Fernwood, Chicago, IL
Fernwood — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Fernwood, Chicago, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Fernwood Neighborhood Overview
Fernwood is a residential neighborhood located on the far south side of Chicago, Illinois. It offers a quiet, community-focused atmosphere distinct from the city's bustling downtown. The area is characterized by its tree-lined streets and a mix of historic and well-maintained single-family homes.
Lifestyle & Amenities
Residents enjoy a suburban-like feel within the city limits, with local parks and community centers serving as neighborhood hubs. The commercial corridors provide essential shopping and dining options for daily needs. The neighborhood fosters a strong sense of community through local events and block clubs.
Real Estate Market
The real estate market in Fernwood features primarily single-family homes, with a Census median home value of $556,900. Current market data indicates an asking price per square foot of approximately $114.21. This positions the neighborhood as an affordable option for homeownership within Chicago.
Schools & Education
Fernwood is served by Chicago Public Schools, offering local elementary and high school options to families. The neighborhood is home to several public schools that serve the community. Parents are encouraged to research specific school ratings and programs to find the best fit.
Transportation & Connectivity
The neighborhood is accessible via major south side arteries like Halsted Street and the Dan Ryan Expressway (I-94). Public transportation is provided by CTA bus routes connecting residents to the wider city. For longer commutes, the Metra Electric District's 111th Street station is located nearby.
Why Choose Fernwood
Fernwood is an ideal choice for those seeking affordable homeownership, community spirit, and a quieter pace of life within Chicago. With a median household income of $121,294, the area represents a stable, middle-class community. It offers the benefits of city living with a distinctly residential character.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Fernwood Market Data
| Metric | Value |
|---|---|
| Median Home Price | $557K |
| Median Gross Rent | $3K/mo |
| Median Household Income | $121K |
| Homeownership Rate | 30.5% |
| Renter-Occupied | 69.5% |
| Rental Vacancy Rate | 7.2% |
| Market Type | Buyer's |
| Market Tier | Luxury |
| Primary ZIP Code | 60601 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Fernwood, Chicago
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Fernwood, Chicago, IL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12