Chicago, IL

Leaning buyer's+6.9% YoY

Housing market overview · Updated weekly

$390,000median sale price

Homes sold

1,406

Last 12 weeks

Days on market

69

Average pace

Active listings

5,707

4.1 months supply

Sale-to-list

99.2%

Below asking

The Chicago housing market is currently classified as a leaning buyer's with a median sale price of $390,000. Prices have risen 6.9% compared to last year, with homes spending an average of 69 days on market, indicating 4.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Chicago

There are currently 5,707 homes listed for sale in Chicago, Illinois. The median listing price is $400K. Featured listings range from $168,000 to $1,350,000.

3 bedroom house for sale at 8104 S Euclid Ave Chicago - $168,000
$168,000

8104 S Euclid Ave

Chicago, IL

3 bd2 ba
House
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4 bedroom house for sale at 10230 S Parnell Ave Chicago - $181,000
$181,000

10230 S Parnell Ave

Chicago, IL

4 bd2 ba1,714 sqft
House
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2 bedroom condo for sale at 6301 N Sheridan Rd Apt 6O Chicago - $205,000
$205,000

6301 N Sheridan Rd Apt 6O

Chicago, IL

2 bd2 ba1,250 sqft
Condo
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3 bedroom house for sale at 9713 S Ellis Ave Chicago - $289,900
$289,900

9713 S Ellis Ave

Chicago, IL

3 bd2 ba2,200 sqft
House
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1 bedroom condo for sale at 609 W Melrose St Apt 2 Chicago - $299,000
$299,000

609 W Melrose St Apt 2

Chicago, IL

1 bd1 ba
Condo
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2 bedroom condo for sale at 1000 N Lake Shore Dr Unit 2009 Chicago - $499,000
$499,000

1000 N Lake Shore Dr Unit 2009

Chicago, IL

2 bd2 ba
Condo
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3 bedroom house for sale at Address unavailable Chicago - $525,000
$525,000

Address unavailable

Chicago, IL

3 bd3 ba
House2,452 sqft lot
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2 bedroom condo for sale at 1040 W Adams St Unit 346 Chicago - $549,000
$549,000

1040 W Adams St Unit 346

Chicago, IL

2 bd2 ba1,090 sqft
Condo
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6 bedroom multi-family for sale at 5700 W Melrose St Chicago - $599,900
$599,900

5700 W Melrose St

Chicago, IL

6 bd3 ba
Multi-family
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4 bedroom house for sale at 4505 S Drake Ave Chicago - $657,000
$657,000

4505 S Drake Ave

Chicago, IL

4 bd4 ba3,180 sqft
House
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4 bedroom house for sale at 911 W Diversey Pkwy Chicago - $949,000
$949,000

911 W Diversey Pkwy

Chicago, IL

4 bd3 ba2,142 sqft
House
More about this property
3 bedroom condo for sale at 155 N Harbor-3314 Dr Unit 3301-3302 Chicago - $1,350,000
$1,350,000

155 N Harbor-3314 Dr Unit 3301-3302

Chicago, IL

3 bd4 ba2,743 sqft
Condo
More about this property

Looking to buy in Chicago?

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Active listings

5,707

Homes on market

Median list price

$400K

Avg. days on market

69

Days until sale

New this week

2,467

Newly listed

Price drops:12.1%of listings
Sale-to-list:99.2%

Explore nearby cities in IL

Frequently asked questions

What is the average home price in Chicago?

The median home sale price in Chicago is $390,000, up 6.9% from last year.

How long do homes stay on market in Chicago?

Homes typically spend 69 days on market before going under contract.

Is Chicago a buyer's or seller's market?

With 4.1 months of supply, Chicago is currently a leaning buyer's.

How many homes are for sale in Chicago?

There are currently 5707 homes listed for sale in Chicago, IL.

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