House Prices

Midway Chicago, IL House Prices & Home Values 2026


Average Data

average house price$296,171
average size per house1552 ft²
average price per ft²193 $ / ft²

04/15/2026 - The value range (VR) for house prices in Midway Chicago, IL is $183.35/ sqft to $202.65/ sqft. An average home with 1552 sqft costs approximately $287,121 to $317,344. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60638, while the highest are in ZIP 60638. The average price per sqare feet is $193. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes Midway Chicago

60638184 $ / ft²




Historical development of home values in Midway Chicago

Year Estimated value (USD) Change vs. 2025
2010 $137,547 -53.6%
2011 $132,228 -55.4%
2012 $131,872 -55.5%
2013 $136,801 -53.8%
2014 $143,604 -51.5%
2015 $150,974 -49.0%
2016 $158,853 -46.4%
2017 $167,427 -43.5%
2018 $176,683 -40.3%
2019 $184,875 -37.6%
2020 $194,433 -34.4%
2021 $221,146 -25.3%
2022 $257,807 -13.0%
2023 $271,869 -8.2%
2024 $287,597 -2.9%
2025 $296,171 0.0%

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



Example: 100% financing house in Midway Chicago

Loan amount: $296,171

Interest rate: 6.05%

Fixed monthly payment: $1,785.99

Breakdown in the 1st month:
Interest portion: $1,494.18  –  Principal portion: $291.81

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $17,831.38 $3,600.51 $292,570.49
2 $17,607.25 $3,824.63 $288,745.86
3 $17,369.17 $4,062.71 $284,683.15
4 $17,116.28 $4,315.61 $280,367.55
5 $16,847.64 $4,584.25 $275,783.30
6 $16,562.27 $4,869.61 $270,913.70
7 $16,259.15 $5,172.73 $265,740.96
8 $15,937.16 $5,494.73 $260,246.24
9 $15,595.12 $5,836.76 $254,409.47
10 $15,231.79 $6,200.09 $248,209.38
11 $14,845.84 $6,586.04 $241,623.34
12 $14,435.87 $6,996.01 $234,627.33
13 $14,000.38 $7,431.50 $227,195.83
14 $13,537.78 $7,894.10 $219,301.73
15 $13,046.39 $8,385.50 $210,916.23
16 $12,524.40 $8,907.48 $202,008.75
17 $11,969.93 $9,461.96 $192,546.80
18 $11,380.94 $10,050.95 $182,495.85
19 $10,755.28 $10,676.60 $171,819.25
20 $10,090.68 $11,341.20 $160,478.04
21 $9,384.71 $12,047.18 $148,430.87
22 $8,634.79 $12,797.09 $135,633.77
23 $7,838.19 $13,593.69 $122,040.08
24 $6,992.00 $14,439.88 $107,600.20
25 $6,093.15 $15,338.74 $92,261.47
26 $5,138.33 $16,293.55 $75,967.92
27 $4,124.09 $17,307.80 $58,660.12
28 $3,046.70 $18,385.18 $40,274.94
29 $1,902.25 $19,529.63 $20,745.32
30 $686.57 $20,745.32 $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 Midway Chicago, IL


1500 sqft3900 sqft
Ø selling price$353,448$751,880
Ø fast selling$321,317$676,692
Ø high price sale$385,580$827,068

In 2026, houses in Midway Chicago, IL will be offered at an average price of $193 per square foot. A 1,500 sqft home priced at $353,448 is 23.21% more expensive per square foot than a 3,900 sqft home priced at $751,880. Home prices in Midway 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 $520,533. Sellers who can wait longer may achieve a higher price of up to $636,206.


Explore Midway, Chicago, IL

Midway Chicago is a welcoming neighborhood on the Southwest Side, known for its proximity to Chicago Midway International Airport and convenient city access.


Location and Transportation

Anchored by the CTA Orange Line terminus and I-55, Midway offers commuters fast connections to downtown Chicago and the suburbs.

Reliable CTA buses along Cicero Avenue and 63rd Street make car-free living feasible for many residents.


Lifestyle and Amenities

The area features everyday conveniences, from grocery markets to local services, plus casual eateries along Archer Avenue and 63rd Street.

Food lovers will find beloved Mexican, Polish, and classic Chicago spots, with family-run restaurants that define the neighborhood?s flavor.

Outdoor time is easy at Vittum Park, West Lawn Park, and neighborhood playlots that host seasonal events and youth sports.


Housing and Community

Housing in Midway Chicago ranges from brick bungalows to two-flats and updated apartments, appealing to first-time buyers and renters.

Buyers researching Midway real estate appreciate relatively attainable prices, off-street parking, and quiet, tree-lined residential blocks.

The community is notably family-friendly, supported by neighborhood schools, churches, and an active small-business scene.

Whether you?re catching a flight, planning a move, or searching for things to do, this Midway Chicago neighborhood guide highlights a convenient, connected place to call home.



FAQ – Home Values in Midway Chicago

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

In 2026, the typical home value in Midway Chicago is about $296,171 for an average home size of 1552 square feet. This corresponds to an average price of roughly $193 per square foot.

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

In 2026, homes in Midway Chicago sell for an average of around $193 per square foot, with a typical range between $183.35 and $202.65 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Midway?

The average home size in Midway Chicago is about 1552 square feet, with an estimated 2026 value around $296,171.



Neighborhoods close to Midway Chicago, IL

Portage Park Chicago, IL243 $ / ft²
St. Clair Gardens East Saint Louis, IL43 $ / ft²
Chicago Lawn Chicago, IL187 $ / ft²
Tanner Trails North Aurora, IL183 $ / ft²
Downtown Oak Lawn Oak Lawn, IL130 $ / ft²
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