Chicago - IL vs Indianapolis - IN: 2026 Housing Comparison

Side-by-side housing data for Chicago - IL, IL and Indianapolis - IN, IN - typical home value, year-over-year change, median list price, days on market, and share of listings with a price cut. Refreshed from Zillow Research public CSVs.

Metric
Chicago - IL
Indianapolis - IN
Typical home value (ZHVI)
$360,262
$296,033
Year-over-year change
+4.7%
+1.0%
Median list price
$376,333
$305,800
Days on market (median)
11 days
13 days
% of listings with price cut
23.3%
32.8%

What this means for buyers

Chicago - IL is roughly 22% more expensive than Indianapolis - IN in typical home value. Indianapolis - IN sees more listings with price cuts (32.8% vs 23.3%), a sign of softening seller expectations.

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Other comparisons

Chicago - IL vs Dallas - TX Chicago - IL vs Philadelphia - PA Chicago - IL vs Atlanta - GA
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