Chicago shows selective cooling and normalization signals rather than a single citywide trend. 18 of 56 tracked ZIPs (32%) show the current cooling flag. 4 of 56 ZIPs (7%) show faster inventory growth. The median tracked ZIP records about 82 pending homes per 100 new listings.
Key stats
- 18 of 56 tracked ZIPs (32%) show the current cooling flag.
- 4 of 56 ZIPs (7%) show faster inventory growth.
- The median tracked ZIP records about 82 pending homes per 100 new listings.
- The metro income-needed indicator changed 3.25% year over year.
- 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.
- inventory growth share
- 4 of 56 ZIPs (7%) show faster inventory growth.
- median pending flow
- The median tracked ZIP records about 82 pending homes per 100 new listings.
How broad is the cooling in Chicago?
18 of 56 tracked ZIPs (32%) show the current cooling flag. 4 of 56 ZIPs (7%) show faster inventory growth.
Sources and method
- HomeMarketCap.com data sources: ZIP and metro housing-market datasets
- HomeMarketCap.com methodology: calculation and missing-data rules