- City in Illinois
Chicago Real Estate Market
About Chicago Real Estate
grade C minus
Based on home values, property taxes, housing costs, local schools, and more.
Rent vs. Own
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Real Estate Costs
Median Home Value
28%of residents say housing is affordable. 2,960 responses
54%of residents say the exterior quality of homes is good or excellent. 206 responses
50%of residents say the interior quality of homes is good or excellent. 206 responses
50%of residents say there is a good variety of homes. 206 responses
51%of residents say there are a few vacant or abandoned properties here and there. 206 responses
25%of residents say that parking is readily available. 206 responses
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Homes in Chicago have a median value of $277,600. The median rent price in Chicago is $1,209 and most residents rent their homes. Chicago is very walkable, and there are a lot of bars, restaurants, coffee shops, and parks nearby.