If you're a homeowner in Logan Square or Bucktown—or you’re thinking about buying or selling—you probably want to know how this year compares to the past few.
We dug into the latest MRED MLS data, comparing the first half of 2025 (Q1 + Q2) to the same time periods in 2022 through 2024. Here's what we found.
This analysis reflects the full Census-defined Logan Square area, which includes Logan Square proper and parts of Bucktown.
🧮 2025 vs. Past 3-Year Average: Key Stats
| Metric | 2022–2024 Avg (Q1+Q2) | 2025 YTD | % Change |
|---|---|---|---|
| New Listings | 316 | 246 | -22% |
| Closed Sales | 152 | 140 | -8% |
| Average Sales Price | $678,390 | $730,940 | +7.7% |
| List-to-Close Price Ratio | 98.34% | 99.73% | +1.4 pts |
| Average Market Time | 71 days | 51 days | -20 days |
🔍 What These Numbers Tell Us
🏘️ Fewer Homes Hitting the Market
New listings are down 22% compared to the same time period in the previous three years. This reflects what we’re seeing citywide—a lower-than-usual supply of homes for sale in 2025.
✅ Demand Still Strong
Even with fewer homes listed, buyers remain active. Closed sales are only down 8%, indicating strong demand relative to inventory.
💰 Prices Are Climbing
The average sales price in Logan Square jumped from $678K to $731K, a nearly 8% increase. This kind of price growth signals a competitive market, especially for updated homes or properties with outdoor space and parking.
📈 Sellers Are Getting Very Close to (or Over) Asking
List-to-close ratios are up nearly 1.5 points, now averaging 99.73%. That means Logan Square homes are selling almost exactly at asking price—and in some cases, higher.
⏱️ Homes Are Selling Faster
Average market time fell by nearly three weeks, from 71 days to just 51 days on market. For well-prepared listings, showings are brisk and offers are coming in quickly.
📍 What to Expect for the Second Half of 2025
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Low inventory will continue to shape the market. With fewer new listings, competition for quality homes will remain high.
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Sellers are well-positioned. If your home is priced right, you can expect strong interest—and possibly multiple offers.
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Buyers need to be prepared. Pre-approval, flexibility, and working with a proactive agent are key to navigating this market successfully.
🏡 Camille Canales: Your Logan Square Real Estate Expert
Camille Canales is not just a top-producing Realtor®—she’s also a Logan Square resident who knows this community block by block. Backed by her team at Camille Canales Group, she brings strategic pricing, expert marketing, and a hyperlocal edge to every transaction.
Whether you're buying your first condo, selling a two-flat, or upgrading to a single-family home, we can help you make the most of today's market.
📞 Ready to Take the Next Step?
If you're thinking about buying or selling in Logan Square or Bucktown, now is the time to act.
Contact Camille Canales Group at:
📧 [email protected]
📞 773-377-9200
