Chicago, IL Real Estate Market Summary – September 7, 2026
In Chicago, IL, a total of 2,023 homes were sold over the last 30 days, averaging around 67 sales per day. The homes had an average living area of approximately 1,809 square feet and a median sale price of $400,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 2023 |
| Sold Per Day | 67.43 |
| Average SQFT | 1809 |
| Median Sales Price | $400,000 |
| Average Sales Price | $548,073 |
| Average Price Per SQFT | $519 |
| Average Days on Market | 17 |
| Average Year Built | 1956 |
Chicago, IL Single Family Home Analysis
For single-family homes, there were 665 transactions with an average living area of 1,924 square feet. The median price for these homes was $350,900, and they averaged 17 days on the market before completion.
| Metric | 30 Days |
|---|---|
| Number Sold | 665 |
| Sold Per Day | 22.17 |
| Average SQFT | 1924 |
| Median Sales Price | $350,900 |
| Average Sales Price | $550,181 |
| Average Price Per SQFT | $757 |
| Average Days on Market | 17 |
| Average Year Built | 1942 |
Chicago, IL Condo & Townhome Analysis
In the condo and townhome segment, 1,086 units were sold, featuring an average living area of about 1,695 square feet. The median sale price in this category was $413,500, with homes typically spending 17 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 1086 |
| Sold Per Day | 36.20 |
| Average SQFT | 1695 |
| Median Sales Price | $413,500 |
| Average Sales Price | $548,609 |
| Average Price Per SQFT | $352 |
| Average Days on Market | 16 |
| Average Year Built | 1975 |
Buyer & Seller Analysis
- Average days on market: 17 days
- Median sale price for all homes: $400,000
- Single-family homes had a median sale price of $350,900
- Condo and townhome median sale price reached $413,500
Conclusion
Overall, the Chicago real estate market shows significant activity with a wide range of properties sold. These trends indicate ongoing engagement across different home types in the area.