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Logan Square Home Prices Surge Back to 2021 Boom Levels in July

Median values and transaction counts now mirror the sharp gains recorded during the low-rate surge five years ago.

By Logan Square Property Desk · Published July 8, 2026

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This article was written by AI from the linked sources and was not reviewed by a journalist before publishing. Chicago Weather News is part of The Daily Network and follows our reasonable editorial care.

Median sale prices for Logan Square single-family homes hit $692,000 in June 2026, matching the month-over-month climb rate last seen in the 2021 peak when the same figure stood at $521,000.

Buyers and sellers are watching inventory tighten while mortgage rates hover near 6.1 percent, conditions that echo the compressed search windows and multiple-offer battles of mid-2021. Local agents report contracts closing in nine days on average, a pace that revives memories of pandemic-era bidding wars without the same federal stimulus backdrop.

Activity centers on the stretch of Kedzie Avenue between Palmer Square and the 606 trail entrance, where three renovated two-flats sold above list in the past month. The Logan Square Neighborhood Association’s housing committee has tracked 37 listings move off market since Memorial Day, many drawing interest from buyers relocating from the West Loop and Ukrainian Village.

Direct Parallels to 2021 Metrics

Chicago Association of Realtors data show 118 closed sales in Logan Square for the second quarter of 2026, up 14 percent from the same period in 2021. Average price per square foot reached $318, just $7 below the inflation-adjusted 2021 high. Days on market averaged 11, identical to the figure recorded in June 2021 before rates began their first climb.

Properties near the Milwaukee Avenue Blue Line stop continue to command the steepest premiums, with three-bedroom units routinely clearing $750,000. That corridor saw 22 percent fewer listings this June compared with 2021, yet contract volume rose because sellers priced closer to recent comps from the 2800 block of North Albany Avenue.

Inventory and Next Steps for Buyers

Current active listings stand at 64, down from 81 in June 2021, according to the Midwest Real Estate Data feed. Cash offers represent 28 percent of accepted contracts, a share last matched in the third quarter of 2021. Prospective buyers are advised to obtain pre-approval letters from lenders familiar with the Logan Square zip codes 60647 and 60639 before touring, and to review recent appraisals filed with the Cook County Assessor’s office for the 2300 block of North Sawyer Avenue.

Those steps can shorten the window between offer and closing to match the speed that defined the 2021 cycle.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.

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