Typical home value trend in Chicago
Across 56 tracked ZIPs in Chicago, typical home values range from $130,123 in ZIP 60621 to $676,448 in ZIP 60614 — a 5.2x spread around a median of $335,515.
The median tracked ZIP home value in Chicago rose 4.1% over the last 12 months, from $322,292 to $335,515.
Typical rent trend in Chicago
Typical rent across 51 tracked ZIPs runs from $1,319 in ZIP 60649 to $3,039 in ZIP 60601.
The median tracked ZIP rent in Chicago rose 5.3% over the last 12 months, from $1,768 to $1,862.
Supply trend in Chicago
Tracked ZIPs list 5,571 homes for sale in total, from 9 in ZIP 60604 to 473 in ZIP 60611. 26 of 56 tracked ZIPs (46%) recorded rising for-sale inventory in the latest month. The median tracked ZIP has price cuts on 21.9% of listings; the highest share is in ZIP 60634 at 29.8%.
Buyer competition and pending activity in Chicago
80 homes went pending for every 100 new listings. Buyer competition is strongest in ZIP 60644, with a 87 competition index, and weakest in ZIP 60601. Pending homes per 100 new listings range from 59 in ZIP 60637 to 100 in ZIP 60630 across tracked ZIPs.