Supply & Demand in North Chicago

Seller's
Market
Balanced
Market
Buyer's
Market
< 5 months
Inventory
5 months
Inventory
> 5 months
Inventory
absorption_rate

The absorption rate is essentially the total number of months that is would take to sell all of the current listings in a particular market. These ratings are in a constant state of fluctuation, based on supply and demand, and usually involve all homes sold within the previous six-month period. Read more »

How is Absorption Rate calculated? How is Months of Inventory calculated?


34% of available homes are currently under contract

Supply & Demand for Single Family Homes

List Price Available Sold Since 04/22 Under Contract
Last 30 days
Absorption Rate Months of Inventory
1k-25k 1 0.2 0
26k-50k 1 11 1.8 0.6
51k-75k 2 10 3 1.7 1.2
76k-100k 4 8 1 1.3 3.1
101k-125k 2 19 8 3.2 0.6
126k-150k 1 7 1.2 0.8
151k-175k 4 0.7 0
176k-200k 1 1 0.2 5
201k-225k 1 0.2 0

50% of available homes are currently under contract

Supply & Demand for Condos/Townhomes

List Price Available Sold Since 04/22 Under Contract
Last 30 days
Absorption Rate Months of Inventory
26k-50k 1 0.2 0
51k-75k 1 7 1.2 0.8
76k-100k 1 1 0.2 0
101k-125k 2 0.3 0