Pilsen Market Report

Single Family

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

Balanced Market
$350K Median Sale Price
37 Days to Contract
98% Sale-to-List Ratio
3 Homes Sold (90 days)

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

This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period January 6, 2026 through April 5, 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 Pilsen median of $350K = $8,750. Net Gain's flat fee = $1,995.

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Price Band Breakdown

Where buyers are actually competing in Pilsen

1 of 3 homes
sold above asking price (33%)
Price Range Sold Avg Days Sale-to-List Above Ask Active
$300K-$350K Strongest Demand 1 7d 102% 1/1 0
$350K-$400K 1 50d 97% 0/1 0

The $300K-$350K price range in Pilsen shows the strongest buyer demand over the last 90 days with 1 closed sales, averaging 7 days from listing to contract, with buyers paying 102% of asking price. There are currently no active listings competing in this band, which means a new listing priced here would enter with zero direct competition and strong recent buyer activity as a baseline. 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.

The Cost of Overpricing

What happens when sellers miss the market in Pilsen

Market Velocity

How fast the Pilsen market is moving

0%
Price Reduction Rate
0
37d
Median Days to Contract
Fastest 25%: 7 days
3
Months of Supply
3 active listings

No active listings in Pilsen 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 Pilsen are taking a median of 37 days to go under contract, though competitively priced properties are moving faster at 7 days. The gap between those two numbers reflects the penalty for overpricing in this market. At 3 months of supply with 3 active listings, Pilsen is in balanced territory where neither buyers nor sellers hold a decisive advantage. In this environment, pricing strategy and presentation quality determine which listings attract competitive offers and which linger.

What This Means for Your Listing

Commission savings at the Pilsen median

Example 2.5% Commission
$8,750
Based on $350K median
vs
Up to $7K 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 Pilsen median of $350K, a traditional commission in the 2-3% range costs $8,750. Net Gain Realty provides the MLS listing, professional photography, and negotiation for a flat fee of $1,995. That is a potential difference of $6,755. The fee is flat, so it does not grow with the price of the home.

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Or send your address to matthew@netgain.realty for a property-specific analysis

This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period January 6, 2026 through April 5, 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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