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Chicago Housing Market Forecast

The published metro home-value forecast for Chicago is 2.20%. Across tracked ZIPs the typical home value runs from $125,693 in 60621 to $684,050 in 60614 — a factor of 5.4. The median tracked ZIP has a home-value-to-annual-rent ratio of 15.1. 18 of 56 tracked ZIPs (32%) show the current cooling flag.

Key stats

  • Across tracked ZIPs the typical home value runs from $125,693 in 60621 to $684,050 in 60614 — a factor of 5.4.
  • The median tracked ZIP has a home-value-to-annual-rent ratio of 15.1.
  • 18 of 56 tracked ZIPs (32%) show the current cooling flag.
  • 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
housing cost spread
Across tracked ZIPs the typical home value runs from $125,693 in 60621 to $684,050 in 60614 — a factor of 5.4.
metro price to rent
The median tracked ZIP has a home-value-to-annual-rent ratio of 15.1.
cooling share
18 of 56 tracked ZIPs (32%) show the current cooling flag.

Chicago home-value forecast

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

Sources and method

Figures are updated monthly under our editorial policy. Spotted something wrong? Report a correction.

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