This Windy City has Willis Tower, historic Wrigley Field, and delicious pizza. The bustling metropolis contrasts with its more traditional suburban landscape.

Housing Data

33,500

Jobs Created
.7%

$72,869

Median Household Income
3.0%

17,814

Total Housing Permits
-1.8%

440

Total Number of Projects
-7.2%

$350,201

SFD New Home List Price
-2.6%

0

New Home Sales
19.7%
Monthly

Market Health

Chicago s population is 9.5M, with a total workforce of 4.8M. The labor market grew by 33,500 jobs over the past year, up by 0.7%. The median household income in Chicago is $72,869, 3.0% higher than last year and 15.3% above the national average of $63,179.
In the housing market, total permits issued totaled 17,814 over the last twelve months, down -1.8% year-over-year. Chicago has 440 active new home projects on the market, 7.2% fewer than the 474 from last year. The average list price in the market is $350,201, 2.6% lower than last year and 0.6% above the national average. Over the last three months, new home contracts increased by 19.7% to 1,323. Chicago and Joliet had the highest concentration of the new home contracts in the Chicago market.

Our Experts

Work with leaders in the industry.

Tim Sullivan

Senior Managing Principal

Tim Sullivan

Senior Managing Principal


Get In Touch

We actively seek out exciting new real estate challenges. We'd love to start a conversation about any of our services with you.

Browse Services Get In Touch

Services Information Request

You’re on your way to meeting our team! We’ll be in touch soon to help push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy

Tech Services Sign Up

You’re on your way to meeting our team! We’ll be in touch soon to help push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy

Zonda Information Request

You’re on your way to meeting our team! We’ll be in touch soon to help push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy

Newsletter Sign Up

Get housing market updates, new blog posts and event alerts. We'll keep you up to date with the latest news.
By clicking this button, you agree to our
Terms & Privacy Policy

Learn More About Our Products & Services

You’re on your way to meeting our team! We’ll be in touch soon to help push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy