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Acre

Warm market · 3.3 months of supply

Chicago, IL

Median $386,000 · +2.8% year over year

Browse Chicago listings
Median sale price
$386,000+2.8%
Year over year
Median rent
$2,080+3.2%
Year over year
Price per sq ft
$287
Metro median
Days on market
28
Sale-to-list 97.9%

36 months

Median sale price

Median price from Aug '23 to Jul '26: rising, $368K to $386K (+5.0%).
PeriodMedian price
Aug '23$368K
Sep '23$361K
Oct '23$358K
Nov '23$357K
Dec '23$355K
Jan '24$355K
Feb '24$358K
Mar '24$360K
Apr '24$365K
May '24$365K
Jun '24$368K
Jul '24$365K
Aug '24$363K
Sep '24$359K
Oct '24$355K
Nov '24$353K
Dec '24$350K
Jan '25$352K
Feb '25$358K
Mar '25$361K
Apr '25$369K
May '25$370K
Jun '25$374K
Jul '25$376K
Aug '25$373K
Sep '25$369K
Oct '25$367K
Nov '25$367K
Dec '25$369K
Jan '26$368K
Feb '26$373K
Mar '26$379K
Apr '26$383K
May '26$387K
Jun '26$389K
Jul '26$386K

Market balance

3.304.59
Warm

Months of supply

Under 4 months favours sellers; over 6 favours buyers.

Months of supply: 3.3 on a scale from 0 to 9. Market is warm.
Months of supply3.3
Scale minimum0
Scale maximum9
Market temperatureWarm
12-mo forecast
+6.7%
With price cuts
23%

36 months

Median rent

Median rent from Aug '23 to Jul '26: rising, $1,950 to $2,080 (+6.7%).
PeriodMedian rent
Aug '23$1,950
Sep '23$1,945
Oct '23$1,945
Nov '23$1,935
Dec '23$1,915
Jan '24$1,910
Feb '24$1,915
Mar '24$1,925
Apr '24$1,925
May '24$1,950
Jun '24$1,955
Jul '24$1,970
Aug '24$1,970
Sep '24$1,975
Oct '24$1,965
Nov '24$1,965
Dec '24$1,950
Jan '25$1,945
Feb '25$1,955
Mar '25$1,960
Apr '25$1,975
May '25$1,990
Jun '25$2,010
Jul '25$2,015
Aug '25$2,025
Sep '25$2,035
Oct '25$2,030
Nov '25$2,020
Dec '25$2,025
Jan '26$2,010
Feb '26$2,015
Mar '26$2,025
Apr '26$2,035
May '26$2,045
Jun '26$2,070
Jul '26$2,080

18 months

Active inventory

Value across 18 categories. Highest Aug '25 at 8,783; lowest Feb '26 at 6,764.
CategoryValue
Feb '257,179
Mar '257,263
Apr '257,643
May '258,177
Jun '258,420
Jul '258,455
Aug '258,783
Sep '258,488
Oct '258,341
Nov '257,836
Dec '257,276
Jan '267,172
Feb '266,764
Mar '266,859
Apr '267,143
May '267,895
Jun '267,958
Jul '268,247

18 months

Days on market

Value across 18 categories. Highest Feb '25 at 43 d; lowest Aug '25 at 27 d.
CategoryValue
Feb '2543 d
Mar '2542 d
Apr '2539 d
May '2534 d
Jun '2530 d
Jul '2531 d
Aug '2527 d
Sep '2529 d
Oct '2529 d
Nov '2535 d
Dec '2537 d
Jan '2639 d
Feb '2640 d
Mar '2640 d
Apr '2637 d
May '2633 d
Jun '2629 d
Jul '2628 d
Active inventory
8,247
New listings
6
This month
Pending sales
3,101
Closed sales
2,495
Affordability
73/100
Higher is more affordable

On the market now

Listings in Chicago

View all
2 Bed Apartment in West Loop, 7006 S Michigan Ave, 10B
7006 S Michigan Ave, 10B, photo 2 of 8

$3,150/mo

2 bd · 2 ba · 1,140 sq ft

7006 S Michigan Ave, 10B

Chicago, IL 60607

Listed 8 weeks ago$3/sq ft
23,400 SF Office building in Hyde Park, 5752 N Milwaukee Ave
5752 N Milwaukee Ave, photo 2 of 5

$4,205,000

7.0% cap · 23,400 sq ft RBA · Class A

5752 N Milwaukee Ave

Chicago, IL 60610

Listed 4 weeks ago$180/sq ft
1.58-Acre Parcel in Lakeview, 1718 W Randolph St
1718 W Randolph St, photo 2 of 5
Coming Soon

$728,000

1.58 acres

1718 W Randolph St

Chicago, IL 60613

Listed 6 days ago$11/sq ft
4 Bed Townhome in Lincoln Park, 5586 W Randolph St
5586 W Randolph St, photo 2 of 8

$4,900/mo

4 bd · 2.5 ba · 2,370 sq ft

5586 W Randolph St

Chicago, IL 60614

Listed 8 weeks ago$2/sq ft
2 Bed Townhome in Wicker Park, 1003 N Halsted St
1003 N Halsted St, photo 2 of 6

$705,000

2 bd · 2 ba · 1,700 sq ft

1003 N Halsted St

Chicago, IL 60615

Listed 6 weeks ago$415/sq ft
4 Bed Home in Logan Square, 4910 N Halsted St
4910 N Halsted St, photo 2 of 8
New

$4,325/mo

4 bd · 3 ba · 2,850 sq ft

4910 N Halsted St

Chicago, IL 60618

Listed yesterday$2/sq ft

Comparable markets

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+3.9% YoY

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$432,000

+2.7% YoY

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$448,000

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Phoenix, AZ

$462,000

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