House Prices

New Town Chicago, IL House Prices & Home Values 2026


Average Data

average house price$347,336
average size per house1200 ft²
average price per ft²310 $ / ft²

04/15/2026 - The value range (VR) for house prices in New Town Chicago, IL is $278/ sqft to $305/ sqft. An average home with 1200 sqft costs approximately $356,952 to $391,620. Chicago, IL includes 2 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60657, while the highest are in ZIP 60613. The average price per sqare feet is $310. Our analysis is based on 23 property listings.

Avergage prices by ZIP codes New Town Chicago

60613305 $ / ft²
60657278 $ / ft²




Historical development of home values in New Town Chicago

Year Estimated value (USD) Change vs. 2025
2010 $161,309 -53.6%
2011 $155,071 -55.4%
2012 $154,654 -55.5%
2013 $160,434 -53.8%
2014 $168,412 -51.5%
2015 $177,055 -49.0%
2016 $186,295 -46.4%
2017 $196,350 -43.5%
2018 $207,206 -40.3%
2019 $216,813 -37.6%
2020 $228,022 -34.4%
2021 $259,350 -25.3%
2022 $302,344 -13.0%
2023 $318,836 -8.2%
2024 $337,281 -2.9%
2025 $347,336 0.0%

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



Example: 100% financing house in New Town Chicago

Loan amount: $347,336

Interest rate: 6.42%

Fixed monthly payment: $2,177.16

Breakdown in the 1st month:
Interest portion: $1,858.25  –  Principal portion: $318.91

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $22,184.33 $3,941.56 $343,394.44
2 $21,923.70 $4,202.19 $339,192.25
3 $21,645.84 $4,480.05 $334,712.20
4 $21,349.61 $4,776.29 $329,935.91
5 $21,033.78 $5,092.11 $324,843.80
6 $20,697.08 $5,428.82 $319,414.98
7 $20,338.11 $5,787.79 $313,627.20
8 $19,955.40 $6,170.49 $307,456.70
9 $19,547.39 $6,578.51 $300,878.20
10 $19,112.39 $7,013.50 $293,864.70
11 $18,648.64 $7,477.25 $286,387.44
12 $18,154.22 $7,971.67 $278,415.77
13 $17,627.11 $8,498.79 $269,916.98
14 $17,065.14 $9,060.75 $260,856.23
15 $16,466.01 $9,659.88 $251,196.35
16 $15,827.27 $10,298.62 $240,897.73
17 $15,146.29 $10,979.60 $229,918.13
18 $14,420.29 $11,705.60 $218,212.53
19 $13,646.28 $12,479.62 $205,732.92
20 $12,821.08 $13,304.81 $192,428.11
21 $11,941.33 $14,184.56 $178,243.54
22 $11,003.40 $15,122.49 $163,121.05
23 $10,003.45 $16,122.44 $146,998.61
24 $8,937.39 $17,188.51 $129,810.11
25 $7,800.83 $18,325.07 $111,485.04
26 $6,589.12 $19,536.78 $91,948.26
27 $5,297.28 $20,828.61 $71,119.65
28 $3,920.03 $22,205.86 $48,913.79
29 $2,451.71 $23,674.19 $25,239.60
30 $886.29 $25,239.60 $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 New Town Chicago, IL


1500 sqft3900 sqft
Ø selling price$602,036$1,280,694
Ø fast selling$547,306$1,152,625
Ø high price sale$656,766$1,408,764

In 2026, houses in New Town Chicago, IL will be offered at an average price of $310 per square foot. A 1,500 sqft home priced at $602,036 is 24.61% more expensive per square foot than a 3,900 sqft home priced at $1,280,694. Home prices in New Town 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 $886,635. Sellers who can wait longer may achieve a higher price of up to $1,083,664.

FAQ – Home Values in New Town Chicago

What is the median home value in New Town Chicago in 2026?

In 2026, the typical home value in New Town Chicago is about $347,336 for an average home size of 1200 square feet. This corresponds to an average price of roughly $310 per square foot.

What is the average cost per square foot in New Town Chicago?

In 2026, homes in New Town Chicago sell for an average of around $310 per square foot, with a typical range between $278 and $305 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in New Town?

The average home size in New Town Chicago is about 1200 square feet, with an estimated 2026 value around $347,336.



Neighborhoods close to New Town 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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