Explore the historical trends of the Chicago housing market. Understanding past market behavior can help you make informed decisions about buying or selling a home. Below is a chart that shows average home prices over the past decade.
This chart shows the average home prices in Cook County from 1995 to 2020. The sharp increase in the data refers to the hosuing market crash. As seen, the market has corrected itself since then. In fact, prices are lower than they have been in recent years. Now would be a great time to buy a home!