Chicago-Naperville-Elgin, IL-IN-WI Metro Area Housing Market Forecast 2026–2027

Chicago-Naperville-Elgin, IL-IN-WI home values are up 4.5% YoY — what's next?

OpenRoof Score

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Key Market Data — Chicago-Naperville-Elgin, IL-IN-WI

Median Home Value

381,764

Source: Zillow ZHVI

Home Value YoY

4

Source: Zillow ZHVI

Avg Monthly Rent

2,073

Source: Zillow ZORI

Rent YoY

4

Source: Zillow ZORI

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Data sources: Zillow ZHVI (home values, updated mid-month), Zillow ZORI (rent, updated mid-month), Realtor.com (inventory, days on market, updated 1st week of month), U.S. Census ACS (income, population, updated annually). Data as of June 2026.