New Construction0 views · 1 answer
Should I buy new construction or resale 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%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
There is no specific data here to tell you if new construction or resale is better. However, the current housing market in Chicago shows some trends that might influence your decision. Prices are up overall, and homes are selling fairly quickly.
Featured experts in this market
- View profile →
Michael Saladino
Keller Williams Realty
- View profile →
Joe Zimmerman
Keller Williams Realty
Related questions
- Is Chicago a buyer's market right now?
- Is Chicago a seller's market right now?
- Is Chicago inventory rising or falling?
- How is the Chicago housing market doing?
- Are home prices going up or down in Chicago?
- What are the best neighborhoods in Chicago for families?
- Is Chicago a good place to relocate to?
- Are there a lot of new construction homes in Chicago?