All Home Types
Chicago, IL Housing Market
What is the housing market like in Chicago today?
Over the three months ending June 2026, Chicago home prices were up 7.4% compared to the same period last year, selling for a median price of $430K. On average, homes in Chicago sell after 46 days on the market compared to 49 days last year. There were 7,846 homes sold in June this year, up from 7,678 last year.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2026
Growth
% YoY
Chicago, IL
$429,766
+7.4%
United States
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Chicago Migration & Relocation Trends
In Jan '26 - Mar '26, 11% of Chicago homebuyers searched to move out of Chicago, while 89% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Chicago from outside metros.
- New York homebuyers searched to move into Chicago more than any other metro followed by Washington and San Francisco.
Where are people moving to Chicago from?
- 89% of Chicago homebuyers searched to stay within the Chicago metropolitan area.
- Cape Coral was the most popular destination among Chicago homebuyers followed by Milwaukee and Phoenix.
Where are people from Chicago moving to?
Number of People Moving to Chicago
least
most
People are moving to Chicago from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jan '26 - Mar '26 | ||
| 1 | 286 | ||
| 2 | 70 | ||
| 3 | 64 | ||
| 4 | 31 | ||
| 5 | 23 | ||
| 6 | 22 | ||
| 7 | 20 | ||
| 8 | 12 | ||
| 9 | 12 | ||
| 10 | 11 | ||
People are leaving Chicago for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jan '26 - Mar '26 | ||
| 1 | 1,511 | ||
| 2 | 1,346 | ||
| 3 | 1,187 | ||
| 4 | 1,104 | ||
| 5 | 986 | ||
| 6 | 842 | ||
| 7 | 822 | ||
| 8 | 766 | ||
| 9 | 742 | ||
| 10 | 638 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Transportation in Chicago
Learn about the walkability, bikeability, and transit-friendliness of Chicago
Very Walkable
Walk Score®
Good Transit
Transit Score®
Very Bikeable
Bike Score®
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