Is now a good time to sell in Lakeview, Chicago? The 2026 MLS numbers give many sellers a good reason to consider it. From January through September, 1,205 condos and townhomes sold in Lakeview. The median time to go under contract was 8 days, and the typical one sold for 101.2% of its list price. More than half sold over asking. But those results do not mean every Lakeview home will sell quickly or above its asking price.
When a Lakeview homeowner asks me whether to sell now or wait, I start with the home itself. A condo with high monthly assessments does not compete in exactly the same way as a three-bedroom condo near Southport or a single-family house. Your price range, your competition, HOA fees and how you prepare and market the home all matter. Here is what my MLS research shows, and how I would use it to advise a seller.
Lakeview was a competitive market in the first nine months of 2026, especially for certain types of condos. I reviewed closed sales from January 1 through September 30, 2026, in the MRED community area labeled Lake View. Here is how the main property types compare:
Type of home | Sales | Median price | Sold over asking |
|---|---|---|---|
Condos and townhomes | 1,205 | $507,000 | 57% |
Houses | 102 | $1,905,605 | 46% |
2 to 4 unit buildings | 50 | $1,359,000 | 54% |
Source: MLS (MRED), closed sales January 1 to September 30, 2026. At the time of research, deemed reliable but not guaranteed.
The median time to go under contract was 8 days for condos and 9 days for houses. That is a strong sign of buyer activity, but it is not a promise that your home will sell in a week. The price, condition, location, and competing listings still shape the result.
Condos that sold between $400,000 and $800,000 had some of the strongest results in my MLS review. This is where most of Lakeview's buyers are, and there are not enough homes for them. In September 2026, Lakeview had 152 homes for sale, compared with 719 in September 2019, according to Chicago REALTORS. To see the difference, compare that price range with condos selling below $400,000 and above $800,000:
Condo sold price | Sales | Sold over asking | Typical days on market |
|---|---|---|---|
Under $400,000 | 473 | 40% | 12 |
$400,000 to $800,000 | 456 | 69% | 7 |
$800,000 and up | 276 | 66% | 7 |
In the $400,000 to $800,000 sold-price range, 69% of condos sold over asking, and the typical condo sold for 104.2% of its list price. To put that percentage in perspective, 104.2% of a $600,000 asking price would be about $25,000 over asking. Across the condo sales I reviewed, 64% of two-bedroom condos and 63% of three-bedroom condos sold over asking.
Vintage condos also performed well. In buildings built before 1940, the typical condo sold for 103.8% of its list price, and 66% of condos sold over asking. That is worth knowing if you own an older Lakeview condo and are wondering how buyers will respond.
Not every Lakeview home moved quickly. From January through September, 145 condos and 22 houses spent 60 days or more on the market. Among condos that sold for under $400,000, 39.7% sold below list price. That is a reminder not to assume a competitive neighborhood market guarantees an over-asking offer.
When I examined the condos that spent at least 60 days on the market, monthly assessments stood out. Among those slower sales, 54% had HOA dues of $700 or more per month, compared with 27% of condos that sold faster. Also, 61% of the slower-selling condos closed for under $400,000. These numbers do not prove that assessments caused the longer marketing time, but they tell me to examine the total monthly cost carefully when advising a seller. I explain why assessments matter in my guide to Chicago condo HOA fees.
New construction tells a different story. New condos sold for a median of $1,362,500, but only 20% sold over asking, and the typical time on market was 17 to 18 days. I would not use the resale condo numbers alone to set expectations for a new construction listing.
