Search homes for sale in Chicago, known for its jaw-dropping architecture, vibrant music scene, amazing food, and iconic neighborhoods.
The Chicago housing market is somewhat competitive, with homes receiving an average of three offers and selling in about 49 days. The median home sale price rose to $402K last month, up 4.3% year-over-year, while the median price per square foot increased to $291, up 3.2% since last year. These gains reflect steady demand and moderate price growth, suggesting that while buyers have some negotiating room, desirable and well-priced homes continue to attract multiple offers and sell at a healthy pace.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In June 2025, the Chicago housing market showed steady growth, with home prices up 4.3% year-over-year and a median sale price of $402K. Homes sold slightly faster, averaging 49 days on the market compared to 54 days last year, indicating stronger buyer activity. Sales volume also increased, with 2,666 homes sold this June versus 2,568 a year ago. This combination of rising prices, quicker sales, and higher transaction volume suggests healthy demand and a stable, somewhat competitive market where well-priced homes continue to move at a consistent pace.
The Chicago housing market is somewhat competitive, with homes typically selling in about 49 days. Most properties sell around the list price, reflecting steady but not overly aggressive buyer activity. However, desirable and well-priced homes can generate multiple offers, selling for up to 4% above asking and going pending in as little as 29 days. This indicates that while buyers generally have time to evaluate options, competition remains strong for standout properties.
Chicago, IL was a seller’s market in June 2025, indicating that buyer demand outpaced available housing inventory. This imbalance favored sellers, as limited supply increased competition among buyers, often leading to quicker sales and stronger offers. Well-priced, desirable homes were more likely to attract multiple bids and sell near or above the asking price, while buyers faced increased pressure to act quickly in this competitive environment.
For detailed, up-to-date information on buying a house in Chicago, including legal considerations and market trends, you can talk to us.
When looking at homes for sale in Chicago, it's important to consider your lifestyle, desired neighborhood, and proximity to amenities like schools, public transportation, and work. Chicago is known for its diverse neighborhoods, each offering unique characteristics—from urban lofts in the West Loop to family-friendly homes in Lincoln Park. Partnering with a local real estate agent can help you navigate the market and find the best fit for your needs.
Yes, Chicago offers a wide variety of property types, from single-family homes and condos to townhouses and multi-unit buildings. Whether you're seeking a sleek high-rise downtown or a classic brownstone, the city has something for everyone. Exploring the various options in Chicago homes for sale can help you decide which type of property best suits your lifestyle and budget.
While not required, working with a real estate agent is highly recommended when purchasing homes for sale in Chicago. A local agent can provide valuable insights into the neighborhoods, help negotiate the best price, and guide you through the complex paperwork and legal aspects of buying a home. Their expertise is particularly useful in a competitive market like Chicago.
To attract buyers and sell quickly, it's important to prepare your home by decluttering, making necessary repairs, and enhancing its curb appeal. Buyers looking for Chicago homes for sale are often drawn to properties that are move-in ready. Staging your home can also help it stand out in a competitive market, making it more appealing to potential buyers.
On average, homes in Chicago sell in about 54 days, though this can vary based on factors like location, condition, and pricing. Well-priced homes in desirable areas can go pending even faster, especially "hot" homes, which may sell within 35 days. It's important to work with a real estate agent to set the right price and develop an effective marketing strategy for your Chicago home for sale.
Sellers in Chicago can expect to pay a variety of closing costs, including real estate agent commissions, title insurance, and attorney fees. These costs typically range between 6-10% of the sale price. Understanding these expenses upfront can help you better plan for the sale of your property and maximize the return on your Chicago home for sale.
Have questions or interested in exploring homes for sale in Chicago? Our expert team is here to help guide you through the process and find the perfect property. Don't wait—reach out to us now to start your Chicago real estate journey!
Dive into our detailed neighborhood guide to discover everything Chicago has to offer. Whether you're searching for homes for sale in Chicago or just curious about the different areas, our guide will help you find the ideal spot to call home. Start exploring now and find the neighborhood that fits your lifestyle!
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Jeff will do his best to have your selling or buying experience as fun and stress-free as possible. He is very flexible and very easy to work with. After all, your needs come first!