House Prices

Fernwood Chicago, IL House Prices & Home Values 2026


Average Data

average house price$160,403
average size per house1648 ft²
average price per ft²102 $ / ft²

04/15/2026 - The value range (VR) for house prices in Fernwood Chicago, IL is $96.9/ sqft to $107.1/ sqft. An average home with 1648 sqft costs approximately $166,079 to $183,561. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60628, while the highest are in ZIP 60628. The average price per sqare feet is $102. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Fernwood Chicago

6062897 $ / ft²




Historical development of home values in Fernwood Chicago

Year Estimated value (USD) Change vs. 2025
2010 $74,494 -53.6%
2011 $71,613 -55.4%
2012 $71,421 -55.5%
2013 $74,090 -53.8%
2014 $77,774 -51.5%
2015 $81,766 -49.0%
2016 $86,033 -46.4%
2017 $90,676 -43.5%
2018 $95,690 -40.3%
2019 $100,126 -37.6%
2020 $105,303 -34.4%
2021 $119,770 -25.3%
2022 $139,625 -13.0%
2023 $147,241 -8.2%
2024 $155,759 -2.9%
2025 $160,403 0.0%

Graph: estimated home values in Fernwood Chicago over time (USD)



Example: 100% financing house in Fernwood Chicago

Loan amount: $160,403

Interest rate: 6.24%

Fixed monthly payment: $986.59

Breakdown in the 1st month:
Interest portion: $834.10  –  Principal portion: $152.49

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $9,955.89 $1,883.14 $158,519.86
2 $9,834.97 $2,004.06 $156,515.80
3 $9,706.27 $2,132.76 $154,383.05
4 $9,569.32 $2,269.71 $152,113.33
5 $9,423.57 $2,415.46 $149,697.87
6 $9,268.45 $2,570.58 $147,127.29
7 $9,103.38 $2,735.65 $144,391.65
8 $8,927.71 $2,911.32 $141,480.33
9 $8,740.76 $3,098.27 $138,382.05
10 $8,541.80 $3,297.23 $135,084.82
11 $8,330.06 $3,508.97 $131,575.85
12 $8,104.73 $3,734.30 $127,841.56
13 $7,864.93 $3,974.10 $123,867.46
14 $7,609.73 $4,229.30 $119,638.16
15 $7,338.14 $4,500.89 $115,137.27
16 $7,049.11 $4,789.92 $110,347.35
17 $6,741.52 $5,097.51 $105,249.85
18 $6,414.18 $5,424.85 $99,825.00
19 $6,065.82 $5,773.21 $94,051.79
20 $5,695.09 $6,143.94 $87,907.85
21 $5,300.55 $6,538.48 $81,369.37
22 $4,880.68 $6,958.35 $74,411.01
23 $4,433.84 $7,405.19 $67,005.82
24 $3,958.31 $7,880.72 $59,125.10
25 $3,452.24 $8,386.79 $50,738.31
26 $2,913.67 $8,925.36 $41,812.95
27 $2,340.52 $9,498.51 $32,314.44
28 $1,730.57 $10,108.46 $22,205.98
29 $1,081.44 $10,757.59 $11,448.40
30 $390.63 $11,448.40 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Fernwood Chicago, IL


1500 sqft3900 sqft
Ø selling price$192,536$409,575
Ø fast selling$175,032$368,618
Ø high price sale$210,039$450,533

In 2026, houses in Fernwood Chicago, IL will be offered at an average price of $102 per square foot. A 1,500 sqft home priced at $192,536 is 23.92% more expensive per square foot than a 3,900 sqft home priced at $409,575. Home prices in Fernwood Chicago, IL vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $283,552. Sellers who can wait longer may achieve a higher price of up to $346,564.


Fernwood, Chicago IL Neighborhood Guide

Location & Character

Located on Chicago?s Far South Side, Fernwood Chicago is a residential neighborhood known for tree-lined streets and classic brick homes.
The area sits within the Washington Heights community area, near Roseland and West Pullman, offering a quiet, close-knit vibe.

History & Housing

Developed in the early 20th century around rail access, Fernwood retains a mix of historic bungalows and mid-century single-family residences.
Local real estate includes sturdy brick bungalows, Cape Cods, and two-flats that are often more affordable than citywide averages.

Parks & Things to Do

Residents enjoy parks and green space, including neighborhood-friendly Fernwood Park and nearby Ada Park with playgrounds, ball fields, and community programs.
Dining, barbers, and small shops along Halsted Street, 103rd Street, and Vincennes Avenue provide convenient everyday amenities and local flavor.

Transportation & Access

Commuters appreciate access to I-57, Metra Rock Island District service at nearby stations, and CTA buses that connect to the 95th/Dan Ryan Red Line terminal.

Schools & Community

Families in Fernwood can choose from Chicago Public Schools, selective and charter options, plus Park District classes and neighborhood library resources.
Strong block clubs, active faith communities, and long-time residents cultivate a welcoming culture with seasonal events and volunteer initiatives.
For buyers and renters seeking value, space, and South Side connectivity, Fernwood Chicago IL offers a comfortable neighborhood feel with urban convenience.



FAQ – Home Values in Fernwood Chicago

What is the median home value in Fernwood Chicago in 2026?

In 2026, the typical home value in Fernwood Chicago is about $160,403 for an average home size of 1648 square feet. This corresponds to an average price of roughly $102 per square foot.

What is the average cost per square foot in Fernwood Chicago?

In 2026, homes in Fernwood Chicago sell for an average of around $102 per square foot, with a typical range between $96.9 and $107.1 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Fernwood?

The average home size in Fernwood Chicago is about 1648 square feet, with an estimated 2026 value around $160,403.



Neighborhoods close to Fernwood Chicago, IL

Chicago Lawn Chicago, IL187 $ / ft²
St. Clair Gardens East Saint Louis, IL43 $ / ft²
Wicker Park Chicago, IL382 $ / ft²
Tanner Trails North Aurora, IL183 $ / ft²
Downtown Oak Lawn Oak Lawn, IL130 $ / ft²
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