Market Update
Chicago
Q2 2026
Residential Property Snapshot
Single Family Homes & Condos | Q2 2026
Med. Sales Price
$420k
8% more than in
Q2 2025
Q2 2025
Avg. Days On Market
25
7% fewer than in
Q2 2025
Q2 2025
Closed Sales
6,602
1% more than in
Q2 2025
Q2 2025
Inventory
3,473
19% fewer than in
Q2 2025
Q2 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q2 '22 | $360k | $477k | 9471 |
| Q2 '23 | $340k | $448k | 6719 |
| Q2 '24 | $365k | $487k | 6506 |
| Q2 '25 | $390k | $541k | 6562 |
| Q2 '26 | $420k | $572k | 6602 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $500k | 59.7% |
|---|---|
| Q2 '26 | 3940 |
| Q2 '25 | 4215 |
| 1YR CHANGE | -7% |
| Closed $500k - $1m | 29.0% |
| Q2 '26 | 1914 |
| Q2 '25 | 1712 |
| 1YR CHANGE | +12% |
| Closed $1m - $2m | 8.6% |
| Q2 '26 | 567 |
| Q2 '25 | 478 |
| 1YR CHANGE | +19% |
| Closed Over $2m | 2.7% |
| Q2 '26 | 181 |
| Q2 '25 | 157 |
| 1YR CHANGE | +15% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q2 '22 | 29 | $360k |
| Q2 '23 | 33 | $340k |
| Q2 '24 | 29 | $365k |
| Q2 '25 | 27 | $390k |
| Q2 '26 | 25 | $420k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q2 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
-19%
New Listings
New Listings represents the number of properties listed during the quarter.
7%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
-21%
Closed Sales
1%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
-7%
Far North Side
Median
$683k
DOM
11
Sales
254
Inv
46
Loop
Median
$409k
DOM
33
Sales
454
Inv
351
Lower West Side
Median
$525k
DOM
21
Sales
23
Inv
14
Near North Side
Median
$470k
DOM
36
Sales
810
Inv
642
Near South Side
Median
$312k
DOM
44
Sales
96
Inv
119
Near West Side
Median
$420k
DOM
21
Sales
319
Inv
195
North Side
Median
$660k
DOM
14
Sales
938
Inv
232
West Side
Median
$750k
DOM
10
Sales
201
Inv
46
West Town
Median
$725k
DOM
13
Sales
425
Inv
105