IL · Metro #3

Chicago - IL housing market

Current home values, days on market, and price-cut activity for the Chicago - IL metro. Data refreshed from Zillow Research monthly.

Typical home value
$344,687
+4.2% vs. year ago
Median list price
$336,633
Listings w/ price cut
20.2%
Context

How to read this data

The typical home value ($344,687) is the Zillow Home Value Index for the Chicago - IL metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 4.2% over the past year. In Chicago - IL, that means a home worth $330,794 last year is now worth roughly $344,687.

About 20.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in IL

MetroHome value1-yr changeDays on market
Peoria - IL$164,790 +8.5% 0d
Davenport - IA$187,525 +5.0% 0d
Rockford - IL$213,900 +8.8% 0d