Ravenswood Market Report

90-day market data from Chicago MLS — updated February 8, 2026

Seller's Market
$403K Median Sale Price
10 Days to Contract
100% Sale-to-List Ratio
33 Homes Sold (90 days)

Source: MRED MLS, 90-day sold data. Updated February 8, 2026.

Example 2.5% commission on the Ravenswood median of $403K = $10,075. Net Gain's flat fee = $1,995.

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Price Band Breakdown

Where buyers are actually competing in Ravenswood

Price Range Sold Avg Days Sale-to-List Active
$350K-$400K Strongest Demand 4 10d 104% 0
$200K-$250K 4 19d 101% 0
$450K-$500K 4 5d 99% 0
$300K-$350K 3 15d 103% 2
$600K-$650K 2 5d 100% 0
$400K-$450K 3 15d 100% 0
$250K-$300K 4 44d 102% 0

The $350K-$400K range shows the strongest buyer demand with 4 sales averaging 10 days to contract at 104% of asking. No active competition in this band.

Market Velocity

How fast the Ravenswood market is moving

0%
Price Reduction Rate
10d
Median Days to Contract
Fastest 25%: 6 days
0.7
Months of Supply
8 active listings

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

The median time to contract is 10 days, with motivated buyers moving within 6 days on well-priced listings.

With 0.7 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 Ravenswood median

Example 2.5% Commission
$10,075
Based on $403K median
vs
Up to $8K 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 10 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 $403K, that's $8,080 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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