House Prices

Norwood Park East Chicago, IL House Prices & Home Values 2026


Average Data

average house price$390,414
average size per house1530 ft²
average price per ft²272 $ / ft²

04/15/2026 - The value range (VR) for house prices in Norwood Park East Chicago, IL is $258.4/ sqft to $285.6/ sqft. An average home with 1530 sqft costs approximately $421,050 to $465,371. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60631, while the highest are in ZIP 60631. The average price per sqare feet is $272. Our analysis is based on 14 property listings.

Avergage prices by ZIP codes Norwood Park East Chicago

60631292 $ / ft²




Historical development of home values in Norwood Park East Chicago

Year Estimated value (USD) Change vs. 2025
2010 $181,315 -53.6%
2011 $174,304 -55.4%
2012 $173,835 -55.5%
2013 $180,332 -53.8%
2014 $189,299 -51.5%
2015 $199,014 -49.0%
2016 $209,400 -46.4%
2017 $220,703 -43.5%
2018 $232,904 -40.3%
2019 $243,704 -37.6%
2020 $256,302 -34.4%
2021 $291,516 -25.3%
2022 $339,842 -13.0%
2023 $358,379 -8.2%
2024 $379,112 -2.9%
2025 $390,414 0.0%

Graph: estimated home values in Norwood Park East Chicago over time (USD)



Example: 100% financing house in Norwood Park East Chicago

Loan amount: $390,414

Interest rate: 6.39%

Fixed monthly payment: $2,439.51

Breakdown in the 1st month:
Interest portion: $2,078.95  –  Principal portion: $360.55

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $24,818.46 $4,455.62 $385,958.38
2 $24,525.26 $4,748.82 $381,209.56
3 $24,212.76 $5,061.32 $376,148.24
4 $23,879.70 $5,394.38 $370,753.86
5 $23,524.72 $5,749.36 $365,004.50
6 $23,146.39 $6,127.70 $358,876.80
7 $22,743.15 $6,530.93 $352,345.87
8 $22,313.39 $6,960.70 $345,385.17
9 $21,855.34 $7,418.75 $337,966.43
10 $21,367.14 $7,906.94 $330,059.49
11 $20,846.83 $8,427.25 $321,632.24
12 $20,292.27 $8,981.81 $312,650.42
13 $19,701.22 $9,572.86 $303,077.56
14 $19,071.28 $10,202.80 $292,874.76
15 $18,399.88 $10,874.20 $282,000.56
16 $17,684.31 $11,589.78 $270,410.79
17 $16,921.64 $12,352.44 $258,058.34
18 $16,108.79 $13,165.30 $244,893.04
19 $15,242.44 $14,031.64 $230,861.40
20 $14,319.09 $14,954.99 $215,906.41
21 $13,334.97 $15,939.11 $199,967.30
22 $12,286.10 $16,987.98 $182,979.32
23 $11,168.20 $18,105.88 $164,873.44
24 $9,976.74 $19,297.34 $145,576.10
25 $8,706.88 $20,567.20 $125,008.90
26 $7,353.46 $21,920.63 $103,088.27
27 $5,910.97 $23,363.12 $79,725.16
28 $4,373.55 $24,900.53 $54,824.63
29 $2,734.97 $26,539.11 $28,285.52
30 $988.56 $28,285.52 $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 Norwood Park East Chicago, IL


1500 sqft3900 sqft
Ø selling price$525,770$1,118,455
Ø fast selling$477,973$1,006,610
Ø high price sale$573,567$1,230,300

In 2026, houses in Norwood Park East Chicago, IL will be offered at an average price of $272 per square foot. A 1,500 sqft home priced at $525,770 is 24.49% more expensive per square foot than a 3,900 sqft home priced at $1,118,455. Home prices in Norwood Park East 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 $774,315. Sellers who can wait longer may achieve a higher price of up to $946,385.

FAQ – Home Values in Norwood Park East Chicago

What is the median home value in Norwood Park East Chicago in 2026?

In 2026, the typical home value in Norwood Park East Chicago is about $390,414 for an average home size of 1530 square feet. This corresponds to an average price of roughly $272 per square foot.

What is the average cost per square foot in Norwood Park East Chicago?

In 2026, homes in Norwood Park East Chicago sell for an average of around $272 per square foot, with a typical range between $258.4 and $285.6 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Norwood Park East?

The average home size in Norwood Park East Chicago is about 1530 square feet, with an estimated 2026 value around $390,414.



Neighborhoods close to Norwood Park East Chicago, IL

Garfield Ridge Chicago, IL168 $ / 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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