Home/Chicago/Market Report

Chicago Housing Market Report

September 2026 • Updated daily from MLS data

$646,600
Average Price
4,289
Active Listings
47
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

1,610
Single Family
View listings
1,169
Condo
View listings
142
Townhouse
View listings
0
Multifamily
View listings

Price Distribution

How Chicago home prices are distributed across price ranges

Under $100K
153
153
$100K–$200K
518
518
$200K–$300K
823
823
$300K–$500K
1163
1163
$500K–$750K
666
666
$750K–$1M
315
315
$1M+
576
576

Listings by Bedrooms

Bedroom count breakdown for active listings in Chicago

596
1 Bed
1,189
2 Bed
1,346
3 Bed
655
4 Bed
299
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, 17,141 permits were issued, down 46% 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
17,141
Issued Last 12 Months
$17,700
Median Project Value (12 mo)
$7,018,771,048
Total Construction Value (12 mo)

Most Common Projects (Last 5 Years)

Permit – Express Permit Program · Exp…75,602
Permit - Renovation/Alteration · Stan…16,805
Permit - Easy Permit Process · Easy P…12,892
Permit - Renovation/Alteration · Self…11,837
Permit - Easy Permit Process · Easy P…11,432
Permit - Signs · Sign Permit11,137

Permits Issued by Year

2016
11,897
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
89
200
99
209
125
156

Featured Listings in Chicago

Top properties currently on the market

1450 Astor
$725,000
3
4
2,500 sqft
1450 Astor
Chicago, IL
6056 60th
$449,900
3
2
1,100 sqft
6056 60th
Chicago, IL
5303 Winchester
$225,000
3
1
1,120 sqft
5303 Winchester
Chicago, IL
7930 Muskegon
$125,000
5
2
1,816 sqft
7930 Muskegon
Chicago, IL
4250 Marine
$265,000
2
1
906 sqft
4250 Marine
Chicago, IL
1440 Lake Shore
$389,000
2
2
1,450 sqft
1440 Lake Shore
Chicago, IL
View All Chicago Properties

Save $16,998 on the Average Chicago Home

Traditional agents charge 3% commission ($19,398). With IvyGro, our broker keeps just $2,400 (negotiable at closing) and you keep the rest as your rebate.

Start Your SearchBrowse Chicago Listings