All Home Types
Chicago, IL Housing Market
What is the housing market like in Chicago today?
Over the three months ending August 2026, Chicago home prices were up 9.3% compared to the same period last year, selling for a median price of $426K. On average, homes in Chicago sell after 49 days on the market compared to 52 days last year. There were 7,541 homes sold in August this year, up from 7,391 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$426,255
+9.3% YoY | Aug 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2026
Growth
% YoY
Chicago, IL
$426,255
+9.3%
United States
Work with the best agents in Chicago
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
Chicago Migration & Relocation Trends
In Jan '26 - Mar '26, 11% of Chicago homebuyers searched to move out of Chicago, while 89% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Chicago from outside metros.
- New York homebuyers searched to move into Chicago more than any other metro followed by Washington and San Francisco.
Where are people moving to Chicago from?
- 89% of Chicago homebuyers searched to stay within the Chicago metropolitan area.
- Cape Coral was the most popular destination among Chicago homebuyers followed by Milwaukee and Phoenix.
Where are people from Chicago moving to?
Number of People Moving to Chicago
least
most
People are moving to Chicago from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jan '26 - Mar '26 | ||
| 1 | 286 | ||
| 2 | 70 | ||
| 3 | 64 | ||
| 4 | 31 | ||
| 5 | 23 | ||
| 6 | 22 | ||
| 7 | 20 | ||
| 8 | 12 | ||
| 9 | 12 | ||
| 10 | 11 | ||
People are leaving Chicago for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jan '26 - Mar '26 | ||
| 1 | 1,511 | ||
| 2 | 1,346 | ||
| 3 | 1,187 | ||
| 4 | 1,104 | ||
| 5 | 986 | ||
| 6 | 842 | ||
| 7 | 822 | ||
| 8 | 766 | ||
| 9 | 742 | ||
| 10 | 638 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Chicago.
Provided by First Street Foundation
Transportation in Chicago
Learn about the walkability, bikeability, and transit-friendliness of Chicago
Very Walkable
Walk Score®
Good Transit
Transit Score®
Very Bikeable
Bike Score®
Find us
Subsidiaries
Affiliated Business
United States
CanadaCopyright: © 2026 Redfin. All rights reserved.
Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.
Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.