Logan Square Market Report
Attached
90-day market data from Chicago MLS — updated February 28, 2026
Source: MRED MLS, 90-day sold data. Updated February 28, 2026.
Example 2.5% commission on the Logan Square median of $508K = $12,688. Net Gain's flat fee = $1,995.
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Price Band Breakdown
Where buyers are actually competing in Logan Square
| Price Range | Sold | Avg Days | Sale-to-List | Active |
|---|---|---|---|---|
| $600K-$650K Strongest Demand | 7 | 6d | 102% | 1 |
| $800K-$850K | 4 | 21d | 99% | 0 |
| $450K-$500K | 4 | 6d | 98% | 0 |
| $300K-$350K | 11 | 57d | 99% | 0 |
| $550K-$600K | 8 | 32d | 99% | 3 |
| $400K-$450K | 7 | 73d | 99% | 0 |
| $500K-$550K | 4 | 71d | 99% | 1 |
The $600K-$650K price range in Logan Square shows the strongest buyer demand over the last 90 days with 7 closed sales, averaging 6 days from listing to contract, with buyers paying 102% of asking price. 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 Velocity
How fast the Logan Square market is moving
No active listings in Logan Square 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. Homes in Logan Square are taking a median of 24 days to go under contract, though competitively priced properties are moving faster at 9 days. The gap between those two numbers reflects the penalty for overpricing in this market. With just 0.7 months of supply across 15 active listings, Logan Square 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 Logan Square median
In a market where correctly priced homes in Logan Square sell in 24 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 Logan Square median of $508K, a traditional commission in the 2-3% range costs $12,688. 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 $10,693 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
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