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What’s Really Happening with Home Prices in Chicago?
Home prices in Chicago have been rising steadily for the last three years, with a slight dip in 2020. This year, there's been a significant uptick in both median home prices and average home prices in the city.

The median home price for single-family homes increased by 9% between the first quarter of 2021 and the first quarter of 2022, while the average home price increased by 5%. The average price per square foot also increased by 6%.

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How Home Prices Are Impacting The Chicago Real Estate Market.

Home prices in Chicago have been steadily rising for the past few years. This trend is expected to continue, but at a slower pace than before.

 

Read our latest blog to learn more.