Armour Square is both the name of a Chicago neighborhood on the city's South Side, as well as the larger, officially defined community area that the neighborhood is located in. The Armour Square community area also includes Chinatown and Wentworth Gardens neighborhoods. The Armour Square area is bordered by Bridgeport to the west and Bronzeville to the east, with Pilsen and the near South Side bordering the area to the north and Fuller Park bordering its southernmost boundary along Pershing Road.
Armour Square currently has 4 condos for sale with an average list price of $233,249.75 and 2 lots for sale with an average list price of $585,000. The average annual property tax for Armour Square is $6,472.64.
What's Hot & What Not
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 Armour Square, i.e. what's hot and what's not.
See What's Hot & What's Not in Armour Square
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 Armour Square, i.e. what's hot and what's not.
Market Trends
Armour Square home sales for the month of June decreased in volume by 50% when compared to last year, while the median sale price rose by 62.9% from $377,450 to $615,000. Townhouse sales stayed the same, while the median sale price rose by 43.1% from $429,900 to $615,000.
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27
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22
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| 2023 | 2024 | ||
| # of sales per year | |||
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$619,500
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$404,000
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| 2023 | 2024 | ||
| median sale price per year | |||
Median Sale Price for Armour Square
Number of Sales for Armour Square
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