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. Housing stock ranges from multi-unit brick flats and vintage condominiums to detached city homes. Property buyers balance lot density and shared walls against suburban yard sizes in towns like Naperville or Downers Grove. Purchase decisions focus on street location and residential building age.
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)
Chicago neighborhoods
Guides
- Steps to buying a home in Naperville
- First-time home buyers in Naperville
- Getting pre-approved for a mortgage in Naperville
- Making an offer on a home in Naperville
- Home inspections in Naperville: questions buyers ask
- Closing costs in Illinois: what buyers pay
- Ways to own real estate in Naperville
- Selling a home in Naperville
- What it costs to sell a home in Illinois
- Buy first or sell first in Naperville?
- Sell by owner or hire an agent in Naperville?
- Pricing your home in Naperville: questions sellers ask
- Preparing your home to sell in Naperville: questions sellers ask
- Mistakes sellers make in Naperville
Services
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