Archer Heights is one of the 77 official community areas of Chicago, it is located on the city's southwest side. The name Archer Heights comes from the major arterial street, Archer Ave. which runs from south of Chicago's downtown area through the southwest side of Chicago and beyond into the southwest suburbs. The street is built along what was once a Native American trail.
Archer Heights currently has 7 single family homes for sale with an average list price of $350,842.71, 1 condo for sale with a list price of $110,000, and 1 lot for sale with a list price of $900,990. The average annual property tax for Archer Heights is $3,062.03.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Archer Heights, i.e. what's hot and what's not.
See What's Hot & What's Not in Archer HeightsArcher Heights home sales for the month of October stayed the same in volume when compared to last year, while the median sale price decreased by 19.3% from $285,000 to $230,000. House sales stayed the same, while the median sale price decreased by 19.3% from $285,000 to $230,000.
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63
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53
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| 2023 | 2024 | ||
| # of sales per year | |||
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$290,000
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$300,000
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| 2023 | 2024 | ||
| median sale price per year | |||