It’s no accident that new home construction in Chicago is on the upswing. In 2022, 1,028 new homes were sold in Chicago. That number increased by 6% to 1,093 new homes the following year, in 2023. With prices rising about 2.5 percent over the last year, new construction homes sold for a median price of $819K in 2023. The median time on the market was 13 days. New construction residences tend to be part of a homeowners association (HOA), with almost 75% of newly sold new construction homes belonging to an HOA. About 22% of new homes were single family residences, with the remainder being townhomes or condos.
New Construction Homes for Sale in Chicago, IL
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3122 S Benson St Unit 2, Chicago, IL 60608
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2854 W Harrison St Unit A, Chicago, IL 60612
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3221 N Kenneth Ave, Chicago, IL 60641
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3338 N Leavitt St, Chicago, IL 60618
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2354 W Farragut Ave Unit 401, Chicago, IL 60625
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2354 W Farragut Ave Unit 404, Chicago, IL 60625
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2354 W Farragut Ave Unit 201, Chicago, IL 60625
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2354 W Farragut Ave Unit 206, Chicago, IL 60625
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2354 W Farragut Ave Unit 403, Chicago, IL 60625
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2354 W Farragut Ave Unit 202, Chicago, IL 60625
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2354 W Farragut Ave Unit 302, Chicago, IL 60625
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5691 N Ridge Ave Unit 201, Chicago, IL 60660
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4442 S Drexel Blvd Unit F, Chicago, IL 60653
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4706 S Saint Lawrence Ave Unit 2W, Chicago, IL 60615
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4706 S Saint Lawrence Ave Unit 2E, Chicago, IL 60615
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4706 S Saint Lawrence Ave Unit 4E, Chicago, IL 60615
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