Alexander von Humboldt, whom the Humboldt Park neighborhood is named after
The West Loop, Logan Square, West Town.
These are neighborhoods that have long been on the ascent in Chicago’s real estate scene, where prices and sales have risen in tandem since recovering from the downturn.
Yet, when it comes to the Chicago neighborhood where sellers reduced their prices the least, none of those neighborhoods came out on top, according to a new analysis from Redfin. No, the Pullman neighborhood – the historical spot on the city’s South Side where the legendary Pullman rail cars were assembled – came out on top, with home sellers receiving an average sale-to-list of 101.8 percent; the West Loop came in at second, while Humboldt Park, another less-mentioned market, came in at No. 3 (in the past, Redfin has rated Humboldt Park one of the nation’s hottest housing markets).
Our chart below rounds out the full top 10 list, based on Redfin’s analysis:
| Neighborhood | Median Sale Price | Avg. Sale to List |
|---|---|---|
| Pullman | $59,000 | 101.8% |
| West Loop | $362,750 | 99.2% |
| Humboldt Park | $185,000 | 98.6% |
| South Loop | $346,000 | 98% |
| Little Village | $91,750 | 97.3% |
| West Town | $460,000 | 97.2% |
| Avondale | $290,000 | 97% |
| Logan Square | $384,000 | 96.9% |
| Archer Heights | $165,000 | 96.8% |
| Austin | $80,000 | 96.7% |
Photo Credit: Steven Kevil, Creative Commons Attribution 3.0 Unported, https://commons.wikimedia.org/wiki/File:Von_Humboldt_Statue.jpg