Talk Strategy, Not Just Listings.
OFFICE 676 N MICHIGAN AVE., #3010 CHICAGO, IL 60611
Talk Strategy, Not Just Listings.
Talk Strategy, Not Just Listings.
OFFICE 676 N MICHIGAN AVE., #3010 CHICAGO, IL 60611
Chicago prices up, sales down. The citywide median hit $390K, up 8.3% from September 2025, while closed sales fell to 1,656 from 1,812. With 2.1 months of supply, low inventory is still pushing prices up.
The north side is the tightest market in the region. Lincoln Park had 1.0 month of supply, Lake View 1.1 and West Town 1.2. Lincoln Park homes went under contract in a median of 7 days.
Bidding is alive in the north suburbs. The median Northbrook sale closed at 102.5% of list price and Highland Park at 102.3%; most other suburbs closed right at 100%.
Biggest year-over-year gains (30+ sales): Logan Square +39.1% (more single-family homes sold this year), Evanston +20.5%, Arlington Heights +15.0% and Glenview +14.7%.
Where buyers have room: the Near North Side (River North, Gold Coast, Streeterville) took a median 26 days to sell, closed at 98.8% of list and has 2.8 months of supply. The Near West Side median slipped 6.0%.
Get fully pre-approved before you tour in Lincoln Park, Lake View, West Town or the north suburbs. Good homes there are going in about a week, often at or above asking. Downtown condos and the West Loop are where you can still negotiate on price and credits.
With under 2 months of supply in most of these areas, a well-priced, well-prepared home is selling in one to two weeks. The market still punishes overpricing: on the Near North Side homes sat longer and sold below list. Price off this month's comps, not last spring's.
Median sold price and change vs. a year ago, homes sold, median days on market, sold-to-list price and months of supply. Click an area for its neighborhood guide and listings.
Long Grove / Lake Zurich / Kildeer / Hawthorn Woods guide & listings →
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Get the numbers for your area by email when each month's sales are final: prices, days on market and how many homes are for sale. If you own, we can include a free estimate of what your home is worth in this market. Fields marked * are required.
These are area-wide medians. Your home's value depends on its block, condition and this month's buyers. Get a free valuation from our team based on live comps.
In September 2026 the City of Chicago had about 2.1 months of supply (active listings divided by the average monthly closed sales over the last three months). Under 3 months is generally a seller's market, 3 to 6 balanced, and over 6 a buyer's market.
The median sold price for single-family homes, condos and townhomes that closed in the City of Chicago in September 2026 was $390K, up 8.3% from September 2025, across 1,656 closed sales.
Every month, after the previous month's closed sales are final in the MLS. Sign up above to get it by email.
Medians in smaller areas move with the mix of homes that sold that month. Areas with fewer than 30 sales are flagged as small samples. For a specific home, ask us for a free comparative market analysis.
Methodology. Closed sales of detached single-family homes and attached homes (condos, townhomes) with a closing date of September 1 to 30, 2026, compared with the same month in 2025; 2 to 4 unit buildings and land are excluded. Chicago neighborhoods are MRED community areas: Near North Side includes River North, Gold Coast and Streeterville; West Town includes Wicker Park, Bucktown and Ukrainian Village; Near West Side includes the West Loop. Days on market = median MLS market time. Sold-to-list = median of sold price divided by final list price. Months of supply = active listings divided by average monthly closed sales over the last three months. Based on information from Midwest Real Estate Data LLC (MRED) as of 2026-10-03. All data is deemed reliable but not guaranteed.
OFFICE 676 N MICHIGAN AVE., #3010 CHICAGO, IL 60611
OFFICE 676 N MICHIGAN AVE., #3010 CHICAGO, IL 60611