New York - NY vs Chicago - IL: 2026 Housing Comparison

Side-by-side housing data for New York - NY, NY and Chicago - IL, IL — 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
New York - NY
Chicago - IL
Typical home value (ZHVI)
$715,584
$344,687
Year-over-year change
+4.1%
+4.2%
Median list price
$727,667
$336,633
Days on market (median)
36 days
15 days
% of listings with price cut
11.4%
20.2%

What this means for buyers

New York - NY is roughly 108% more expensive than Chicago - IL in typical home value. Homes sit on market longer in New York - NY (36 days vs 15), suggesting more buyer leverage there. Chicago - IL sees more listings with price cuts (20.2% vs 11.4%), a sign of softening seller expectations.

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Other comparisons

New York - NY vs Boston - MA New York - NY vs Washington - DC New York - NY vs Riverside - CA
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