Parts of Chicago may be shifting toward better buyer leverage, but the answer is ZIP-specific and still mixed. 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.
Where buyers have measurable leverage
Parts of Chicago may be shifting toward better buyer leverage, but the answer is ZIP-specific and still mixed. 4 of 56 ZIPs (7%) show faster inventory growth.
Across tracked ZIPs, the median is 82 pending homes per 100 new listings.
Sources and method
- HomeMarketCap.com data sources: ZIP and metro housing-market datasets
- HomeMarketCap.com methodology: calculation and missing-data rules