New Construction0 views · 1 answer

Are there a lot of new construction homes in Chicago?

Chicago snapshot

As of the latest 2026 data
Median listing
$389K
YoY +0.0%
Active inventory
15,929
YoY -0.1%
Median DOM
36
YoY -0.0%
Pending ratio
0.69
YoY -0.0%
Price-reduced
16.3%
YoY -0.0%
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Primpted Housing Analyst

Data-backed

Primpted research desk

There is no specific data available about new construction homes in Chicago in the information provided. The numbers we have focus on the overall housing market. This means I can't directly answer your question about new construction.However, we can look at some general market trends. The total number of homes for sale right now is 15,929. This is slightly fewer than last year, down by 5.3%. The number of new homes coming on the market is 8,962, which is also a decrease of 7.8% compared to a year ago. Homes are selling a bit faster, staying on the market for a median of 36 days. This is 4.0% less time than they took to sell last year. The median listing price is $389,450, which is up 4.6% over the past year. Overall, the market shows fewer homes available and quicker sales, suggesting a competitive environment for buyers. If you are looking for new construction, you might want to consult a local real estate agent who specializes in those properties.

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