What is the median home price in Old Town, Chicago?

The median home price in Old Town is $512,500, up 6% year-over-year. Homes sell in a median of 59.5 days. The sale-to-list ratio is 98.32%.

How much does it cost to sell a home in Old Town?

On a $512,500 home in Old Town, a traditional agent charges around 3% — about $15,375. With Ridley Essentials ($999) or Ridley Pro ($3,499), you save $11,876 while getting MLS listing and expert support.

How long does it take to sell a home in Old Town?

The median home in Old Town spends 59.5 days on market. 34.29% of listings go pending within two weeks. 84 homes sold recently in this neighborhood.

Is Old Town a good neighborhood to sell in right now?

Old Town had 84 homes sell recently at a median of $512,500. Sellers are getting 98.32% of their asking price. 21.43% of homes sold above list price. Ridley's flat fee means you keep more regardless of market conditions.

National/Illinois/Chicago

Old Town · Chicago, IL

Is Now a Good Time to Sell in Old Town, Chicago?

The median home in Old Town sells for $512,500 with prices up 6% year-over-year. Ridley's flat fee saves you $11,876.

Old Town Real Estate Market Conditions

59out of 100

Ridley Sell Score

How it's scored →

Moderate

59/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Old Town market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Don't count on bidding wars — price to attract offers rather than leave room for negotiation. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Illinois average is 2.9.

Price MomentumNeutral

Prices up 5.7246003089999995% year-over-year — vs. +8% statewide.

Seller LeverageNeutral

Homes selling at 98.32% of asking — buyers are negotiating 1.7% below list. Illinois average is 98.1%.

Bidding ActivityNeutral

21.43% of homes selling above list price — 13% below the Illinois average of 24.7%.

Sale SpeedNeutral

59.5 median days on market — in line with the Illinois average.

Market UrgencyNeutral

34.29% of listings go pending within 2 weeks — vs. 38.4% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Illinois average is 18.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$512,500

+6%

Days on Market

59.5

Price per Sq Ft

$393

Sale-to-List Ratio

98.32%

Homes Sold

Sold Above List

21.43%

Pending in 2 Weeks

34.29%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Chicago — delivered monthly.

Your savings

How much can you save selling in Old Town?

$0Estimated savings

That's a dream family vacation — save 2.3% of your home value

Your Old Town home value

$512,500

$50,000$10M

Traditional Agent (3%)

$15,375

Ridley Pro (flat fee)

$3,499

Ready to sell in Old Town?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Old Town

	Traditional Agent	Best valueRidley Pro	Ridley Essentials
Listing fee	$15,375	$3,499	$999
Buyer agent	$14,3502.8% avg	$10,250~2% avg	$10,250~2% avg
Closing costs (~1.5%)	$7,688	$7,688	$7,688
Total cost	$37,413	$21,437	$18,937
You save	—	$11,876	$14,376

Based on the Old Town median home price of $512,500. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Old Town

A flat fee of $3,499 instead of the typical $15,375 commission — with a dedicated agent at every step.

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Old Town market data so you list at the right price.

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Old Town buyers look — plus a custom Ridley listing page with AI chat.

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

Close and keep $11,876 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

Get Your Selling Strategy

FAQ

Common questions about selling in Old Town

Ready to sell in Old Town?

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Explore nearby

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