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The Chicago housing market is somewhat competitive. Homes in Chicago receive 3 offers on average and sell in around 58 days. The median sale price of a home in Chicago was $350K last month, up 7.0% since last year. The median sale price per square foot in Chicago is $250, up 6.4% since last year.
The average home value in Chicago, IL is $298,325, up 2.6% over the past year. Learn more about the Chicago housing market and real estate trends.
Track quarterly price trends for single family homes in 33 submarkets in the City of Chicago and suburban Cook County. House price trends are one of the most important indicators of a neighborhood’s economic health.
29 Ιουλ 2024 · Price Trends in the Chicago Housing Market. Despite the decline in sales, the median price of homes in the Chicago Metro Area has risen to $375,000, reflecting a 7.1% increase from $349,995 in June 2023. This upward price movement indicates that homes are retaining value, even amidst lower turnover.
There are 18,694 homes for sale, ranging from $10 to $19.5M. The median listing home price in Chicago, IL was $350K in October 2024, trending down -2.5% year-over-year. The median listing home...
10 Νοε 2022 · This section highlights updates to our sub-market level Cook County house price index, which tracks quarterly price trends for single family homes in 16 submarkets in the City of Chicago and 17 submarkets in suburban Cook County.
There are 9,852 homes for sale in Chicago, Cook County with a median price of $360,336, which is an increase of 6.1% since last year. See more real estate market trends for Chicago.
