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City / Town Overview

Chicago, IL

Aggregate real estate market report across all ZIPs in scope
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The Chicago, IL real estate market currently shows 5,334 active listings, with 2,307 pending sales. Homes are averaging 39.4 days on the market before going under contract.

Inventory has tightened compared to last year, with 545 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 39.4 days on market compared to 44 days last year.

The median listing price has risen 6% year-over-year, from $412,435 to $436,991.

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Market Context

Market Context

Population: 2,705,664  ·  Density: 6,411.9/mi²  ·  Median household income: $73,537

Typical home value: $335,653  ·  Homeownership: 47.1%

Included Areas

Chicago: 60626, 60628, 60629, 60630, 60631, 60632, 60633, 60634, 60636, 60637, 60638, 60639

Loop: 60601, 60602, 60603, 60604, 60606

Near West Side: 60607, 60612

Near North Side: 60610, 60611

Near South Side: 60605

Lower West Side: 60608

New City: 60609

Uptown: 60613

Lincoln Park: 60614

Hyde Park: 60615

Douglas: 60616

South Deering: 60617

Irving Park: 60618

Chatham: 60619

Area Map

Market Overview

Active Listings
5,334
⇩ 9.3% vs 5,879 last year
Pending
2,307
43% pending ratio
Median Price
$436,991
⇧ 6% vs $412,435 last year
Average Price
$627,537
⇧ 0.8% vs $622,794 last year
Days on Market
39.4
⇩ 10.5% vs 44 days last year

Price Per Square Foot

Median $/sqft
$290
⇧ 2.7% vs $282/sqft last year
Median Home Size
1,510 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %