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.
  • $184,800
  • 8.1%Y-o-Y
  • Calculated 07/18/2014*
  • *Includes data and transactions through 06/30/2014
 
 
 
 
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This data is not available for Chicago Metro.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Jun 2014
394463
0.9%
0.4%
8.1%
184800
3319
0.9%
1.4%
7.5%
203000
10074
0.2%
1.6%
11.2%
213300
16736
1.2%
-0.7%
3.5%
134200
48668
1.2%
1.3%
5.9%
184900
50764
0.8%
1.5%
10.4%
311000
10215
2.6%
5.8%
18.1%
148200
16897
1.2%
0.4%
5.9%
754000
44042
0.9%
1.0%
7.1%
243400
30354
1.7%
4.0%
14.0%
264900
44074
0.2%
-0.5%
3.9%
128600
37366
0.8%
-3.5%
1.8%
103800
16986
1.1%
2.0%
9.9%
180600
50985
0.2%
-2.1%
10.4%
154000
23738
1.1%
2.4%
6.9%
251400
51040
0.1%
-4.6%
-3.0%
85300
10484
0.5%
2.4%
9.8%
184500
43599
-0.1%
-2.1%
7.5%
154400
30611
0.1%
-1.0%
7.9%
201100
15007
1.1%
2.1%
11.7%
273700
37652
1.2%
-0.2%
9.4%
151300
51202
0.8%
2.3%
7.4%
622900
10669
1.2%
-5.6%
0.7%
68600
395497
2.2%
5.5%
14.6%
411700
37757
1.1%
3.1%
11.4%
212500
10721
1.7%
3.5%
17.6%
125900
50414
0.4%
0.9%
7.8%
196000
10751
-2.0%
-5.5%
-3.3%
156800
4045
0.7%
2.1%
11.4%
192700
41956
-0.6%
-2.1%
-1.2%
165000
17426
1.0%
-2.4%
8.8%
186600
55487
1.1%
-1.8%
5.4%
82000
44572
-0.3%
-7.0%
-4.7%
107200
44597
0.1%
-4.3%
6.1%
102100
30909
2.1%
4.5%
15.0%
430100
14849
0.8%
-1.5%
1.8%
110900
17622
0.6%
-0.5%
7.1%
134900
17624
-2.0%
-11.1%
-4.8%
95000
24269
1.9%
7.6%
8.1%
156500
31125
-1.1%
-1.5%
0.6%
172100
4271
0.1%
1.4%
10.8%
171500
44861
0.6%
1.3%
8.1%
291000
31197
-0.2%
-0.9%
7.0%
464600
55433
3.0%
8.0%
16.4%
137700
17761
1.8%
2.2%
13.5%
215500
8671
-1.0%
-4.7%
-1.2%
77200
24420
0.5%
1.7%
8.9%
309000
4446
0.1%
1.6%
4.6%
198300
28833
-1.0%
-3.1%
1.8%
69500
17943
2.5%
3.8%
14.1%
146100
24568
1.0%
1.2%
14.2%
234900
4568
1.1%
2.4%
9.8%
360600
11311
2.0%
3.5%
7.8%
194200
18025
1.9%
2.8%
10.7%
305000
11366
0.8%
-0.9%
4.2%
152300
29979
2.6%
4.2%
8.4%
215900
11475
1.6%
0.3%
6.2%
156200
18186
2.5%
6.2%
9.1%
308200
28419
1.8%
-0.3%
6.1%
144900
45401
4.2%
10.8%
15.3%
71600
18263
1.0%
2.2%
11.9%
305300
24872
0.7%
2.5%
8.8%
347300
28578
-0.2%
-4.4%
1.8%
900100
24877
-0.3%
-1.3%
5.4%
150900
38718
1.0%
1.3%
14.0%
500800
31841
0.4%
-0.2%
6.7%
185500
42427
-0.5%
-1.7%
4.3%
127000
5019
0.1%
0.4%
7.9%
220400
52390
0.9%
3.0%
5.9%
79200
45645
1.7%
1.2%
9.3%
157000
49397
0.9%
-0.4%
6.1%
110900
45676
2.9%
0.5%
1.1%
56400
5087
1.5%
3.4%
14.2%
232600
28425
0.8%
-3.2%
-0.1%
86900
45705
0.1%
1.2%
1.2%
166700
25109
0.3%
-0.7%
3.6%
185100
396711
-0.1%
-0.4%
1.4%
142100
55741
-0.1%
-0.7%
8.2%
490000
45754
1.1%
-1.9%
0.2%
122900
11926
0.9%
1.8%
11.9%
818200
25145
-1.4%
-4.1%
-2.3%
114700
28533
1.0%
1.8%
13.6%
228700
18612
0.6%
0.7%
4.8%
282300
45795
2.4%
2.9%
9.3%
132100
8587
-0.3%
-1.2%
5.4%
206000
12053
1.7%
2.9%
8.8%
585500
45903
1.0%
2.2%
4.5%
256500
32238
0.8%
-0.2%
9.4%
116400
35727
1.3%
0.0%
6.4%
157000
39220
1.0%
2.1%
4.8%
116800
12238
0.7%
1.5%
9.1%
402700
32352
1.0%
1.1%
11.5%
295500
35491
-0.2%
-0.6%
7.7%
812100
25476
1.8%
4.9%
1.3%
78500
46125
0.9%
1.6%
9.0%
306900
5498
0.2%
0.8%
11.7%
178500
28517
2.0%
2.4%
5.2%
100600
25548
2.1%
5.3%
12.8%
344700
32492
0.0%
-0.4%
7.0%
372000
25600
0.2%
