Hermosa is located on the northwest side of Chicago, Illinois. Originally called Kelvyn Grove, it was already called Hermosa, meaning "beautiful" in Spanish, when annexed to the city in 1889. Hermosa includes the neighborhoods of Belmont Gardens, and Kelvyn Park.
Hermosa currently has 10 single family homes for sale with an average list price of $456,929.90, 2 condos for sale with an average list price of $352,400, and 4 lots for sale with an average list price of $353,375. The average annual property tax for Hermosa is $4,806.00.
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 Hermosa, i.e. what's hot and what's not.
See What's Hot & What's Not in Hermosa
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 Hermosa, i.e. what's hot and what's not.
Market Trends
Hermosa home sales for the month of August decreased in volume by 40% when compared to last year, while the median sale price rose by 57.7% from $390,000 to $615,000. House sales decreased by 25%, while the median sale price rose by 50.6% from $408,500 to $615,000.
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70
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81
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| 2023 | 2024 | ||
| # of sales per year | |||
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$370,000
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$405,000
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| 2023 | 2024 | ||
| median sale price per year | |||
Median Sale Price for Hermosa
Number of Sales for Hermosa
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