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Chicago Housing Market Report

November 2026 • Updated daily from MLS data

$635,081
Average Price
4,274
Active Listings
48
Avg Days on Market
$358
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Chicago broken down by property type

Price Distribution

How Chicago home prices are distributed across price ranges

Under $100K
123
123
$100K–$200K
549
549
$200K–$300K
868
868
$300K–$500K
1194
1194
$500K–$750K
628
628
$750K–$1M
293
293
$1M+
543
543

Listings by Bedrooms

Bedroom count breakdown for active listings in Chicago

586
1 Bed
1,189
2 Bed
1,359
3 Bed
620
4 Bed
314
5+ Bed

Demographics & Community

Census data for Chicago, Illinois

25,632
Population
$92,335
Median Household Income
35.8
Median Age
$297,300
Census Median Home Value

Housing Occupancy

Total Housing Units7,759
Owner-Occupied5,267 (71.4%)
Renter-Occupied2,113 (28.6%)
Vacant Units379
Median Rent$1,345/mo

Commute & Education

Median Commute11727 min
Work From Home4.2%
Public Transit0.9%
Bachelor's Degree+20.1%
High School Diploma+0.1%

Affordability & Housing Costs

HUD data for the Chicago area

Fair Market Rent (2024)

Studio$1,399/mo
1 Bedroom$1,507/mo
2 Bedroom$1,714/mo
3 Bedroom$2,182/mo
4 Bedroom$2,583/mo

Income Limits (2024)

Median Family Income$112,100
Low Income (4-person)$89,700
Very Low Income (4-person)$56,050
Extremely Low (4-person)$33,650

Safety & Crime Statistics

Crime data for Chicago (2024)

54
Violent Crimes
178
Property Crimes
18
Burglaries
53
Vehicle Thefts

Building Permit Activity

IvyGro tracks 833,833 building permits issued by City of Chicago, with records dating back to 2006. In the last 12 months, 12,629 permits were issued, down 60% from the year before. Every Chicago listing on IvyGro shows the full permit history for that address: roofs, remodels, additions, and more.

833,833
Permits on Record
12,629
Issued Last 12 Months
$18,000
Median Project Value (12 mo)
$5,679,320,649
Total Construction Value (12 mo)

Most Common Projects (Last 5 Years)

Permit – Express Permit Program · Exp…73,692
Permit - Renovation/Alteration · Stan…16,143
Permit - Easy Permit Process · Easy P…11,959
Permit - Renovation/Alteration · Self…11,518
Permit - Signs · Sign Permit10,822
Permit - Easy Permit Process · Easy P…10,650

Permits Issued by Year

2016
5,753
2017
47,279
2018
46,961
2019
48,546
2020
38,512
2021
39,124
2022
38,336
2023
34,389
2024
33,445
2025
32,044
2026
8,829

See the full Chicago permit report or browse Chicago listings to see the permit history for any home.

School Districts

School districts serving Chicago properties

299
130
110
124
219
200
99
102
229
1

Featured Listings in Chicago

Top properties currently on the market

Save $16,652 on the Average Chicago Home

Traditional agents charge 3% commission ($19,052). With IvyGro, our broker keeps just $2,400 (negotiable at closing) and you keep the rest as your rebate.