Today we have the Rogers Park area of Chicago IL market report data. The report is data through November 14 2015. The report shows at 40.8% gain in new listings of all properties, 10.8% less closed sales of all properties and a gain of 6.1% inventory of all properties. Rogers Park is a very popular area of Chicago IL located right on Lake Michigan and is the most Northern neighborhood of Chicago, the end of Rogers Park at Howard Street is where Evanston begins.
Rogers Park is an ethnically diverse area, you can find people of almost any culture in this area. The dining is really excellent because all the nationalities have restaurants that are really excellent. You can get fantastic Thai, Indian, Italian or just about anything you can think of including a great sandwich or hamburger. Rogers Park is also the home of Loyola University and many students live in Rogers Park. In recent years the Loyola Campus has greatly expanded so the properties in Rogers Park have come in great demand. If you compare Rogers Park pricing to some of the other communities such as Evanston or other parts of Chicago, there is a great value in Rogers Park. The median sales price of a single family home is $559,500 and a condominium is $123,500. The community is located right on Lake Michigan so there is access to many wonderful beaches and parks. Boating and sunbathing is very popular in warm weather and you will see many folks out walking their dog.
The Rogers Park neighborhood has a very high rate of residents with Master’s, Professional, and Doctorate degrees compared to the state average and, the rate of residents that work for non-for-profit institutions is almost twice as high as the state average. If you want to learn more about Rogers Park give us a call at Coldwell Banker at (800) 858-7917 and we can answer any questions.