Chicago, IL Market Report

April 2026 Market Summary

The Chicago real estate market in Illinois currently has 1,000 active listings with a median asking price of $425,000. Prices range from $9,000 to $8,450,000, with an average of $607,307. Buyers can expect to pay around $321 per square foot.

Condo homes dominate the market at 48% of inventory, followed by Single Family at 31%. The typical listing offers 3 bedrooms and 3 bathrooms in 1,780 square feet. Homes spend an average of 4 days on market before going under contract.

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