The typical home value in
Chicago
is projected to be
$364,750
for the month of
January.
December’s
finalized data reported the typical value of a home in the
city
to be
$365,000—up
4.29%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$347,950
in
Cook County
for the most recent reporting period.
That number is expected to float around
$346,930
in
January.
Chicago
had
1,210
new listings and
1,463
listings that went under contract in
December,
decreasing
the area’s total available inventory to
4,812—down
22.07%
from the previous month. Inventory is projected to have further
decreased
in
January.
Of those
4,812
active listings,
12.28%
reduced their price in the month of
December.
The median listing price for homes in
Chicago
grew
2.95%
from
November
to
December,
bringing the current median listing price to
$349,000.
Based on projected data for
January,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
has been fairly steady
year-over-year. In
December 2025,
the median time for a listed property to go pending was
67
days, compared to
66
days in
December 2024.
However, in recent months the median number of days from listed to pending appears to be
falling.
That trend is predicted to have carried through to this
January.