Building type makes a big difference in Lakeview. High-rise condos took longer to sell than condos in smaller buildings, and fewer of them sold over asking:
Type of building | Sales | Median price | Sold over asking | Sat 60+ days |
|---|---|---|---|---|
High-rise (7+ stories) | 230 | $275,000 | 38% | 21% |
Mid-rise (4 to 6 stories) | 53 | $607,500 | 70% | 2% |
Walk-ups, low-rises and townhomes | 922 | $575,000 | 62% | 10% |
High-rise condos also had higher monthly assessments. The median was $870 a month, compared with $396 for the walk-ups, low-rises and townhomes. If you own a high-rise condo in Lakeview, I would plan for a longer sale and price it carefully from day one. Pricing it right from the start matters more in a high-rise, because buyers can compare several similar units in the same building.
These counts include only condos listed in the MLS as high-rise or mid-rise.
If your home fits one of these slower-moving groups, that does not mean you should wait to sell. It means we need to look closely at the competing listings, monthly carrying costs, presentation, and asking price before launching. I cover those decisions in my post on why a Chicago home is not selling.
When I advise you on an asking price, I look at comparable homes, current competition, and the features buyers are likely to value. Then we discuss the options and you decide on the list price. My guide to how to price your Chicago home to sell explains that process.
Your plans matter more than choosing a season based on a headline. In the colder months, sellers may face less competition from other listings, but the buyer pool may also be smaller. Spring can bring more activity and more competing homes. The January through September MLS figures above do not, by themselves, tell us which season will produce the best result for your particular property.
If you also need to buy another home, the timing of both transactions becomes part of the plan. My guides to selling in winter or spring and buying and selling at the same time explain the choices. I will advise you on the tradeoffs, but the decision to sell and when to list is always yours.
A strong market gives you an opportunity, but it does not replace a thoughtful selling plan. I help you compare pricing options, prepare the home, and make sure buyers can see what makes it worth considering. Here is what I focus on with my Lakeview sellers:
My goal is to help you make good decisions before the listing goes live, not react to problems afterward. For a more detailed preparation guide, read how to get top dollar for your Chicago home.
I have worked in Chicago real estate for more than 24 years, and I know that even two homes in the same neighborhood can require different selling strategies. If you want to explore Lakeview in more detail, visit my Lakeview neighborhood page and 60657 market report.
Very competitive. From January through September 2026, 57% of Lakeview condos and townhomes and 46% of houses sold over their list price, and the median time to go under contract was 8 days for condos and 9 days for houses, based on the MLS.
From January through September 2026, the median time to go under contract was 8 days for condos and 9 days for houses. Condos that sold under $400,000 had a median of 12 days, while 145 condos spent 60 days or more on the market.
From January through September 2026, the median Lakeview condo or townhome sold for $507,000 and the median house for $1,905,605. Prices vary a lot by building and block, so always compare homes like yours.
Many are. Among condos that sold for $400,000 to $800,000, 69% sold over asking, and the typical one sold for 104.2% of its list price.
It depends on your plans. Colder months can mean less listing competition but also a smaller pool of buyers. Spring can bring more activity as well as more competing listings. I would compare your options with the current market before you decide.
I start with recent sales of similar homes in your building or immediate area, then review the competing listings. You can request a free home value review and I will pull them for you.
If you are thinking about selling your Lakeview home, I can review recent comparable sales, the listings you would compete with, and the details that could affect your price, including condition and monthly assessments when relevant. I will explain what I think buyers would pay, walk you through your options, and help you decide whether now is the right time.
Start with a free home value review or schedule a complimentary consultation. You can also take my free Chicago Home Seller Course, or call or text me at 773.719.0989.
I am Dee Savic, a Chicago Realtor® with Baird & Warner. I have more than 24 years of real estate experience, have lived in Chicago for more than 27 years, and have closed more than 300 transactions. I help buyers, sellers, downsizers, and relocation clients in Lakeview and across Chicago, including Lincoln Park, Lincoln Square, Ravenswood, North Center, Roscoe Village, Andersonville, Uptown, Bucktown, Wicker Park, and the Gold Coast.
Dee Savic
Realtor® | Baird & Warner
4553 N. Lincoln Ave, Chicago, IL 60625
773.719.0989
[email protected]
deesavic.com
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