Inventory in Belmont Heights stayed relatively lean in February 2026, with 22 homes on the market and the same number of new listings. Even with that limited supply, 19 properties went under contract, showing that buyers are still active. Compared with last year, both new listings and pending sales have fallen sharply, down 45% and 47.22% respectively, highlighting a tighter flow of homes coming on and off the market.
Pricing has been adjusting to this environment, with the typical home value at about $380,000, up 11.27% from a year ago. Sellers are often getting what they ask for and a bit more, as homes sold for roughly 100.4% of list price and about 53.85% of sales closed above the asking price. Homes are also moving faster than before, with the median days on market down to 43 days, a drop of just over 30% from the prior month and 14% year over year.
Belmont Heights is currently tilted toward sellers, reflected in a seller's market gauge reading of 12 and tighter inventory than the broader Chicago market, which has 5,707 homes available. While Belmont Heights’ typical home value is slightly below Chicago overall at $390,000, projected list prices here are expected to edge higher to around $406,375 as inventory is forecast to rise modestly to 24 homes. Whether you plan to buy or sell in Belmont Heights, Agent Pronto can connect you with a local agent who understands these trends and can help you navigate the market effectively.
