Ravenswood Market Report
Single Family
90-day market data from Chicago MLS — updated March 31, 2026
Source: MRED MLS, 90-day sold data. Updated March 31, 2026.
Example 2.5% commission on the Ravenswood median of $443K = $11,063. 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 | Above Ask | Active |
|---|---|---|---|---|---|
| $400K-$450K Strongest Demand | 5 | 10d | 109% | — | 1 |
| $350K-$400K | 4 | 6d | 108% | — | 0 |
| $500K-$550K | 3 | 13d | 107% | — | 0 |
| $300K-$350K | 2 | 2d | 108% | — | 1 |
| $450K-$500K | 2 | 2d | 100% | — | 1 |
The $400K-$450K price range in Ravenswood shows the strongest buyer demand over the last 90 days with 5 closed sales, averaging 10 days from listing to contract, with buyers paying 109% of asking price. There is currently 1 active listing in this range, so sellers pricing into this band should expect buyer interest but need to differentiate on condition, presentation, and accurate pricing relative to comparable recent sales. 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 Ravenswood
Market Velocity
How fast the Ravenswood market is moving
No active listings in Ravenswood 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. Correctly priced homes are going under contract in 5 days at the median, with the fastest quartile reaching agreement in just 4 days. That pace leaves very little room for sellers who list above market value and plan to negotiate down. With just 0.7 months of supply across 7 active listings, Ravenswood remains a seller's market. Limited inventory gives correctly priced listings leverage in negotiations, but that advantage disappears quickly for homes that sit beyond the median days on market.
What This Means for Your Listing
Commission savings at the Ravenswood median
In a market where correctly priced homes in Ravenswood sell in 5 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 Ravenswood median of $443K, a traditional commission in the 2-3% range costs $11,063. 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 $9,068 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.
Or send your address to matthew@netgain.realty for a property-specific analysis
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