- 2 bd
- 1 ba
- 846 sqft

The average Chicago, IL home value is $334,030, up 5.2% over the past year, and homes go to pending in around 13 days. (Updated on )
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Typical Home Values: $334,030
1-Year Value Change: +5.2%
(Data through August 31, 2026)
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
The median home value in Chicago, IL is $334,030 as of August 2026. This represents a 0.8% increase compared to last month and a 5.2% increase year-over-year.
Home values in Chicago, IL have increased by 0.8% month-over-month and 5.2% year-over-year.
The median home value in Chicago, IL ($334,030) compares to: Cook County ($341,570), Illinois ($297,573), and the U.S. national median ($368,697).