Homes for Sale in Chicago, IL
Chicago, IL holds about 1,277,054 homes, 46% of them owner-occupied, with a median year built of 1954. Chicago offers urban multi-unit properties, condominiums, and single-family detached homes. Purchasers evaluate urban density and property tax rates against the expansive yards found in western suburbs. Pricing spans diverse thresholds across distinct city neighborhoods.
Figures as of May 2026.
Buying in Chicago means moving at the neighborhood's pace rather than the market's headlines. Homes here average 47 days on market against a median value of $425,000, and 24,715 closed over the last twelve months.
Prices here move street by street rather than town-wide, so the comparable sales that decide an offer are the recent ones inside the same boundaries, not the town's median. Read that way, a list price tells you whether a seller is reflecting the market or testing it, and an offer can be built on the competition that actually exists.
Source: Redfin (through May 2026) · U.S. Census ACS (2024)
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