Near West Side Chicago Real Estate Market Update (December 2025): Steady Appreciation Across All Property Types

Near West Side Chicago Real Estate Market Update (December 2025): Steady Appreciation Across All Property Types

The Near West Side of Chicago real estate market closed in December 2025 with moderate but steady growth, reinforcing its position as a vibrant, in-demand urban community in Chicago. Based on December 2025 market data, average property values across all types reached $420,000, reflecting a 3.1% year-over-year increase.


This steady growth highlights continued interest in the area, driven by accessibility, diverse housing options, and urban lifestyle amenities.


What’s Driving Property Values in the Near West Side?

Several factors contributed to the market’s steady performance in December 2025:


Diverse Housing Options

The Near West Side offers a mix of condos, townhomes, and multi-unit properties alongside traditional single-family homes. This variety attracts a wide range of buyers—from first-time homeowners and professionals to investors seeking rental income.

Exceptional Transit & Walkability

Proximity to downtown Chicago, public transit options, and bike-friendly streets makes this neighborhood appealing to urban commuters. Walkable access to restaurants, shops, and cultural venues adds to the area’s draw.

Vibrant Community & Amenities

Local parks, schools, and entertainment venues contribute to both quality of life and long-term desirability, supporting stable demand for properties in the area.


What December 2025 Data Means for Sellers

For Near West Side property owners, December 2025 data highlights steady equity growth and consistent buyer interest across all property types. Properly priced and well-presented homes and condos continue to attract active buyers in this urban market.


Sellers can benefit from:

  • Strong buyer interest across multiple property types

  • Stable pricing trends supporting predictable returns

  • Competitive offers when properties are positioned strategically

Even in a diverse market, professional marketing and accurate pricing remain essential.


Opportunities for Buyers in the Near West Side OF Chicago

While values have risen, the Near West Side remains accessible relative to other urban neighborhoods. Buyers who understand neighborhood-specific pricing and act decisively can still secure excellent opportunities.


Key strategies for buyers include:

  • Researching property-type-specific trends

  • Acting quickly on competitive listings

  • Working with local experts to structure offers effectively

Entering the market before further appreciation in 2026 can provide long-term equity potential.


Local Expertise Makes the Difference

Urban markets like the Near West Side require neighborhood-specific insight. Prices and demand can vary significantly between condos, townhomes, and single-family homes.


We provide:

  • Detailed analysis by property type and neighborhood

  • Strategic marketing plans to elevate property value

  • Buyer and seller guidance focused on timing, positioning, and negotiation

Whether you’re exploring December 2025 trends, planning to sell, or searching for your next home, trusted local expertise helps you make confident decisions in this dynamic urban market.


Stay Connected

Ranked as a top 1% team in the Chicagoland market, Cory Tanzer and the Cory Tanzer Group specialize in the Chicago, North Shore, and Western Suburbs real estate market. With deep local market expertise and a proven track record, Cory and his team help clients buy and sell with clarity, confidence, and results.