House Prices

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


Average Data

average house price$364,020
average size per house1426 ft²
average price per ft²254 $ / ft²

04/15/2026 - The value range (VR) for house prices in Norwood Park West Chicago, IL is $241.3/ sqft to $266.7/ sqft. An average home with 1426 sqft costs approximately $341,686 to $377,653. 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 $254. Our analysis is based on 14 property listings.

Avergage prices by ZIP codes Norwood Park West Chicago

60631273 $ / ft²




Historical development of home values in Norwood Park West Chicago

Year Estimated value (USD) Change vs. 2025
2010 $169,057 -53.6%
2011 $162,520 -55.4%
2012 $162,082 -55.5%
2013 $168,141 -53.8%
2014 $176,501 -51.5%
2015 $185,560 -49.0%
2016 $195,244 -46.4%
2017 $205,782 -43.5%
2018 $217,159 -40.3%
2019 $227,228 -37.6%
2020 $238,975 -34.4%
2021 $271,808 -25.3%
2022 $316,867 -13.0%
2023 $334,151 -8.2%
2024 $353,482 -2.9%
2025 $364,020 0.0%

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



Example: 100% financing house in Norwood Park West Chicago

Loan amount: $364,020

Interest rate: 5.96%

Fixed monthly payment: $2,172.66

Breakdown in the 1st month:
Interest portion: $1,807.36  –  Principal portion: $365.30

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $21,566.60 $4,505.37 $359,514.63
2 $21,290.72 $4,781.25 $354,733.38
3 $20,997.94 $5,074.03 $349,659.36
4 $20,687.24 $5,384.73 $344,274.63
5 $20,357.51 $5,714.46 $338,560.17
6 $20,007.59 $6,064.38 $332,495.79
7 $19,636.24 $6,435.73 $326,060.06
8 $19,242.15 $6,829.81 $319,230.25
9 $18,823.94 $7,248.03 $311,982.21
10 $18,380.11 $7,691.86 $304,290.35
11 $17,909.10 $8,162.87 $296,127.49
12 $17,409.26 $8,662.71 $287,464.78
13 $16,878.80 $9,193.17 $278,271.61
14 $16,315.87 $9,756.10 $268,515.51
15 $15,718.46 $10,353.51 $258,162.00
16 $15,084.47 $10,987.50 $247,174.50
17 $14,411.66 $11,660.31 $235,514.19
18 $13,697.65 $12,374.32 $223,139.87
19 $12,939.92 $13,132.05 $210,007.82
20 $12,135.79 $13,936.18 $196,071.64
21 $11,282.42 $14,789.55 $181,282.09
22 $10,376.79 $15,695.18 $165,586.91
23 $9,415.71 $16,656.26 $148,930.65
24 $8,395.77 $17,676.19 $131,254.45
25 $7,313.39 $18,758.58 $112,495.87
26 $6,164.72 $19,907.25 $92,588.62
27 $4,945.72 $21,126.25 $71,462.37
28 $3,652.07 $22,419.90 $49,042.47
29 $2,279.20 $23,792.77 $25,249.70
30 $822.27 $25,249.70 $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 West Chicago, IL


1500 sqft3900 sqft
Ø selling price$457,783$973,830
Ø fast selling$416,167$876,447
Ø high price sale$499,400$1,071,213

In 2026, houses in Norwood Park West Chicago, IL will be offered at an average price of $254 per square foot. A 1,500 sqft home priced at $457,783 is 22.84% more expensive per square foot than a 3,900 sqft home priced at $973,830. Home prices in Norwood Park West 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 $674,190. Sellers who can wait longer may achieve a higher price of up to $824,010.


Norwood Park West, Chicago, IL: Neighborhood Guide

Overview

Norwood Park West is a quiet, residential neighborhood in Chicago, IL, known for tree-lined streets and classic bungalows.
Located on the city?s Far Northwest Side, it offers a suburban feel with city conveniences.

The area?s history dates to early settlement around the railroad, and many homes showcase vintage charm with modern updates.

Homes and Real Estate

Homebuyers find a diverse real estate mix of single-family houses, brick ranches, and well-kept two-flats, with larger lots than many Chicago neighborhoods.

Strong curb appeal and long-term residents contribute to a stable housing market and steady property values.

Parks, Schools, and Community

Green space is a highlight, with nearby Norwood Park and the forest preserves providing trails, playgrounds, and seasonal events.

Families praise reputable public and parochial schools, along with community centers that host youth sports and senior programs.

The neighborhood?s tight-knit community spirit shows in block parties, farmers markets, and volunteer-led beautification projects.

Transportation and Amenities

Commuters appreciate easy transportation via the Norwood Park Metra station, the Blue Line, and I-90/I-94, with O?Hare International Airport minutes away.

In Norwood Park West, local dining, coffee shops, and shopping along Northwest Highway and Harlem Avenue add convenience and a welcoming, small-town vibe within Chicago.



FAQ – Home Values in Norwood Park West Chicago

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

In 2026, the typical home value in Norwood Park West Chicago is about $364,020 for an average home size of 1426 square feet. This corresponds to an average price of roughly $254 per square foot.

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

In 2026, homes in Norwood Park West Chicago sell for an average of around $254 per square foot, with a typical range between $241.3 and $266.7 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Norwood Park West?

The average home size in Norwood Park West Chicago is about 1426 square feet, with an estimated 2026 value around $364,020.



Neighborhoods close to Norwood Park West 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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