January 2026 Near North Side Chicago Housing Market Update | Home Prices $449K +6.9% Growth

January 2026 Near North Side Chicago Housing Market Update | Home Prices $449K +6.9% Growth

The Near North Side Chicago housing market is starting 2026 with steady appreciation. According to Info Sparks data as of January 2026, the median price across all property types reached $449,000, reflecting a 6.9% year-over-year increase.

This growth shows consistent demand in one of Chicago’s most recognized and centrally located neighborhoods, attracting both homeowners and investors looking for long-term value.

What the Numbers Mean for Near North Side Chicago – January 2026

Near North Side Chicago – January 2026

A 6.9% increase points to a balanced market with steady appreciation. The Near North Side continues to draw buyers who want to be close to downtown while enjoying a wide range of housing options, from condos to townhomes and single-family residences.

For homeowners:

  • Continued growth in property values

  • Strong buyer demand across multiple property types

  • Favorable conditions for well-priced listings

For buyers:

  • A stable urban market with consistent appreciation

  • Diverse housing choices at different price points

  • Long-term value in a high-demand Chicago neighborhood

Why Buyers Are Targeting Near North Side Chicago

The Near North Side remains one of the most sought-after locations in the city thanks to its lifestyle and convenience.

  • Immediate access to Downtown Chicago and the Loop

  • World-class dining, shopping, and entertainment

  • Lakefront access, parks, and cultural attractions

  • Excellent public transportation and walkability

These advantages continue to support strong property values and consistent buyer interest.

Local Expertise Matters

Market trends are important, but neighborhood-level experience makes the real difference.

Cory Tanzer and the Cory Tanzer Group rank among the top 1% of real estate teams in Chicagoland, specializing in Downtown Chicago, the North Shore, and the Western Suburbs. Their team combines local knowledge with proven strategies to help clients achieve strong results.

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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.