Chicago Housing Market Overview

Use data to learn how you can succeed as a homebuyer or seller in Chicago. Talk to a top real estate agent to see what local trends are driving the housing market in Chicago, IL.

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Home price trends

The current median home price in Chicago is $0, up 0.0% from October 2020.

Days to close

Homes in Chicago are staying on the market for 0 days on average. That’s 0 days more than the average in October 2020. Find a top agent with a proven track record of selling homes faster than their peers or who can help you find your dream home, no matter how quickly their market moves.

Agent Insight

Check out HomeLight’s Quarterly Top Agent Insights report, a national survey of over 500 top real estate agents. Hear what agents are saying across the country and make smarter decisions when buying or selling a home.

What you can do with these insights

Ready to explore more options? Here’s what you can do next with your housing market report.

If you're a homebuyer

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If you're a home seller

  • Work with a top Chicago real estate agent to figure out the best selling strategy and start bidding wars on your home.
  • Visit our Seller Resource Center, backed by top agents, data analysis, and rigorous research.
  • For a simple, stress-free transaction, consider selling to pre-approved iBuyers ready to make offers on your home. Get cash offers with HomeLight Simple Sale, the fastest way to sell your home.
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Check out some of our other resources for Chicago homeowners

Find Top Agents
The best agents sell your home more quickly and for more money.
Sell your house in Chicago fast
Find out what cash buyers are willing to pay for your home right now.
Find out what your home is worth
Get a free estimated value of your home in less than 2 minutes.
When's the best time to sell your home in Chicago?
Use housing market data in Chicago to learn the best and worst months to sell your home.
How much commission do real estate agents make?
Use this calculator and real estate agent commissions data to find out.
Advice from America’s Top Agents
Get the latest real estate tips and learn how to sell your home faster and for more money.

Compare Chicago to nearby housing markets

Berwyn
  • Active agents1,828
  • Days on market68
  • Median sale price$229,900
Oak Park
  • Active agents2,009
  • Days on market75
  • Median sale price$340,000
Oak Lawn
  • Active agents2,624
  • Days on market66
  • Median sale price$185,000
Elmhurst
  • Active agents1,617
  • Days on market72
  • Median sale price$407,250
Skokie
  • Active agents2,761
  • Days on market72
  • Median sale price$305,000
Evanston
  • Active agents2,381
  • Days on market71
  • Median sale price$330,000

Explore housing markets similar to Chicago

Philadelphia
  • Active agents6,900
  • Days on market67
  • Median sale price$210,000
San Diego
  • Active agents17,019
  • Days on market52
  • Median sale price$610,000