House Prices

Mount Greenwood Chicago, IL House Prices & Home Values 2026


Average Data

average house price$225,442
average size per house1141 ft²
average price per ft²187 $ / ft²

04/15/2026 - The value range (VR) for house prices in Mount Greenwood Chicago, IL is $177.65/ sqft to $196.35/ sqft. An average home with 1141 sqft costs approximately $191,551 to $211,714. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60655, while the highest are in ZIP 60655. The average price per sqare feet is $187. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Mount Greenwood Chicago

60655189 $ / ft²




Historical development of home values in Mount Greenwood Chicago

Year Estimated value (USD) Change vs. 2025
2010 $104,699 -53.6%
2011 $100,651 -55.4%
2012 $100,380 -55.5%
2013 $104,132 -53.8%
2014 $109,309 -51.5%
2015 $114,920 -49.0%
2016 $120,917 -46.4%
2017 $127,443 -43.5%
2018 $134,489 -40.3%
2019 $140,725 -37.6%
2020 $148,000 -34.4%
2021 $168,334 -25.3%
2022 $196,239 -13.0%
2023 $206,944 -8.2%
2024 $218,916 -2.9%
2025 $225,442 0.0%

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



Example: 100% financing house in Mount Greenwood Chicago

Loan amount: $225,442

Interest rate: 5.67%

Fixed monthly payment: $1,304.18

Breakdown in the 1st month:
Interest portion: $1,065.21  –  Principal portion: $238.97

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $12,706.85 $2,943.35 $222,498.65
2 $12,535.56 $3,114.64 $219,384.00
3 $12,354.30 $3,295.91 $216,088.10
4 $12,162.48 $3,487.72 $212,600.38
5 $11,959.51 $3,690.69 $208,909.68
6 $11,744.72 $3,905.48 $205,004.20
7 $11,517.43 $4,132.77 $200,871.44
8 $11,276.92 $4,373.28 $196,498.15
9 $11,022.41 $4,627.79 $191,870.36
10 $10,753.09 $4,897.12 $186,973.24
11 $10,468.09 $5,182.11 $181,791.13
12 $10,166.50 $5,483.70 $176,307.43
13 $9,847.37 $5,802.83 $170,504.60
14 $9,509.66 $6,140.54 $164,364.06
15 $9,152.30 $6,497.90 $157,866.16
16 $8,774.14 $6,876.06 $150,990.10
17 $8,373.98 $7,276.22 $143,713.87
18 $7,950.52 $7,699.68 $136,014.20
19 $7,502.43 $8,147.78 $127,866.42
20 $7,028.25 $8,621.95 $119,244.47
21 $6,526.48 $9,123.72 $110,120.75
22 $5,995.51 $9,654.70 $100,466.05
23 $5,433.63 $10,216.57 $90,249.48
24 $4,839.06 $10,811.14 $79,438.34
25 $4,209.88 $11,440.32 $67,998.02
26 $3,544.09 $12,106.11 $55,891.91
27 $2,839.55 $12,810.65 $43,081.27
28 $2,094.01 $13,556.19 $29,525.08
29 $1,305.09 $14,345.12 $15,179.96
30 $470.24 $15,179.96 $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 Mount Greenwood Chicago, IL


1500 sqft3900 sqft
Ø selling price$320,738$682,297
Ø fast selling$291,580$614,067
Ø high price sale$349,896$750,527

In 2026, houses in Mount Greenwood Chicago, IL will be offered at an average price of $187 per square foot. A 1,500 sqft home priced at $320,738 is 21.74% more expensive per square foot than a 3,900 sqft home priced at $682,297. Home prices in Mount Greenwood 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 $472,360. Sellers who can wait longer may achieve a higher price of up to $577,328.


Mount Greenwood, Chicago, IL Neighborhood Guide

Overview

Located on the far Southwest Side of Chicago, IL, the Mount Greenwood neighborhood blends a small-town feel with city amenities.
Known for its strong Irish-American roots and many first-responder families, it offers a welcoming, family-friendly atmosphere.

Parks and Recreation

Residents enjoy green space at Mount Greenwood Park, with ball fields, playgrounds, and seasonal programming from the Chicago Park District.
Nearby Dan Ryan Woods and the parks of Beverly and Morgan Park add even more outdoor options.

Schools and Community

Education stands out with Mount Greenwood Elementary and the campus of Saint Xavier University supporting learners of all ages.
Active civic groups, youth sports, and neighborhood events foster strong ties and year-round engagement.

Dining and Shopping

The 111th Street business corridor features local diners, Irish pubs, bakeries, and family-run shops that define the area?s flavor.
You?ll also find everyday conveniences along Kedzie and Pulaski, making errands quick and easy.

Transportation and Housing

Commuters appreciate CTA bus service and quick access to Metra Rock Island District stations in nearby Beverly and Morgan Park for easy trips downtown.
Housing and real estate in Mount Greenwood leans toward well-kept single-family bungalows and ranches on tree-lined streets, offering value and stability for buyers and renters.



FAQ – Home Values in Mount Greenwood Chicago

What is the median home value in Mount Greenwood Chicago in 2026?

In 2026, the typical home value in Mount Greenwood Chicago is about $225,442 for an average home size of 1141 square feet. This corresponds to an average price of roughly $187 per square foot.

What is the average cost per square foot in Mount Greenwood Chicago?

In 2026, homes in Mount Greenwood Chicago sell for an average of around $187 per square foot, with a typical range between $177.65 and $196.35 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Mount Greenwood?

The average home size in Mount Greenwood Chicago is about 1141 square feet, with an estimated 2026 value around $225,442.



Neighborhoods close to Mount Greenwood Chicago, IL

Edgewater Chicago, IL202 $ / 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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