Chicago - IL vs Phoenix - AZ: 2026 Housing Comparison
Side-by-side housing data for Chicago - IL, IL and Phoenix - AZ, AZ - 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.
What this means for buyers
Phoenix - AZ is roughly 24% more expensive than Chicago - IL in typical home value. Homes sit on market longer in Phoenix - AZ (34 days vs 9), suggesting more buyer leverage there. Phoenix - AZ sees more listings with price cuts (33.3% vs 21.3%), a sign of softening seller expectations.