Chicago, IL Home Values & Market Trends
Real estate market trends reflect that there have been 32,895 transactions over the past year in Chicago. The median value for residential home transactions that occurred over the previous year is $322,506. The number of current listings in Chicago is 13,258, and the percentage of properties for sale in the city is 13258.00%. Chicago, IL currently has 3,709 properties in foreclosure, 433 bank owned properties, 499 properties headed for auction, and 13,258 properties for sale.
Chicago, IL Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 60628 | $ 153,172 $ 134/sqft | 60615 | $ 299,900 $ 212/sqft |
| 60617 | $ 186,771 $ 151/sqft | 60609 | $ 272,625 $ 226/sqft |
| 60620 | $ 211,696 $ 159/sqft | 60610 | $ 585,532 $ 418/sqft |
| 60619 | $ 192,764 $ 152/sqft | 60654 | $ 449,005 $ 389/sqft |
| 60634 | $ 421,248 $ 331/sqft | 60640 | $ 432,442 $ 368/sqft |
| 60643 | $ 221,487 $ 181/sqft | 60660 | $ 308,950 $ 282/sqft |
| 60629 | $ 280,155 $ 240/sqft | 60622 | $ 703,876 $ 399/sqft |
| 60638 | $ 353,189 $ 310/sqft | 60616 | $ 390,000 $ 319/sqft |
| 60652 | $ 292,229 $ 257/sqft | 60621 | $ 139,508 $ 110/sqft |
| 60636 | $ 175,501 $ 150/sqft | 60608 | $ 399,025 $ 329/sqft |
| 60641 | $ 453,881 $ 333/sqft | 60601 | $ 576,162 $ 394/sqft |
| 60630 | $ 464,900 $ 357/sqft | 60626 | $ 275,964 $ 234/sqft |
| 60611 | $ 427,851 $ 372/sqft | 60644 | $ 285,037 $ 193/sqft |
| 60614 | $ 1,037,267 $ 560/sqft | 60653 | $ 362,857 $ 201/sqft |
| 60618 | $ 749,809 $ 472/sqft | 60642 | $ 675,000 $ 388/sqft |
| 60631 | $ 511,879 $ 358/sqft | 60633 | $ 208,558 $ 190/sqft |
| 60647 | $ 713,366 $ 485/sqft | 60659 | $ 474,311 $ 311/sqft |
| 60657 | $ 662,322 $ 449/sqft | 60612 | $ 411,554 $ 245/sqft |
| 60646 | $ 561,493 $ 385/sqft | 60623 | $ 225,698 $ 192/sqft |
| 60613 | $ 412,258 $ 407/sqft | 60624 | $ 211,670 $ 159/sqft |
| 60632 | $ 320,637 $ 288/sqft | 60661 | $ 397,000 $ 375/sqft |
| 60649 | $ 180,000 $ 131/sqft | 60603 | $ 277,754 $ 306/sqft |
| 60625 | $ 498,118 $ 365/sqft | 60602 | $ 339,815 $ 362/sqft |
| 60655 | $ 352,558 $ 290/sqft | 60606 | $ 358,815 $ 358/sqft |
| 60656 | $ 451,536 $ 349/sqft | 60604 | $ 645,000 $ -- |
| 60651 | $ 303,935 $ 230/sqft | 60669 | $ -- $ -- |
| 60639 | $ 353,062 $ 287/sqft | 60701 | $ -- $ -- |
| 60645 | $ 345,669 $ 274/sqft | 60666 | $ -- $ -- |
| 60637 | $ 239,176 $ 161/sqft | 60674 | $ -- $ -- |
| 60607 | $ 538,001 $ 371/sqft | 60688 | $ -- $ -- |
| 60605 | $ 371,932 $ 337/sqft |
Housing Market Summary for Chicago, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $316.7K | $331.3K | 4.63% |
| Median Sold Price | $358.7K | $360.3K | 0.47% |
| Homes For Sale | 12,144 | 14,169 | 16.67% |
| Homes Sold | 14,232 | 16,649 | 16.98% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Chicago, IL
Browse Homes in Chicago, IL
Chicago home values range from $19,588 to $10,995,000. The median estimated value of a home in Chicago is $322,506. The median list price of a home is 331,040.193, and the total count of properties in the city is 36,587.
- Pre-ForeclosurePre-foreclosure homes account for 7.59% of all residential properties in Chicago, IL with 60628 containing 245 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 61 zips within Chicago, IL; of those zips, the estimated home value for pre-foreclosure homes ranges from $324,623 in 60642 to the lowest home value of $40,000 in 60620.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Chicago, IL ranges from the highest value of $329,000 in 60607 to the lowest value of $20,000 in 60628. Bank owned homes and properties account for 1.18% of properties in Chicago, IL. There are 61 zips within Chicago, IL; 60628 containing 54 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60628 has 55 auction properties, the highest number of properties going to auction in a single zip in the state of Chicago, IL. Auction homes and other auction properties account for 1.36% of all properties in Chicago, IL. There are 61 zips within Chicago, IL; of those zips, the median estimated home value for homes going to auction ranges from $284,962 in 60647 to the lowest value of $38,030 in 60647.
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Guide for Chicago, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
