Portage Park Market Report

90-day market data from Chicago MLS — updated February 2, 2026

Seller's Market
$430K Median Sale Price
17 Days to Contract
99.1% Sale-to-List Ratio
54 Homes Sold (90 days)

Source: MRED MLS, 90-day sold data. Updated February 2, 2026.

Example 2.5% commission on the Portage Park median of $430K = $10,750. Net Gain's flat fee = $1,995.

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Price Band Breakdown

Where buyers are actually competing in Portage Park

Price Range Sold Avg Days Sale-to-List Active
$300K-$350K Strongest Demand 8 13d 103% 1
$650K-$700K 5 11d 103% 2
$450K-$500K 4 31d 102% 1
$350K-$400K 13 15d 97% 2
$400K-$450K 5 35d 95% 2

The $300K-$350K range shows the strongest buyer demand with 8 sales averaging 13 days to contract at 103% of asking. Currently 1 active listing competing.

Market Velocity

How fast the Portage Park market is moving

14%
Price Reduction Rate
Avg 164 days before cut
17d
Median Days to Contract
Fastest 25%: 6 days
1.2
Months of Supply
21 active listings

With only 14% of listings requiring price reductions, Portage Park sellers who price correctly are finding buyers quickly.

Homes are taking 17 days to contract on average, though competitively priced properties move faster at 6 days.

With 1.2 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 Portage Park median

Example 2.5% Commission
$10,750
Based on $430K median
vs
Up to $9K 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 17 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 $430K, that's $8,755 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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