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Median Home Price in Chicago, IL

The median home value in Chicago, IL is $335,521 as of 2026-06-30, up 3.94% from a year earlier.

Median Home Value

$335,521

Year-over-Year

+3.94%

Population

2,638,698

Chicago ranks #123 of 279 Illinois cities tracked here by median home value, and sits 5.4% above the state's city median of $318,423. It sits in Cook County, where the county-wide median is $343,350.

Crime in Chicago

Chicago police recorded a violent crime rate of 540 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 3,472 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Chicago

How much does a house cost in Chicago, IL?

The median home value in Chicago is $335,521. That's up 3.94% from a year earlier. That is about 5.4% above the typical county in Illinois.

Is Chicago expensive compared to the surrounding area?

Homes in Chicago are cheaper than Cook County as a whole, where the median is $343,350 — a difference of about 2.3%.

Is Chicago a safe place to live?

Chicago police reported 540 violent crimes per 100,000 residents, covering a population of about 2,638,698. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.