0.2%
10.0%
435200
19026
1.5%
0.9%
8.3%
314100
39442
0.7%
0.6%
7.9%
179300
32522
1.1%
3.1%
9.6%
260300
46285
1.2%
3.1%
4.6%
178400
12426
0.2%
0.6%
9.8%
223000
12433
0.1%
-0.2%
5.0%
646600
19113
-0.7%
-1.9%
-0.1%
164200
23111
4.4%
9.5%
5.5%
147000
16400
1.0%
-3.6%
1.4%
127100
25726
1.5%
-5.8%
-3.8%
186700
25753
1.6%
4.9%
10.7%
170600
25758
-1.0%
-9.9%
-8.8%
58100
35945
1.8%
3.2%
7.6%
138100
35973
0.4%
-4.4%
-1.9%
111700
25828
0.6%
1.6%
11.2%
144800
53260
3.2%
4.8%
7.9%
147400
19328
0.4%
0.4%
3.0%
112700
50540
0.9%
-2.5%
3.8%
117600
32911
1.0%
2.7%
5.9%
265500
19441
1.4%
3.5%
9.0%
146000
25987
2.6%
7.6%
16.3%
176400
6055
0.6%
0.8%
14.2%
263300
39899
1.3%
3.0%
10.4%
274300
39916
0.3%
-0.3%
6.9%
172500
26044
-2.0%
-3.7%
-2.7%
198700
39931
0.4%
1.3%
7.6%
365800
29044
1.3%
3.3%
7.0%
241900
53581
1.2%
1.3%
13.6%
242600
26165
0.7%
0.7%
14.0%
244700
26169
1.3%
2.3%
12.5%
194600
33145
2.8%
-0.1%
-2.3%
81500
33178
1.7%
3.7%
10.4%
522200
9085
1.1%
-2.6%
3.6%
129300
13061
0.9%
2.9%
7.1%
698400
16535
0.7%
1.2%
7.7%
171300
6267
-0.2%
-2.8%
3.7%
156000
6268
1.0%
2.1%
5.7%
341100
33256
1.0%
1.1%
3.3%
249700
26336
-0.3%
0.4%
3.6%
220000
26362
1.3%
2.3%
11.4%
231900
6390
1.1%
1.8%
8.3%
242600
46975
0.0%
-2.7%
3.3%
145800
28971
1.4%
1.9%
7.1%
360300
33328
2.8%
0.0%
2.8%
73200
33330
1.4%
3.4%
13.6%
369100
26534
0.8%
4.5%
14.4%
209300
19987
0.4%
1.3%
1.7%
192300
53969
0.2%
-0.2%
-0.4%
136200
35766
1.8%
-0.5%
12.2%
203800
6728
-0.4%
-2.1%
2.4%
118800
26755
0.9%
-0.4%
10.6%
120500
20191
2.0%
3.8%
8.3%
529100
40578
1.6%
0.6%
7.3%
157200
6783
-0.7%
-10.9%
-0.7%
57200
49651
0.6%
0.8%
8.1%
363200
36955
0.7%
-0.5%
6.5%
184400
47443
0.8%
-0.5%
5.5%
142000
29671
1.0%
1.3%
8.3%
216900
13608
1.2%
2.7%
11.9%
165600
43240
1.0%
1.3%
10.8%
103900
13650
0.8%
1.5%
11.0%
243900
22891
-0.9%
-2.1%
1.1%
244800
47532
0.1%
1.6%
4.8%
178900
36257
-0.2%
-1.0%
9.4%
165600
33889
1.0%
0.2%
9.5%
193500
40780
-0.7%
-0.7%
0.5%
192700
40782
1.0%
0.1%
9.3%
173500
20481
0.4%
4.4%
15.5%
217600
20514
-0.1%
-1.7%
8.2%
243100
40958
0.2%
4.3%
7.4%
174800
27164
1.9%
3.3%
9.8%
177800
27174
1.8%
0.1%
2.0%
119800
49831
3.4%
2.6%
-2.4%
93400
47876
1.8%
3.0%
14.0%
156000
15978
1.6%
3.1%
13.8%
242600
27318
2.7%
-2.5%
-1.3%
103300
27354
2.0%
5.4%
11.5%
158300
9969
0.4%
-0.9%
3.8%
194100
41460
-0.6%
-2.2%
-1.8%
181900
49927
0.2%
-0.3%
9.5%
281100
7703
1.6%
2.8%
8.6%
206200
36409
1.3%
2.3%
6.0%
179800
41587
1.8%
2.5%
10.0%
94800
55100
2.4%
5.9%
12.7%
206000
27892
0.4%
-1.0%
9.2%
189100
34773
1.2%
1.7%
10.7%
484400
14588
0.4%
-0.2%
2.0%
240900
15894
0.9%
2.9%
9.4%
310200
21272
0.9%
-0.8%
9.1%
140000
41698
-2.4%
-6.2%
-14.1%
89300
55220
0.7%
0.8%
-0.5%
176000
21319
0.1%
-1.7%
6.4%
616700
29308
0.9%
5.1%
11.8%
136100
7971
1.3%
3.2%
7.8%
261200
34876
0.3%
-2.6%
2.9%
1056300
14697
0.3%
0.9%
5.6%
199500
55253
1.5%
2.9%
9.6%
230500
48574
1.5%
2.6%
12.3%
138800
56647
1.3%
0.3%
0.7%
126800
55288
-0.4%
-0.7%
2.3%
199800
41825
1.3%
2.2%
1.5%
95600
 
Zillow Home Value IndexY-o-Y
Chicago Metro$184,8008.1%
Kankakee Metro$115,5005.0%
Racine Metro$170,6002.0%
Whitewater Metro$169,50012.0%
Michigan City Metro$121,800-4.9%
Rockford Metro$97,3003.0%
Mortgage Rates
 
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