Chicago Neighborhoods > Rogers Park Housing Market

Rogers Park looks like another Chicago neighborhood where condo inventory levels got pretty ugly in the fall and winter of 2008/2009 - surpassing a 4 year supply. However, as we entered the spring selling season in 2009 home inventories dropped quite a bit and continued to improve through April of 2010, when they reached the best levels of 4 years. However, as in other Chicago neighborhoods, the situation deteriorated again in May and June of 2010 but have actually recovered quite a bit since. October inventory levels are actually at an all time low for this time of the year, with only a 9 month supply of homes on hand.

The market times in Rogers Park have actually been fairly steady between 140 and 180 days. The last 12 months appear to be slightly elevated.

Note that the MLS has changed their methodology for reporting market times, affecting all data after October 2007.