In 2026, Chicago's median home price is $388,918, up 5.1% year-over-year and 3.7% month-over-month, marking a 52.5% increase since 2019. Nationally, the median price is $396,173, rising 2.4% year-over-year and 1.6% month-over-month, a 55.4% increase since 2019. The housing market is gradually resetting with improving affordability as price growth slows and wages rise.