HomeMarketCap.com

Chicago Area Housing Market

Tracked Chicago-area ZIPs in Cook County, updated July 2026. 167 ZIP pages; 56 with market metrics.

Chicago Area tracks 56 ZIPs with home-value data; median typical home value is $340,167 and median rent is $1,883 per month. Typical home values range from $125,693 in ZIP 60621 to $684,050 in ZIP 60614; 82 homes went pending for every 100 new listings.

$340,167

$1,883

64 index

5,596

2,304

1,880

20.60%

26 days

New listings (MoM)

-2.33%

Homes pending (MoM)

-2.55%

Rent demand trend (YoY)

-4.08%

Population

2,694,535

Population density

6,454 / sq mi

Tracked ZIP/ZCTA coverage map, not a listing heatmap.

Typical home value trend in Chicago Area

Across 56 tracked ZIPs in Chicago Area, 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 Area rose 2.5% over the last 12 months, from $331,859 to $340,167.

Typical home value — past 12 months
Aug 25Jul 26
Up 2.5% over 12 months
Typical home value up 2.5% over the last 12 months in Chicago Area.

Typical rent trend in Chicago Area

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 Area rose 6.6% over the last 12 months, from $1,767 to $1,883.

Typical rent — past 12 months
Aug 25Jul 26
Up 6.6% over 12 months
Typical rent up 6.6% over the last 12 months in Chicago Area.

Supply trend in Chicago Area

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%.

Homes for sale — past 12 months
Aug 25Jul 26
Down 11.6% over 12 months
Homes for sale down 11.6% over the last 12 months in Chicago Area.
New listings — past 12 months
Aug 25Jul 26
Down 2.5% over 12 months
New listings down 2.5% over the last 12 months in Chicago Area.

Buyer competition and pending activity in Chicago Area

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.

Buyer competition index — past 12 months
Aug 25Jul 26
Up 4.1% over 12 months
Buyer competition index up 4.1% over the last 12 months in Chicago Area.
Homes going pending — past 12 months
Aug 25Jul 26
Up 10.3% over 12 months
Homes going pending up 10.3% over the last 12 months in Chicago Area.

Highest Buyer Competition ZIPs in Chicago Area

Explore all ZIP Codes in Chicago Area

Showing 167 of 167 ZIP pages

Chicago Area Housing Market FAQ

What is the typical home value in Chicago Area?

The typical home value in Chicago Area is $340,167 in the latest monthly reading.

What is the typical rent in Chicago Area?

Typical rent in Chicago Area is $1,883 per month.

How much do home values vary across tracked ZIPs in Chicago Area?

Across 56 tracked ZIPs in Chicago Area, 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.

Related market analysis