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Homes for Sale Under 500K in Chicago, IL

4,382 Homes for Sale

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Price CutPrice Drop: $14.9K
Photo 1 of Single family home for sale at 7058 W 63rd Place, Chicago, IL 60638 | MLS# 12790729 | Listing updated on 2026-11-11

$450,000

Views: 7

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,800sqft

Single family home for sale

7058 W 63rd Place, Chicago, IL 60638

MLS ID #12790729, Bloom/Sanchez Realty, Inc.

Showing 337 - 378 of 4,382 homes for sale in Chicago, IL

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Chicago, IL Housing Market Overview

Chicago is a balanced market, giving buyers and sellers room to negotiate. With 2.5 months of supply and homes averaging 55 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

55

Inventory

4,328

Oct 2021Jul 2024Oct 2026

Median Home Price

$402,000Up 5.03%

In Oct 2026 · YoY

Oct 2021Jul 2024Oct 2026

Mortgage Rates 30-Yr Fixed

7.18%Down 0.06%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
4,328 Down 26.83%
Newly Listed Homes
9,285 Down 20.14%
Months of Supply
2.5 Down 10.71%

Housing Demand

Homes Sold
5,282 Down 17.70%
Sale-to-List Ratio
100.3% Up 0.91%
Homes Sold Above List
41.6% Up 13.28%

30-yr fixed rate 7.18% · Data as of Oct 2026 · Source: Houzeo Research.

View Full Chicago Market Report
No. of Homes
Prices
Houses for Sale in Near North Side, Chicago
519
$455,000
Houses for Sale in West Englewood, Chicago
235
-
Houses for Sale in Roseland, Chicago
209
-
Houses for Sale in Lake View, Chicago
207
-
Houses for Sale in Englewood, Chicago
189
-
Houses for Sale in River North, Chicago
185
-
Houses for Sale in West Town, Chicago
182
-
Houses for Sale in Near West Side, Chicago
180
-
Houses for Sale in Loop, Chicago
149
-
Houses for Sale in Austin, Chicago
146
-
Houses for Sale in Lincoln Park, Chicago
138
$889,000
Houses for Sale in West Pullman, Chicago
134
-
Houses for Sale in Bronzeville, Chicago
130
-
Houses for Sale in South Shore, Chicago
127
-
Houses for Sale in Greater Grand Crossing, Chicago
122
-
Houses for Sale in Auburn Gresham, Chicago
122
-
Houses for Sale in West Ridge, Chicago
117
-
Houses for Sale in Logan Square, Chicago
112
$655,000
Houses for Sale in West Loop, Chicago
112
-
Houses for Sale in Chatham, Chicago
106
-
Greater Grand Crossing, Chicago Neighborhood Guide
Austin, Chicago Neighborhood Guide
Lake View, Chicago Neighborhood Guide
Englewood, Chicago Neighborhood Guide
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  • mls-img
    This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Nov 13, 2026, 10:15 PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

    Based on information submitted to the MLS GRID as of Nov 13, 2026, 10:15 PM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS,

    Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved
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Homes Available icon

4,382

Homes Available

Median List Price icon

$ 402,000

Median List Price

Avg on Market icon

55 Days

Avg on Market