Chicago - IL housing market
Current home values, days on market, and price-cut activity for the Chicago - IL metro. Data refreshed from Zillow Research monthly.
How to read this data
The typical home value ($344,687) is the Zillow Home Value Index for the Chicago - IL metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 4.2% over the past year. In Chicago - IL, that means a home worth $330,794 last year is now worth roughly $344,687.
Homes listed in Chicago - IL sit on the market for roughly 15.0 days before going pending. Shorter = seller's market; longer = buyer's market.
About 20.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
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Other metros in IL
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Peoria - IL | $164,790 | +8.5% | 17.0d |
| Davenport - IA | $187,525 | +5.0% | 23.0d |
| Rockford - IL | $213,900 | +8.8% | 9.0d |