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Chicago Housing Market Forecast

The published metro home-value forecast for Chicago is 3.10%. Across tracked ZIPs the typical home value runs from $130,123 in 60621 to $676,448 in 60614 — a factor of 5.2. The median tracked ZIP has a home-value-to-annual-rent ratio of 15.0. 16 of 56 tracked ZIPs (29%) show the current cooling flag.

Key stats

  • Across tracked ZIPs the typical home value runs from $130,123 in 60621 to $676,448 in 60614 — a factor of 5.2.
  • The median tracked ZIP has a home-value-to-annual-rent ratio of 15.0.
  • 16 of 56 tracked ZIPs (29%) show the current cooling flag.
  • The metro income-needed indicator changed 5.54% year over year.
Tracked ZIP markets
56
Median ZIP home value
$335,515
Median ZIP rent
$1,862
housing cost spread
Across tracked ZIPs the typical home value runs from $130,123 in 60621 to $676,448 in 60614 — a factor of 5.2.
metro price to rent
The median tracked ZIP has a home-value-to-annual-rent ratio of 15.0.
cooling share
16 of 56 tracked ZIPs (29%) show the current cooling flag.

Chicago home-value forecast

The median tracked ZIP has a home-value-to-annual-rent ratio of 15.0.

Sources and method

Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.

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