What are home prices in Ravenswood Chicago in 2026? Single-family homes have been closing between $1,030,000 and $1,635,000 in the last 90 days. The best-priced home in that range - a 3-bedroom on Eastwood Avenue - listed at $900,000 and sold for $1,215,000 in 6 days. One-bedroom condos are averaging $253,800. Two-bedroom condos are averaging $460,053 across 15 closed sales - at 111% of list price. Three-bedroom condos are averaging $684,500. Inventory is tight across every property type and buyers are competing hard.
All data is from MRED MLS closed sales and active under contract listings as of May 2026.
These numbers come directly from the MLS - not Zillow estimates, not projections. This is what buyers and sellers in Ravenswood are actually agreeing to right now. For neighborhood context see my complete Ravenswood neighborhood guide. For how Ravenswood compares to Lincoln Square see Lincoln Square vs. Ravenswood.
Four single-family homes have closed in Ravenswood and the immediately surrounding area in the last 90 days. Here is what each one tells us about the market:
2149 W Eastwood Avenue - 3 bed, 2 bath, 2,054 sqft, built 1899. Listed at $900,000. Sold for $1,215,000 - 135% of list price. Days on market: 6. A well-located home priced competitively generated multiple offers and sold $315,000 above its list price. This is what happens in Ravenswood when a seller prices correctly and buyers compete.
2135 W Leland Avenue - 3 bed, 2 bath, 1,744 sqft, built 1890. Originally listed at $1,175,000, reduced to $1,099,000, sold for $1,030,000 - 87.66% of original list price. Days on market: 83. Same neighborhood, same bedroom count as Eastwood, opposite outcome. Overpriced, two reductions, sold below first asking price.
1627 W Carmen Avenue - 3 bed, 3.1 bath, 4,007 sqft, built 2015. Listed and sold at $1,635,000 - 100% of list price. Days on market: 31. Luxury new construction at $408 per square foot. Upper end of what Ravenswood's single-family market supports.
2128 W Eastwood Avenue - Sold for $500,000. Days on market: 29. Land value sale - excluded from price analysis.
Currently under contract: 4542 N Ashland Ave - $1,099,900, 13 DOM. 2159 W Wilson Ave - $925,000, 6 DOM.
Excluding the teardown at 2128 W Eastwood, the story here is pretty clear. Homes priced correctly for their condition are going under contract in 6 to 13 days. The Eastwood Avenue sale - $900,000 list to $1,215,000 close - is not a fluke. It is what happens when a seller enters the market at a competitive price and lets buyer demand do the work.
The Leland Avenue sale is the other side of that coin. A home overpriced by roughly $75,000 relative to where the market wanted to land required two reductions and 83 days before finding a buyer - at a final price below the first reduction. Same neighborhood, same bedroom count, completely different experience. The market is not mean about this - it is just honest.
For sellers: the gap between these two outcomes is pricing strategy, not luck. See my post on why sellers are winning on Chicago's North Side in 2026.
For buyers: well-priced single-family homes in Ravenswood are receiving multiple offers and closing well above list price. If you are searching in this range, you need an offer strategy before you start touring - not after you fall in love with something. See my complete Chicago buyer's guide and search current Ravenswood homes for sale here.
Average sold price: $253,800
Price range: $150,000 to $340,000
Average sale-to-list ratio: 103.57 percent
Average days on market: 6
Seven additional 1-bedroom condos are currently active under contract, with an average price of $290,557 and an average of 7 days on market before going under contract. The mid-range 1-bedroom condo buyer in Ravenswood is looking at $210,000 to $319,000 depending on size, condition, and location.
Average sold price: $460,053
Price range: $320,000 to $855,000
Average price per square foot: $408
Average sale-to-list ratio: 111.44 percent
Average days on market: 9
The 111.44 percent sale-to-list ratio on two-bedroom condos is the most significant number in this entire dataset. Buyers are paying an average of 11 percent above asking to secure a two-bedroom condo in Ravenswood right now. That is not a rounding error - on a $400,000 list price, that is a $444,000 closing price. If you own a two-bedroom condo in Ravenswood and you have been sitting on the fence about selling, the data is telling you something.
Currently under contract: three 2-bedroom condos with an average list price of $390,754, going under contract in an average of 12 days.
Average sold price: $684,500
Price range: $428,000 to $860,000
Average price per square foot: $381
Average days on market: 7
Recent closed sales: 4400 N Paulina St Unit 3A - $650,000 ($355/sqft); 4743 N Clark St Unit 4S - $658,000 ($411/sqft); 1713 W Leland Ave Unit 2 - $685,000. Three under contract ranging from $465,000 to $749,900, averaging about 10 days on market.
Across every property type in Ravenswood: low inventory, strong buyer demand, homes going under contract quickly when priced correctly. The two-bedroom condo sale-to-list ratio of 111.44 percent is the headline number - buyers are paying significantly over asking to secure homes. The condo market across all bedroom counts is moving in an average of 6 to 9 days with sale-to-list ratios above 100 percent. That is a seller's market by any definition.
For the Lincoln Square comparison see my Lincoln Square home prices 2026 post.
Ravenswood and Lincoln Square are geographically intertwined - Lincoln Square's official named neighborhood is anchored by Lincoln Avenue, while Ravenswood refers to the broader surrounding area. Price points across both areas are similar, with Lincoln Square single-family homes averaging around $1,005,000 year-to-date and condos averaging 7.6% above asking price.
Ravenswood's single-family data - with its headline 135% sale-to-list result and sub-10-day under contract times on competitively priced homes - suggests demand in this specific area is running as strong as anywhere on Chicago's North Side right now.
Single-family homes: $1,030,000 to $1,635,000, average around $1,293,333 excluding the teardown. 1-bed condos avg $253,800. 2-bed condos avg $460,053. 3-bed condos avg $684,500.
Yes, across every property type. 2149 W Eastwood sold at 135 percent of list in 6 days. 2-bed condos averaging 111.44% of list. 1-bed condos averaging 103.57%.
Correctly priced homes are going under contract in 6 to 13 days. Overpriced homes take 83 or more days and require reductions.
Yes, Ravenswood is a strong investment in 2026. Strong appreciation, deep demand, significant sale-to-list premiums across every category. See Ravenswood neighborhood guide.
Lincoln Square is the official named neighborhood anchored by the Lincoln Avenue commercial corridor. Ravenswood is the broader surrounding residential area. Both command similar price points and buyer demand. See Lincoln Square vs. Ravenswood.
Buyers: search current Ravenswood homes for sale here or start with my free Chicago Buyer's Course.
Sellers: start with a free home value review.
Or schedule a complimentary and confidential consultation here.
Data source: MRED MLS. All data reflects closed sales and active under contract listings as of May 13, 2026. Deemed reliable but not guaranteed. Broker price opinion, not an appraisal.
Dee Savic
Realtor® | Baird & Warner
4553 N. Lincoln Ave, Chicago, IL 60625
773.719.0989
[email protected]
deesavic.com
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