North Park Market Report

90-day market data from Chicago MLS — updated March 24, 2026

Seller's Market
$530K Median Sale Price
7 Days to Contract
100% Sale-to-List Ratio
8 Homes Sold (90 days)

Source: MRED MLS, 90-day sold data. Updated March 24, 2026.

Example 2.5% commission on the North Park median of $530K = $13,250. Net Gain's flat fee = $1,995.

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Price Band Breakdown

Where buyers are actually competing in North Park

Price Range Sold Avg Days Sale-to-List Active
$500K-$550K Strongest Demand 2 7d 103% 0
$650K-$700K 1 4d 104% 0
$400K-$450K 1 11d 105% 0
$750K-$800K 1 2d 99% 0
$450K-$500K 1 6d 99% 0

The $500K-$550K range shows the strongest buyer demand with 2 sales averaging 7 days to contract at 103% of asking. No active competition in this band.

Market Velocity

How fast the North Park market is moving

0%
Price Reduction Rate
0
7d
Median Days to Contract
Fastest 25%: 4 days
0.4
Months of Supply
1 active listings

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

Correctly priced homes are going under contract in 7 days (median), with the fastest quartile selling in just 4 days.

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 North Park median

Example 2.5% Commission
$13,250
Based on $530K median
vs
Up to $11K 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 7 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 $530K, that's $11,255 you keep by choosing flat fee over traditional commission. Same MLS listing. Same buyer exposure. Same professional service.

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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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