Chicago Metro Home Prices and Home Values

  • Zillow Home Value Index

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    Zillow Home Value Index
    Mid-point of Zestimate valuations for Chicago Metro. Half the Zestimates are above this number and half are below it.
  • Median list price ($)

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    Median list price ($)
    Mid-point of the list price for homes listed on Zillow in Chicago Metro, or the asking price.
  • Median sale price ($)

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    Median sale price ($)
    Mid-point of the price homes have sold for in Chicago Metro. Half the homes sold above this number and half sold below.
  • Zillow Rent Index

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    Zillow Rent Index
    Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in Chicago Metro. Half the Rent Zestimates are above this number and half are below it.
  • Median rent list price ($)

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    Median rent list price ($)
    Mid-point of the rental price for homes listed for rent on Zillow in the Chicago Metro. Half the homes have rent prices above this number and half are below.
  • Total homes sold

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    Total homes sold
    Total number of homes sold in Chicago Metro during the prior 30 days.
  • Median value per sq. ft. ($)

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    Median value per sq. ft. ($)
    Mid-point of the value of all homes in Chicago Metro, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
  • Median list price / sq. ft. ($)

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    Median list price / sq. ft. ($)
    Mid-point of Chicago Metros list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
  • Median sale price / sq. ft. ($)

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    Median sale price / sq. ft. ($)
    Mid-point of Chicago Metros sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
  • Rent estimate / sq. ft. ($)

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    Rent estimate / sq. ft. ($)
    Mid-point of the estimated monthly rent price of all homes in Chicago Metro, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).
  • Median rent list price / sq. ft. ($)

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    Median rent list price / sq. ft. ($)
    Mid-point of Chicago Metros rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
  • Median sale-to-list price ratio

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    Median sale-to-list price ratio
    Mid-point of the ratio between the sale price and the list price for all homes in Chicago Metro (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).
  • Listings with price cut (%)

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    Listings with price cut (%)
    The percentage of current listings on Zillow in Chicago Metro whose price has been reduced in the last 30 days.
  • Median price cut (%)

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    Median price cut (%)
    Mid-point of the percentage of price reduction for homes in Chicago Metro whose prices have been reduced in the past full month.
  • Sold for loss (%)

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    Sold for loss (%)
    The percentage of homes in Chicago Metro that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
  • Sold for gain (%)

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    Sold for gain (%)
    The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
  • Homes foreclosed

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    Homes foreclosed
    Number of homes in Chicago Metro that have been foreclosed but not yet resold to a private party. Expressed as a ratio (foreclosed homes per 10,000 total homes). It does not include homes for which the foreclosure process has started but not yet finished.
  • Foreclosure re-sales (%)

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    Foreclosure re-sales (%)
    The percentage of home sales in a given month in Chicago Metro where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
  • Increasing values (%)

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    Increasing values (%)
    The percentage of homes in Chicago Metro whose values have increased in the past year.
  • Decreasing values (%)

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    Decreasing values (%)
    The percentage of all homes in Chicago Metro whose value has fallen in the last year.
  • Sold in past year (%)

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    Sold in past year (%)
    The percentage of all homes in Chicago Metro that were sold in the past 12 months.
  • $177,800
  • 8.3%Y-o-Y
  • Calculated 03/17/2014*
  • *Includes data and transactions through 02/28/2014
 
 
 
