As of September 2023, the average value of a single-family home in the Chicago area was just over $370,000 — about $20,000 above the U.S. average. But in parts of the area, home prices soar far higher ...

Good news for Chicago homeowners and bad news for potential buyers: Home values went up last year. Property values surged in almost every corner of the Windy City in 2024, with the citywide average ...