Why Live in Ravenswood
Ravenswood, located in north Chicago, is a neighborhood known for its eclectic mix of classic Chicago housing, quiet lifestyles, and a creative small business community. The area features a variety of home styles, including brick two-flats from the early 1900s and contemporary colonials built in the 2010s, often with small front lawns and urban streetscapes. The neighborhood is safer than the national average, making it a practical choice for families. Ravenswood Elementary, a highly rated K-8 school, integrates well with the community, showcasing student projects. The neighborhood is rich in attractions, with microbreweries like Dovetail, Empirical, and Band of Bohemia lining Ravenswood Avenue, and dining options such as Spacca Napoli and Filipino cuisine reflecting its diverse culture. Annual events like the Ravenswood Art Walk and Ravenswood on Tap celebrate local creativity and craft beer. Parks such as Welles Park, Winnemac Park, and Ravenswood Manor Park offer playgrounds, sports facilities, and nature trails. Residents enjoy easy access to Montrose Beach and Cricket Hill, just a mile east. Commuting is convenient with a Metra station near Lawrence Avenue and proximity to Lake Shore Drive and Route 41. The neighborhood also features a farmers market on Damen Avenue from June through October and is close to Kindred Hospital.
Home Trends in Ravenswood, IL
On average, homes in Ravenswood, Chicago sell after 40 days on the market compared to the national average of 70 days. The median sale price for homes in Ravenswood, Chicago over the last 12 months is $450,000, down 17% from the median home sale price over the previous 12 months.
Median Sale Price
$450,000
Median Single Family Sale Price
$575,000
Median Townhouse Sale Price
$793,000
Median 2 Bedroom Sale Price
$1,140,000
Median 1 Bedroom Sale Price
$92,000
Average Price Per Sq Ft
$292
Number of Homes for Sale
10
Last 12 months Home Sales
104
Median List Price
$575,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-17%