Chicago, IL housing market
In Chicago, IL, 7,147 homes sold during May 2026 and the typical one went for $397,500. The typical sale took 46 days. There are more buyers than homes for sale. Sellers have the edge.
Over the last 36 months the typical sale price here went from $345,000 to $397,500 — up 15%.
9,740 homes came on the market during May 2026, and 7,147 sold.
Every number on this page is from Redfin's published market data for the Chicago, IL area. We do not adjust it, and we say which months it covers.
Questions people ask about Chicago, IL
- When is the best month to sell a house in Chicago, IL?
- How long does it take to sell a house in Chicago, IL?
- Do homes sell above asking price in Chicago, IL?
- Are home prices going up or down in Chicago, IL?
- Is Chicago, IL a buyer's market or a seller's market?
- How many homes are for sale in Chicago, IL?
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Nearby markets
- Lake County, IL
- Elgin, IL
- Peoria, IL
- Rockford, IL
- Springfield, IL
- Champaign, IL
- Bloomington, IL
- Carbondale, IL
- Decatur, IL
- Ottawa, IL
Source: Redfin's published market data for the Chicago, IL area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin.