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Is Chicago a Buyer's Market?

18 of 56 tracked Chicago ZIPs are cooling and 4 show inventory building — enough for buyer leverage in parts of the metro, not across it. The median tracked ZIP records about 82 pending homes per 100 new listings. Across tracked ZIPs the typical home value runs from $125,693 in 60621 to $684,050 in 60614 — a factor of 5.4. The metro income-needed indicator changed 3.25% year over year.

Key stats

  • The median tracked ZIP records about 82 pending homes per 100 new listings.
  • Across tracked ZIPs the typical home value runs from $125,693 in 60621 to $684,050 in 60614 — a factor of 5.4.
  • 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
median pending flow
The median tracked ZIP records about 82 pending homes per 100 new listings.
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.
income needed change
The metro income-needed indicator changed 3.25% year over year.

Where buyers have measurable leverage

18 of 56 tracked Chicago ZIPs are cooling and 4 show inventory building — enough for buyer leverage in parts of the metro, not across it.

Across tracked ZIPs, the median is 82 pending homes per 100 new listings.

Sources and method

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

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