 
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This data is not available for Chicago Metro.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Feb 2014
394463
0.3%
1.3%
8.3%
177800
3319
0.1%
1.1%
8.9%
196100
10074
0.0%
1.0%
6.1%
200400
16736
0.0%
-0.1%
4.7%
133000
48668
-0.2%
-0.7%
6.4%
176600
50764
0.7%
1.7%
11.6%
296500
10215
0.4%
2.1%
9.6%
134300
16897
0.0%
1.3%
5.1%
732600
44042
0.6%
1.7%
7.9%
234700
30354
0.3%
2.2%
9.0%
245000
44074
0.7%
1.4%
0.7%
123900
37366
0.9%
3.0%
9.4%
104900
16986
0.4%
1.9%
7.8%
173500
50985
1.5%
3.5%
13.2%
150700
23738
0.2%
0.5%
6.3%
239300
51040
-1.0%
-1.9%
12.3%
89200
10484
0.0%
1.1%
5.5%
172400
43599
1.0%
2.8%
10.9%
153400
30611
0.4%
0.3%
12.3%
197800
15007
0.9%
1.7%
13.6%
255600
37652
1.1%
3.1%
9.9%
147200
51202
-0.1%
-0.7%
5.3%
590000
10669
-0.3%
2.9%
8.3%
71800
395497
0.5%
1.4%
6.5%
374200
37757
0.7%
2.1%
9.0%
200200
10721
0.4%
1.8%
7.1%
117200
50414
-0.2%
0.3%
5.8%
185500
10751
0.4%
2.4%
9.5%
166600
4045
-0.2%
0.1%
10.1%
180400
41956
-2.5%
-3.7%
3.5%
169700
17426
1.3%
3.7%
14.7%
187200
55487
0.1%
-0.2%
9.3%
80800
44572
1.3%
2.9%
4.7%
113500
44597
0.7%
2.4%
14.6%
103600
30909
0.8%
2.5%
13.5%
401400
14849
-0.1%
-1.3%
5.8%
110400
17622
-0.2%
1.1%
9.6%
130700
17624
-0.2%
1.2%
16.7%
106900
24269
-0.7%
-1.1%
-3.9%
138700
31125
0.6%
1.2%
4.9%
172100
4271
-0.2%
0.6%
8.3%
162300
44861
0.1%
0.6%
9.4%
281500
31197
0.5%
0.9%
9.8%
449600
55433
0.4%
1.9%
4.5%
124300
17761
0.6%
1.8%
12.9%
205000
8671
-0.5%
-1.0%
8.0%
78300
24420
0.4%
1.3%
8.9%
296000
4446
0.1%
1.4%
1.9%
190800
28833
0.7%
-1.4%
6.2%
71400
17943
0.1%
1.5%
8.2%
135800
24568
1.0%
3.5%
15.5%
223900
4568
-0.1%
0.2%
11.0%
342800
11311
0.4%
-1.0%
7.2%
181300
18025
0.6%
1.7%
9.0%
287300
11366
0.1%
-0.6%
7.6%
149800
29979
-0.1%
0.2%
8.2%
201300
11475
-0.3%
-1.7%
6.5%
151600
18186
-0.4%
-0.9%
0.3%
277300
28419
0.9%
2.8%
9.9%
141800
45401
0.8%
-0.3%
16.5%
65600
18263
0.8%
2.4%
8.1%
286500
24872
0.5%
1.7%
11.2%
330300
28578
0.1%
1.0%
8.6%
920700
24877
0.7%
1.7%
9.6%
149000
38718
0.8%
3.4%
17.0%
477800
31841
0.2%
1.1%
7.6%
179600
42427
1.5%
3.5%
8.9%
130300
5019
0.2%
1.0%
7.4%
210700
52390
0.4%
0.5%
5.2%
77400
45645
0.1%
1.1%
12.1%
153500
49397
-1.2%
-2.3%
5.6%
109000
45676
0.0%
0.0%
3.0%
54700
5087
-0.2%
-0.5%
15.6%
218900
28425
0.0%
-1.5%
4.5%
89000
45705
-1.0%
-1.4%
1.0%
166000
25109
0.3%
0.1%
3.9%
179700
396711
1.5%
2.0%
2.4%
142200
55741
0.3%
1.3%
8.5%
473300
45754
0.3%
-0.6%
1.1%
122700
11926
0.8%
2.4%
13.2%
782700
25145
0.7%
0.2%
4.8%
120600
28533
0.9%
2.4%
15.7%
217200
18612
-0.3%
0.3%
4.2%
270400
45795
0.9%
2.0%
3.2%
124100
8587
-0.2%
0.6%
6.8%
200800
12053
-0.5%
-0.0%
6.2%
553500
45903
-0.0%
-0.1%
3.3%
245500
32238
0.6%
3.0%
7.2%
111700
35727
1.3%
2.8%
7.6%
152000
39220
12238
0.5%
1.7%
9.6%
384300
32352
1.6%
2.9%
12.3%
279500
35491
0.4%
1.4%
9.6%
782300
25476
0.3%
-0.4%
3.5%
75900
46125
0.2%
0.7%
9.1%
291500
5498
-0.2%
0.7%
10.2%
169800
28517
0.7%
0.8%
5.1%
96000
25548
0.3%
1.7%
7.4%
315800
32492
0.2%
0.4%
9.9%
358300
25600
0.1%
0.5%
10.7%
417900
19026
