Housing Prices in Miracle Mile, IL

How much do homes in Miracle Mile, IL cost?

Median List Price

$124,000

$83/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$8,300(+7.2%)

Key Takeaway

The list price of homes in Miracle Mile has increased by 7.2% since last year.

Summary: The median home list price in Miracle Mile was $124,000 in April 2024, up 7.2% from the previous year, and the median price per square foot was $83.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $98.2K$157K
+59.8%
3 $118.5K$116.4K
-1.7%
4 $110K$110K
0.0%
5+ $155K$264.4K
+70.6%

Summary: Miracle Mile housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 59.8%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 70.6%.

Median List Price Compared To Nearby Neighborhoods

Alpine Ridge
+16.1%
Miracle Mile
+7.2%
North Highland Square
0.0%

Housing Supply in Miracle Mile, IL

How many homes are available in Miracle Mile, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
220.0%

Summary: The Miracle Mile real estate market had 2 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 00
0.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Miracle Mile housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Miracle Mile, IL

How long does it take to sell a home in Miracle Mile, IL?

Average Listing Age

Apr 2023Apr 2024CHANGE
42 Days23 Days-44.0%

Summary: Homes in Miracle Mile had an average listing age of 23 days in Apr 2024, down by 44% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Miracle Mile, IL

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