The condo market in Bronzeville is trending up.
As we can see from the charts below, sales prices have been steadily increasing
since 2011. This is great news for Bronzeville condo owners.
And buyers can take comfort in knowing condos are still relatively affordable in Bronzeville.
Due to strong rental demand in the area, owning a condo may even be cheaper than paying rent.
The average selling price for a 2bed/2bath condo, in 2016, is about $91,000.
The average selling price for 3 bedroom condo, with 2 baths, is about $143,000.
As of 12/3/2016, there are 17 3bed/2bath condos on the market for sale in Bronzeville.
The median asking price is $154,000.
As of 12/3/2016, there are only 7 2bed/2bath condos on the market for sale in Bronzeville.
The median asking price is $160,000.
If you are thinking about buying or selling a condo in Bronzeville, let me know!
You can text me: Mark Killion 773-354-6693.
Until the next time,
2447 N. Ashland
Chicago, IL 60614
Visit me online: www.773property.com
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