The Loop · Chicago, IL
Is Now a Good Time to Sell in The Loop, Chicago?
The median home in The Loop sells for $370,000 with prices down 9% year-over-year. Ridley's flat fee saves you $7,601.
The Loop Real Estate Market Conditions
Ridley Sell Score
How it's scored →Cooling
47/100The market is shifting — strategic pricing and presentation matter more.
Median Sale Price
$370,000
-9%Days on Market
92.5
Price per Sq Ft
$338
Sale-to-List Ratio
97.94%
Homes Sold
135
Sold Above List
25.93%
Pending in 2 Weeks
20.59%
Source: public market records
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Your savings
How much can you save selling in The Loop?
That's 6 months of groceries — save 2.1% of your home value
$370,000
Traditional Agent (3%)
$11,100
Ridley Pro (flat fee)
$3,499
Ready to sell in The Loop?
Get a personalized selling strategy with AI-powered pricing analysis
Get Your Selling StrategyCost comparison
Cost to sell in The Loop
| Traditional Agent | Best valueRidley Pro | Ridley Essentials | |
|---|---|---|---|
| Listing fee | $11,100 | $3,499 | $999 |
| Buyer agent | $10,3602.8% avg | $7,400~2% avg | $7,400~2% avg |
| Closing costs (~1.5%) | $5,550 | $5,550 | $5,550 |
| Total cost | $27,010 | $16,449 | $13,949 |
| You save | — | $7,601 | $10,101 |
Based on the The Loop median home price of $370,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.
How to sell your house and save on commission in The Loop
A flat fee of $3,499 instead of the typical $11,100 commission — with a dedicated agent at every step.
AI + expert price your home
AI-powered comps reviewed by your dedicated agent — using The Loop 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 The Loop 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 $7,601 more
Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.
FAQ
Common questions about selling in The Loop
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