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Chicago Housing Market Forecast

The published metro home-value forecast for Chicago is 2.20%. 18 of 56 tracked ZIPs (32%) show the current cooling flag. The median tracked ZIP has a home-value-to-annual-rent ratio of 15.1. The metro income-needed indicator changed 3.25% year over year.

Key stats

  • 18 of 56 tracked ZIPs (32%) show the current cooling flag.
  • The median tracked ZIP has a home-value-to-annual-rent ratio of 15.1.
  • The metro income-needed indicator changed 3.25% year over year.
  • The published metro home-value forecast is 2.20%.
Tracked ZIP markets
56
Median ZIP home value
$340,167
Median ZIP rent
$1,883
cooling share
18 of 56 tracked ZIPs (32%) show the current cooling flag.
metro price to rent
The median tracked ZIP has a home-value-to-annual-rent ratio of 15.1.
income needed change
The metro income-needed indicator changed 3.25% year over year.

Chicago home-value forecast

The published metro home-value forecast is 2.20%.

The median tracked ZIP has a home-value-to-annual-rent ratio of 15.1.

Sources and method

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