What is a submarket?

A regional study identified communities with similar characteristics and revealed eight distinct housing submarkets across the region that share common issues regardless of physical proximity.

Housing stock and affordability

Housing market activity

Resident demographics

Socioeconomic indicators

More about the study and methodology »

Submarkets

Submarket 1

Higher density urban, high foreclosure and vacancy, low income
Issues
Communities
- Englewood
- Washington Park
- Phoenix
- Harvey
- +56 more
Submarket 2

Higher density urban and suburban, large households, high foreclosure/moderate vacancy, low/moderate income
Issues
Communities
Submarket 3

Higher density urban, high income, young, high home prices and rents
Issues
- Community resistance
- Very strong market
Communities
Submarket 4

Suburban post-war housing stock, moderate- and middle-income, lower cost stock
Issues
Communities
Submarket 5

Suburban 1960-79 housing stock, moderate but declining incomes, lower cost stock
Issues
Communities
Submarket 6

High cost suburban housing stock, low density, high income, aging
Issues
Communities
Submarket 7

High population growth, newest housing stock
Issues
Communities
Submarket 8

Suburban 1980-99 housing stock, high/middle income, suburban, aging
Issues
Communities

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