What does it cost to buy a home in Hyde Park right now?

The median Hyde Park home sold for $705,000 over the 12 months ending September 2026, across 59 residential sales in the ACTRIS MLS. That is up 6.7% from $661,000 the year before. The median home for sale today is listed at $214,450. Because Hyde Park mixes small condos with older houses, the right number for a specific home comes from recent sales of the same type nearby, not the neighborhood median.

Over the last 12 months, Hyde Park single-family houses sold for a median of $833,000 across 44 sales, while condos sold for a median of $204,495 across 14 sales. There was one townhome sale. That gap is why the neighborhood median of $705,000 is a poor guide for any one budget. Filter the live search by property type first, then compare against recent sales of that same type.

Hyde Park is in a seller's market, with about 2.4 months of supply as of September 2026. 42% of homes that sold had cut their price, and the typical home closed at 95.6% of its original list price. Supply is tight, and only 2 of the 12 residential listings right now are houses, so house buyers should expect competition for well-priced homes. Negotiating room depends on how the specific home was priced, not on the neighborhood as a whole.

Measured the same way over the same 12 months, Hyde Park houses sold for a median of $833,000, compared with $599,900 in Cherrywood and $662,500 in Brentwood. The all-types medians are closer: $705,000 in Hyde Park, $599,900 in Cherrywood and $664,000 in Brentwood, because Hyde Park's condo sales pull its blended number down. Compare the same home type and size, and ask us for a side-by-side on the specific homes you are weighing.

Start with a saved search inside the Hyde Park boundary so new listings reach you the day they list: there are only 12 residential listings right now, and the median home goes under contract in 32 days. About 7 in 10 of the houses that sold were built before 1960, so budget for foundation, sewer line, electrical and tree inspections. Much of Hyde Park is inside local historic districts, which can limit exterior changes, so check the rules before planning a remodel.

Launching above the recent sales. Over the last year, 42% of Hyde Park homes that sold had cut their price, and the typical home closed at 95.6% of its original list price. The homes that sold fastest launched in line with comparable sales nearby, of the same type and size. With so few houses on the market, sellers can be tempted to reach, but 42% of sold homes still needed a cut. A home that sits and cuts usually ends up below the price a well-set launch would have brought.

Less than you might expect. Of the 44 Hyde Park houses that sold over the last 12 months, the 32 built before 1960 had a median of $833,000, and the 7 built in 2010 or later had a median of $875,000. With only 7 newer sales, one or two large homes can move that number, so treat it as a rough read. Size, lot and condition explain more of the spread here than the year built.

The median Hyde Park home took 32 days to go under contract over the last 12 months, counted on cumulative days on market so relisted homes are not reset. That is faster than the year before, when the median was 43 days. Add roughly 30 to 45 days from contract to closing. A home priced in line with recent sales on launch day usually beats the median; one that needs a price cut usually takes several months longer.

All 59 Hyde Park sales over the last year were in the 78751 ZIP code. That ZIP also covers neighboring areas such as North Loop, so ZIP-level statistics blend different housing. The figures on this page are calculated only from sales inside the Hyde Park neighborhood boundary, so they describe Hyde Park itself: a median of $705,000 across 59 sales, with houses at $833,000 and condos at $204,495.

Request a home value from us and we will price it against the Hyde Park sales that actually match it: same home type, similar size, age and condition, and nearby streets, from the last 12 months of ACTRIS MLS closings. For context, the neighborhood median was $705,000 across 59 sales, and the typical home closed at 95.6% of its original list price. An online estimate cannot see the age, condition or remodel history of an older Hyde Park house, which drive most of the spread here.