Gage Park is one of Chicago's 77 well-defined community areas, located on the Chicago's southwest side.
Gage Park currently has 32 single family homes for sale with an average list price of $304,212.16, 1 condo for sale with a list price of $180,000, and 6 lots for sale with an average list price of $119,066.67. The average annual property tax for Gage Park is $2,502.68.
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 Gage Park, i.e. what's hot and what's not.
See What's Hot & What's Not in Gage ParkGage Park home sales for the month of February decreased in volume by 66.7% when compared to last year, while the median sale price decreased by 28.7% from $235,000 to $167,500. House sales decreased by 83.3%, while the median sale price decreased by 6.4% from $235,000 to $220,000. Condo sales decreased, while the median sale price decreased.
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78
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81
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| 2024 | 2025 | ||
| # of sales per year | |||
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$277,500
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$290,000
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| 2024 | 2025 | ||
| median sale price per year | |||