Updated July 2026Zillow Research
Chicago Real Estate Market Update, July 2026
Here are the latest housing market numbers for Chicago, IL, for July 2026. Median sale price, market speed, inventory and more, with month-over-month and year-over-year change. The median sale price is $375K.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $375K | ▲ +3.4% | ▲ +11.6% |
| Days to pending | 31 | • 0.0% | ▼ -20.5% |
| Homes for sale | 5,576 | ▼ -0.6% | ▼ -8.4% |
| Sale-to-list | 102.0% | ▲ +0.1% | ▲ +1.7% |
| Months of supply (est.) | 3.0 | ▼ -5.1% | ▼ -23.2% |
| Homes sold (est.) | 4,120 | ▲ +4.4% | ▲ +10.4% |
(est.) = LOKAL estimate, not published by the source at city level.
Metro figures from Zillow Research, ZIP figures from Zillow Research where published, otherwise from the last public Redfin release (each post names its source). Verify against your MLS before posting.
What the Chicago numbers say
Prices in Chicago are still rising. The median sale price reached $374,605, up 11.6% year over year. Homes are moving fast: a typical listing goes under contract in about 31 days, and sellers are getting 102.0% of list price.
With 5,576 homes for sale and an estimated 3.0 months of supply, Chicago is currently a balanced market.
What this means if you sell in Chicago
Use these figures to set expectations early with each client. Lead a listing appointment with the $375K median price and the 31-day pace, show the year-over-year direction, and frame Chicago as a balanced market. A buyer or seller client trusts an agent who knows the numbers cold, and posts them every month.
How we track the Chicago market
We built LOKAL to pull Chicago's numbers straight from Zillow Research, so an agent and a client read from the same source. For July 2026 we recorded a $375K median sale price, +11.6% year over year, 31 days to pending (the days between listing and accepted offer) and a 102.0% sale-to-list ratio. That compares with roughly $336K a year earlier, in 2025. Zillow Research has published these city-level series monthly since 2018, which is what lets us show month-over-month and year-over-year change here in 2026. We refresh every metro monthly. LOKAL is independent and not affiliated with Zillow; always verify against your MLS before you publish.
Turn these Chicago numbers into a finished post.
Open LOKAL with Chicago already selected. You'll get a carousel, story and square graphic with these figures in place, ready to export in seconds.
Build the Chicago post →Frequently asked: the Chicago housing market
- What is the median home price in Chicago, IL?
- As of July 2026, the median sale price in Chicago is $374,605 (+11.6% year over year), per Zillow Research.
- Is Chicago a buyer's or seller's market right now?
- Chicago is currently a balanced market, based on an estimated 3.0 months of supply and a 102.0% sale-to-list ratio for July 2026.
- How long do homes take to sell in Chicago?
- A typical Chicago listing goes under contract in about 31 days as of July 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this Chicago market data come from?
- The sourced figures (median sale price, inventory, sale-to-list and days to pending) come from the latest public Zillow Research release; months of supply and homes sold are estimated from them. LOKAL turns it all into a ready-to-post carousel, story and square graphic for Chicago agents. LOKAL is not affiliated with Zillow.
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Data credited to its source on every update. LOKAL is independent.
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Data from Zillow Research. Figures are a metro-level snapshot, not a valuation for a specific home.
Chicago housing market by ZIP code
See Chicago block by block. These 54 Chicago-area ZIP codes each have their own real Zillow or Redfin median price, days on market and supply.