Hegewisch derives from a German surname pronounced "hege-vish"), is located on the Chicago's far south side. Hegewisch is bordered by the neighborhoods of Riverdale and South Deering to the west, the East Side to the north, the village of Burnham to the south and the city of Hammond, Indiana to the east.
Hegewisch currently has 30 single family homes for sale with an average list price of $241,550, 1 condo for sale with a list price of $135,000, and 1 lot for sale with a list price of $25,000. The average annual property tax for Hegewisch is $2,059.56.
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 Hegewisch, i.e. what's hot and what's not.
See What's Hot & What's Not in Hegewisch
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 Hegewisch, i.e. what's hot and what's not.
Market Trends
Hegewisch home sales for the month of October rose in volume by 16.7% when compared to last year, while the median sale price rose by 10.7% from $206,950 to $229,000. House sales stayed the same, while the median sale price rose by 15.7% from $206,950 to $239,500. Condo sales stayed the same, while the median sale price stayed the same.
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84
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57
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| 2023 | 2024 | ||
| # of sales per year | |||
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$219,400
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$235,000
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| 2023 | 2024 | ||
| median sale price per year | |||
Median Sale Price for Hegewisch
Number of Sales for Hegewisch
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