RealTrends Market Report

Chicago, IL

Single-Family Homes

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Chicago, IL

Mon Feb 02 2026
This week the median list price for Chicago, IL is $299,900 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has decreased to 1,229. Click here to stay informed with the Chicago market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Chicago, IL

Mon Feb 02 2026
This week the median list price for Chicago, IL is $299,900 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has decreased to 1,229. Click here to stay informed with the Chicago market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Real-Time Market Profile

Never miss important changes in the Chicago market.
Median List Price $299,900
Median Price of New Listings $339,900
Per Square Foot $192
Average Days on Market 116
Median Days on Market 77
Price Decreased 25%
Price Increased 1%
Relisted 26%
Inventory 1,229
Median Rent
Market Action 37
Slight Seller's Advantage

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$699,000 2,883 - 4 3.5 78 28 49 77
$350,000 1,646 - 4 2 99 25 45 70
$260,000 1,385 - 4 2 99 21 34 84
$144,999 1,200 - 3 1.5 109 17 36 84