-day market data from Chicago MLS — updated April 5, 2026
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.
Price Band Breakdown
Where buyers are actually competing in Irving Park
| 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 price range in Irving Park shows the strongest buyer demand over the last 90 days with 11 closed sales, averaging 20 days from listing to contract. There is currently 1 active listing in this range, so sellers pricing into this band should expect buyer interest but need to differentiate on condition, presentation, and accurate pricing relative to comparable recent sales. 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 Momentum
What's happening right now in Irving Park
There are currently 22 homes under contract in Irving Park against 7 active listings, a pending-to-active ratio that indicates the market is absorbing inventory nearly as fast as it appears. When pending sales approach or exceed active supply, it signals that buyer demand is strong enough to keep pace with new listings entering the market. 13 of those contracts were executed in the last 30 days alone, confirming that this is current buyer activity rather than a carryover from a previous cycle.
The Cost of Overpricing
What happens when sellers miss the market in Irving Park
In Irving Park, correctly priced homes are selling in a median of 11 days. Listings that required at least one price reduction sat on the market for 85 days before going under contract, an additional 57 days compared to homes that never needed an adjustment. Those sellers still ended up cutting an average of 4% from their original asking price. The pattern is consistent across price bands: overpricing does not lead to higher sale prices. It leads to longer market exposure, reduced buyer interest, and a final sale price that often falls below what the home would have fetched with accurate pricing on day one. The difference between 28 days on market and 85 days is not random variation. It is the measurable cost of overpricing in Irving Park. Sellers who study the comparable sales data and price within the active demand range are rewarded with faster contracts and stronger negotiating positions. Sellers who list above that range spend additional weeks on market, lose the momentum of a new listing, and typically accept a lower net price than they would have achieved with accurate pricing from the start.
Market Velocity
How fast the Irving Park market is moving
No active listings in Irving Park have required price cuts, which is a strong signal that current sellers priced appropriately from day one and found buyer interest without needing to adjust. The median time from listing to contract is 11 days, with the most competitive properties moving within 6 days. Sellers who price at or slightly below the comparable range are the ones capturing that early buyer urgency. With just 0.4 months of supply across 7 active listings, Irving 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 Irving Park median
In a market where correctly priced homes in Irving Park sell in 11 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 Irving Park median of $280K, a traditional commission in the 2-3% range costs $7,000. 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 $5,005 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.
Or send your address to matthew@netgain.realty for a property-specific analysis
Want a report for a different neighborhood?
Request Your Report