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City / Town Overview

Chicago, IL

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

Market Analysis

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

The Chicago, IL real estate market currently shows 6,168 active listings, with 2,997 pending sales. Homes are averaging 34.1 days on the market before going under contract.

Inventory has tightened compared to last year, with 1,043 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 34.1 days on market compared to 34.3 days last year.

The median listing price has risen 3.9% year-over-year, from $430,427 to $447,014.

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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: 60643, 60644, 60645, 60646, 60647, 60649, 60651, 60652, 60653, 60654, 60655, 60656

Loop: 60602, 60604, 60606

Near West Side: 60607, 60612

South Deering: 60617, 60633

New East Side: 60601

Jewelers Row: 60603

Near South Side: 60605

Heart of Chicago: 60608

New City: 60609

Near North Side: 60610

Streeterville: 60611

Uptown Square: 60613

Ranch Triangle: 60614

Hyde Park: 60615

Area Map

Market Overview

Active Listings
6,168
⇩ 14.5% vs 7,211 last year
Pending
2,997
49% pending ratio
Median Price
$447,014
⇧ 3.9% vs $430,427 last year
Average Price
$638,317
⇧ 1% vs $632,300 last year
Days on Market
34.1
⇩ 0.6% vs 34 days last year

Price Per Square Foot

Median $/sqft
$300
⇧ 2.2% vs $293/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 %