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City / Town Overview

Chicago, IL

Aggregate real estate market report across all ZIPs in scope
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Chicago, IL real estate market currently shows 5,843 active listings, with 2,721 pending sales. Homes are averaging 35.8 days on the market before going under contract.

Inventory has tightened compared to last year, with 784 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 35.8 days on market compared to 36.7 days last year.

The median listing price has risen 2.2% year-over-year, from $420,434 to $429,744.

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Market Context

Market Context

Population: 2,705,664  ·  Density: 6,411.9/mi²  ·  Median household income: $73,537

Typical home value: $335,653  ·  Homeownership: 47.1%

Included Areas

Chicago: 60607, 60610, 60611, 60612, 60616, 60617, 60619, 60620, 60621, 60622, 60623, 60624

Loop: 60602, 60604, 60606

New East Side: 60601

Jewelers Row: 60603

Near South Side: 60605

Heart of Chicago: 60608

New City: 60609

Uptown Square: 60613

Ranch Triangle: 60614

Hyde Park: 60615

Irving Park: 60618

Lincoln Square: 60625

Rogers Park: 60626

Roseland: 60628

Area Map

Market Overview

Active Listings
5,843
⇩ 11.8% vs 6,627 last year
Pending
2,721
47% pending ratio
Median Price
$429,744
⇧ 2.2% vs $420,434 last year
Average Price
$624,937
⇩ 0.3% vs $626,910 last year
Days on Market
35.8
⇩ 2.5% vs 37 days last year

Price Per Square Foot

Median $/sqft
$294
⇧ 1.1% vs $291/sqft last year
Median Home Size
1,478 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %