Teton Properties Wrigleyville analysis 2.28.25

Wrigleyville, nestled on Chicago's North Side, is renowned for its vibrant atmosphere, iconic Wrigley Field, and a rich tapestry of dining and entertainment options. This comprehensive overview delves into the current real estate market trends, property value appreciation, educational institutions, and lifestyle facets that make Wrigleyville a sought-after locale for potential buyers.

Real Estate Market Trends and Price Appreciation

As of January 2025, Wrigleyville's real estate landscape showcases robust growth:

• Median Home Prices: The median listing price stands at $609,000, with homes typically selling for around $576,500.

• Annual Appreciation: Over the past year, home values have appreciated by 5.6%, bringing the average home value to $532,749.

• Market Dynamics: The area has experienced a 41.7% increase in property listings between December 2024 and January 2025, indicating a growing inventory. Properties spend an average of 28 days on the market, reflecting a brisk sales environment.

Educational Institutions

Wrigleyville offers access to reputable educational facilities:

• Nettelhorst Elementary School: A magnet school known for its Gifted & Talented program, Nettelhorst has received an average performance rating compared to other public and charter schools in Illinois.

• Public High Schools: The neighborhood is served by several public high schools, with rankings based on state test scores, college readiness, graduation rates, and teacher quality.

Lifestyle and Community

Wrigleyville's dynamic lifestyle is a significant draw for residents:

• Entertainment and Dining: The neighborhood boasts a plethora of bars, restaurants, and music venues, catering to diverse tastes and preferences.

• Community Engagement: Residents enjoy a strong sense of community, with numerous local events and gatherings fostering neighborhood camaraderie.

• Recreational Spaces: Proximity to parks and Lake Michigan offers ample opportunities for outdoor activities and relaxation.

Conclusion

Wrigleyville seamlessly blends urban excitement with community charm, making it an attractive destination for potential homeowners. The upward trajectory in property values, coupled with quality educational institutions and a vibrant lifestyle, underscores the neighborhood's appeal. Prospective buyers are encouraged to explore current listings and engage with local real estate professionals to find a property that aligns with their preferences and investment goals.