0.3%
-0.1%
13.4%
304900
39442
0.3%
0.5%
8.4%
172400
32522
0.0%
0.7%
6.6%
245800
46285
-0.4%
-0.7%
0.6%
165900
12426
0.7%
2.7%
12.6%
216500
12433
0.1%
0.5%
6.5%
623400
19113
0.7%
1.7%
6.5%
166600
23111
0.3%
0.4%
-2.0%
129600
16400
0.5%
1.9%
11.0%
130600
25726
-0.4%
0.3%
3.6%
196500
25753
0.1%
0.6%
2.4%
154900
25758
-0.8%
-2.0%
9.9%
64600
35945
1.1%
0.8%
1.7%
128100
35973
-0.1%
0.9%
7.5%
116100
25828
0.1%
1.6%
6.5%
136900
53260
0.1%
0.3%
-0.2%
135900
19328
1.1%
2.6%
5.5%
112300
50540
-0.2%
1.1%
11.9%
119500
32911
-0.2%
-0.8%
2.6%
247400
19441
0.4%
1.0%
9.1%
137800
25987
0.2%
1.8%
5.7%
163200
6055
0.7%
2.3%
18.4%
253600
39899
0.3%
-0.0%
11.6%
258800
39916
0.3%
1.2%
7.2%
165800
26044
-0.1%
1.6%
3.9%
206600
39931
0.3%
0.9%
8.9%
351400
29044
-0.4%
0.2%
3.6%
224900
53581
0.7%
1.8%
15.4%
233200
26165
1.1%
2.5%
14.6%
233700
26169
0.4%
1.5%
9.7%
182900
33145
-2.2%
-4.7%
0.4%
79400
33178
0.1%
0.5%
10.2%
485500
9085
0.1%
0.4%
11.0%
130500
13061
0.4%
-0.0%
4.1%
661900
16535
0.9%
1.9%
7.4%
163500
6267
0.1%
1.2%
9.7%
157500
6268
0.3%
-1.0%
7.9%
323200
33256
0.2%
-0.0%
4.6%
239700
26336
0.1%
0.1%
8.9%
214400
26362
0.9%
2.2%
16.9%
220500
6390
0.5%
1.1%
6.1%
230200
46975
-0.5%
-0.9%
7.4%
147400
28971
0.5%
2.5%
8.5%
349200
33328
-1.1%
-1.7%
8.1%
73100
33330
0.3%
1.6%
11.5%
345100
26534
0.1%
0.5%
9.4%
189400
19987
53969
-1.1%
-1.9%
3.3%
137700
35766
0.8%
3.2%
17.0%
200500
6728
0.3%
1.8%
7.6%
122500
26755
1.2%
2.5%
11.7%
117800
20191
0.1%
0.9%
7.0%
496300
40578
0.8%
2.0%
9.3%
152300
6783
0.0%
1.9%
13.0%
63600
49651
0.6%
2.0%
12.6%
350700
36955
0.8%
1.5%
11.2%
178400
47443
-0.4%
0.6%
6.0%
138200
29671
0.0%
0.9%
9.7%
210600
13608
-0.2%
0.6%
11.8%
155000
43240
0.5%
2.1%
6.7%
98100
13650
0.4%
1.9%
8.8%
231600
22891
-0.8%
0.8%
4.5%
248200
47532
36257
1.4%
4.6%
7.4%
164200
33889
0.7%
2.2%
12.9%
187500
40780
-0.2%
-0.1%
3.4%
191200
40782
0.3%
1.6%
13.0%
169800
20481
-0.1%
1.2%
12.1%
198100
20514
0.9%
1.5%
15.4%
239500
40958
27164
0.4%
1.0%
5.3%
165500
27174
0.0%
-1.1%
4.6%
118100
49831
-0.3%
-2.0%
-2.8%
89100
47876
0.3%
1.6%
12.5%
146900
15978
0.5%
2.3%
10.1%
227600
27318
0.5%
2.4%
1.2%
104100
27354
0.4%
1.4%
2.9%
146800
9969
0.6%
1.3%
5.8%
190800
41460
-2.2%
-3.4%
2.7%
187100
49927
0.6%
1.9%
12.4%
270600
7703
0.7%
2.5%
7.0%
194900
36409
0.2%
1.1%
4.1%
172400
41587
0.2%
1.0%
4.1%
88500
55100
0.6%
1.3%
7.3%
190100
27892
0.9%
2.3%
9.9%
185800
34773
-0.1%
1.0%
11.1%
464200
14588
-0.3%
-0.7%
3.4%
236100
15894
0.2%
0.6%
8.2%
293800
21272
1.5%
4.0%
12.0%
137800
41698
-1.0%
-5.5%
-2.1%
97800
55220
-0.3%
-2.9%
2.4%
172100
21319
-0.0%
0.6%
13.2%
611500
29308
0.2%
1.8%
0.6%
122800
7971
0.5%
1.3%
5.9%
247800
34876
0.0%
1.2%
8.0%
1066100
14697
0.3%
0.8%
5.1%
192900
55253
0.5%
1.7%
7.0%
218600
48574
-0.3%
0.8%
7.3%
130300
56647
-0.3%
-1.4%
-0.8%
124300
55288
0.3%
0.5%
8.9%
195600
41825
-0.2%
-0.8%
-4.7%
89100
 
Zillow Home Value IndexY-o-Y
Chicago Metro$177,8008.3%
Kankakee Metro$114,600-2.4%
Racine Metro$166,2000.1%
Whitewater Metro$156,2000.6%
Rockford Metro$94,000-1.2%
Mortgage Rates