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Metro housing market

Chicago, IL housing market

The latest Chicago, IL home prices, inventory, and days on market. The typical home here is 20.4% higher than the Illinois state average and 4.4% lower than the U.S. typical value.

Data as of May 2026.

Latest market snapshot

Home value

$354K

May 2026

Days on market

8 days

May 2026

Inventory

21,664

May 2026

What the numbers say

  • ·Typical home value (ZHVI) is $353,998 — +0.2% month over month, +4.4% year over year.
  • ·Median days on market is 8 days — -11.1% month over month, 0.0% year over year.
  • ·Homes for sale is 21,664 — +9.7% month over month, -0.6% year over year.

13-month trends

Typical home value (ZHVI)May 2025May 2026
Chicago, IL Typical home value (ZHVI) — trailing 13 months$354K
Not enough data to chart median sale price yet.
Median days on marketMay 2025May 2026
Chicago, IL Median days on market — trailing 13 months8 days
Homes for saleMay 2025May 2026
Chicago, IL Homes for sale — trailing 13 months21,664

Other metros in Illinois

Sources & methodology

Every figure on this page is drawn from authoritative public housing and mortgage data, refreshed monthly. Home values shown as ZHVI are a smoothed typical-value index, not raw sale prices. We cite openly so you can verify.