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Market Update

Chicago Real Estate
Market — May 2026

The Chicago metro remains a seller's market with inventory up 12% year-over-year. Demand from out-of-state buyers and strong local employment continue to support prices, especially in North Shore suburbs.

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$385K

Median Sale Price

+4.2% vs last year

28

Avg. Days on Market

↓ 6 days vs last year

98.4%

List-to-Sale Ratio

Sellers getting near ask

2.1mo

Inventory Supply

Firm seller's territory

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