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
    The number of homes in the Chicago Metro per 10,000 that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.
  • 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.
  • $161,000
  • -0.2%Y-o-Y
  • Calculated 05/15/2013*
  • *Includes data and transactions through 04/30/2013
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This data is not available for Chicago Metro.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Apr 2013
394463
0.1%
-0.9%
-0.2%
161000
3319
-0.2%
-2.5%
5.1%
171600
10074
0.7%
1.3%
0.3%
188100
16736
48668
1.8%
2.5%
-1.6%
161800
50764
0.6%
0.9%
6.1%
267800
10215
0.3%
4.2%
4.8%
127700
16897
44042
0.3%
-0.8%
2.1%
217600
30354
0.3%
2.8%
10.7%
240900
44074
0.0%
0.7%
-0.6%
118900
37366
16986
-2.2%
-6.8%
-7.6%
152900
50985
23738
2.4%
3.9%
6.2%
223600
51040
10484
-1.9%
-3.9%
-1.8%
159000
43599
30611
-0.3%
-0.2%
-3.3%
171000
15007
2.1%
4.5%
9.9%
230700
37652
51202
0.7%
1.2%
5.7%
563200
10669
395497
0.9%
5.2%
3.4%
361500
37757
1.4%
2.9%
5.5%
178800
10721
-2.6%
-2.0%
-6.2%
103400
50414
1.8%
3.9%
-1.4%
173100
10751
4045
-0.1%
-2.7%
-11.1%
157800
41956
1.6%
4.8%
11.2%
171200
17426
-1.4%
-3.9%
-3.2%
159200
55487
44572
44597
30909
1.1%
-0.1%
1.1%
365500
14849
17622
0.1%
-1.7%
-3.8%
112800
17624
24269
-3.8%
-9.5%
-7.0%
133800
31125
4271
1.3%
2.8%
-0.5%
149100
44861
2.5%
3.3%
0.7%
253500
31197
1.9%
3.9%
10.9%
404000
55433
0.4%
-1.0%
-7.3%
114900
17761
8671
24420
0.7%
0.8%
4.6%
278700
4446
28833
17943
0.1%
3.2%
5.1%
128700
24568
0.6%
0.5%
-0.6%
200500
4568
-1.0%
-3.4%
8.2%
309300
11311
18025
11366
29979
0.5%
1.0%
3.4%
189900
11475
18186
-2.6%
-5.0%
-7.7%
261800
28419
0.9%
2.2%
0.3%
127200
45401
18263
0.9%
3.9%
3.6%
280200
24872
1.1%
1.3%
8.2%
304700
28578
24877
0.1%
0.3%
2.5%
133200
38718
2.0%
2.9%
7.0%
405100
31841
1.7%
3.1%
-1.9%
165200
42427
5019
1.8%
3.9%
6.7%
193100
52390
45645
1.2%
1.5%
4.8%
136700
49397
1.5%
3.0%
0.4%
97100
45676
5087
28425
45705
1.0%
3.2%
7.5%
175600
25109
1.4%
4.5%
8.1%
177000
396711
55741
1.3%
2.9%
6.2%
423800
45754
11926
1.7%
0.8%
-3.6%
647600
25145
28533
1.2%
2.6%
1.8%
190900
18612
-1.6%
-5.3%
-0.7%
253800
45795
8587
1.9%
3.9%
1.4%
186100
12053
0.7%
1.1%
2.8%
518300
45903
0.4%
-1.6%
0.4%
226100
32238
35727
39220
-1.4%
-1.5%
-8.8%
104700
12238
1.6%
2.0%
11.4%
352800
32352
2.5%
4.7%
8.3%
258400
35491
2.4%
4.5%
4.9%
699400
25476
46125
1.6%
4.8%
4.3%
264000
5498
1.6%
2.5%
-0.2%
155100
28517
25548
0.5%
-0.8%
3.2%
299400
32492
0.9%
0.7%
6.9%
333600
25600
1.6%
3.7%
9.2%
377300
19026
39442
1.7%
4.3%
3.3%
156200
32522
0.2%
-0.7%
-1.2%
227100
46285
-0.7%
-4.1%
-4.0%
160100
12426
0.7%
-0.1%
0.5%
189800
12433
1.2%
2.0%
7.1%
591600
19113
23111
2.6%
6.1%
9.5%
133100
16400
25726
1.3%
-0.7%
-10.7%
173400
25753
1.0%
-0.6%
-9.0%
142100
25758
35945
35973
25828
0.5%
0.0%
-2.3%
128100
53260
-0.6%
-1.3%
-4.5%
131800
19328
50540
32911
-0.7%
-2.8%
1.1%
225800
19441
2.3%
4.1%
3.7%
123400
25987
1.7%
3.4%
-5.9%
147300
6055
39899
1.8%
4.0%
4.2%
232900
39916
2.0%
5.5%
4.4%
150700
26044
39931
1.2%
1.7%
7.5%
327400
29044
-2.1%
-6.0%
-4.4%
208300
53581
26165
26169
0.7%
5.4%
3.5%
176500
33145
-3.3%
-5.0%
-6.6%
72200
33178
1.9%
3.8%
9.4%
434600
9085
13061
2.2%
5.4%
3.9%
569800
16535
6267
-0.6%
-0.7%
3.8%
148300
6268
1.3%
3.3%
7.6%
302700
33256
1.2%
2.5%
5.9%
239300
26336
2.5%
4.2%
5.8%
197100
26362
0.8%
1.3%
1.5%
189500
6390
0.6%
1.1%
1.5%
225000
46975
28971
2.9%
6.4%
8.3%
332300
33328
33330
1.8%
3.1%
4.6%
318200
26534
-1.4%
-3.5%
-4.3%
167700
19987
-1.1%
-1.0%
-2.5%
180800
53969
2.0%
5.7%
9.0%
144600
35766
6728
26755
20191
40578
6783
49651
2.2%
6.3%
9.5%
325000
36955
1.1%
2.7%
6.5%
162900
47443
-2.9%
-5.2%
-6.2%
121900
29671
0.3%
-2.7%
-1.4%
188600
13608
0.8%
2.2%
2.4%
138200
43240
-2.5%
-3.4%
-6.1%
87400
13650
0.6%
4.0%
6.3%
227100
22891
47532
-2.4%
-6.4%
-6.6%
161000
36257
-0.7%
-2.1%
-7.6%
132400
33889
2.1%
2.9%
8.6%
179400
40780
40782
0.5%
1.5%
3.3%
149400
20481
-0.3%
-1.7%
-0.7%
172100
20514
40958
-1.3%
-2.0%
-8.8%
157300
27164
1.4%
6.3%
4.7%
162900
27174
49831
47876
0.8%
1.2%
2.3%
130500
15978
1.0%
4.2%
6.9%
223400
27318
27354
-0.1%
-0.9%
-4.5%
139400
9969
1.5%
1.5%
0.9%
184400
41460
1.6%
4.3%
7.8%
185800
49927
1.4%
3.8%
3.9%
238400
7703
0.5%
-1.1%
-1.7%
173100
36409
-1.4%
-2.9%
-2.7%
157500
41587
-0.5%
0.8%
-8.9%
83300
55100
-1.1%
-4.4%
-7.8%
166300
27892
-0.7%
-2.0%
-5.0%
167800
34773
14588
0.9%
0.7%
2.0%
209700
15894
1.9%
3.2%
8.2%
276000
21272
0.9%
2.5%
2.1%
122300
41698
55220
0.4%
1.4%
13.6%
163600
21319
29308
-3.4%
-11.1%
-10.6%
111500
7971
0.1%
-1.1%
-0.4%
222000
34876
14697
0.6%
-2.1%
1.2%
178000
55253
0.4%
-0.4%
-0.2%
195100
48574
0.9%
0.9%
-4.5%
117200
56647
55288
2.6%
3.1%
3.5%
180300
41825
-1.3%
1.4%
-1.7%
89100
Zillow Home Value IndexY-o-Y
Chicago Metro$161,000-0.2%
Racine Metro$123,300-3.5%
Rockford Metro$87,600-7.9%
Mortgage Rates