Chicago - IL vs Miami - FL: 2026 Housing Comparison

Side-by-side housing data for Chicago - IL, IL and Miami - FL, FL - 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
Miami - FL
Typical home value (ZHVI)
$360,262
$477,769
Year-over-year change
+4.7%
-1.3%
Median list price
$376,333
$471,333
Days on market (median)
11 days
51 days
% of listings with price cut
23.3%
19.1%

What this means for buyers

Miami - FL is roughly 33% more expensive than Chicago - IL in typical home value. Homes sit on market longer in Miami - FL (51 days vs 11), suggesting more buyer leverage there. Chicago - IL sees more listings with price cuts (23.3% vs 19.1%), a sign of softening seller expectations.

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Other comparisons

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