Typical home value trend in Chicago
Across 56 tracked ZIPs in Chicago, typical home values range from $125,693 in ZIP 60621 to $684,050 in ZIP 60614 — a 5.4x spread around a median of $340,167.
The median tracked ZIP home value in Chicago rose 2.5% over the last 11 months, from $331,926 to $340,167.
Typical rent trend in Chicago
Typical rent across 55 tracked ZIPs runs from $1,373 in ZIP 60636 to $3,044 in ZIP 60601.
The median tracked ZIP rent in Chicago rose 6.5% over the last 11 months, from $1,768 to $1,883.
Supply trend in Chicago
Tracked ZIPs list 5,596 homes for sale in total, from 9 in ZIP 60604 to 470 in ZIP 60611. 27 of 56 tracked ZIPs (48%) recorded rising for-sale inventory in the latest month. The median tracked ZIP has price cuts on 20.6% of listings; the highest share is in ZIP 60634 at 29.0%.
Buyer competition and pending activity in Chicago
82 homes went pending for every 100 new listings. Buyer competition is strongest in ZIP 60626, with a 93 competition index, and weakest in ZIP 60603. Pending homes per 100 new listings range from 62 in ZIP 60621 to 122 in ZIP 60644 across tracked ZIPs.