Logan Square Market Report

Attached

90-day market data from Chicago MLS, updated February 28, 2026

Seller's Market
$508K Median Sale Price
24 Days to Contract
99% Sale-to-List Ratio
65 Homes Sold (90 days)

Source: MRED MLS, 90-day sold data. Updated February 28, 2026.

This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period December 1, 2025 through February 28, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

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

0%
Price Reduction Rate
24d
Median Days to Contract
Fastest 25%: 9 days
0.7
Months of Supply
15 active listings

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

Example 2.5% Commission
$12,688
Based on $508K median
vs
Up to $11K difference
Net Gain Flat Fee
$1,995
MLS listing, photography, and negotiation included.
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.

The listing work is accurate pricing based on comparable sales data, professional photography and MLS marketing, and transaction management through closing. At the Logan Square median of $508K, a traditional commission in the 2-3% range costs $12,688. Net Gain Realty provides the MLS listing, professional photography, and negotiation for a flat fee of $1,995. That is a potential difference of $10,693. The fee is flat, so it does not grow with the price of the home.

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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period December 1, 2025 through February 28, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

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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