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.

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
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 in Pilsen sell in 37 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 Pilsen median of $350K, a traditional commission in the 2-3% range costs $8,750. 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 $6,755 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.

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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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