Chicago Home Prices Have Kept Pace With the US Since 2020

Chicago-area home prices kept pace with the US until 2008 and fell behind in the crash, then rose 58.1% from Q1 2020 against 60.5% for the US.

Harley Stout · Founder, Good Investment

11 Oct 202611 October 2026 · 4 min read

Chicago-area home prices are up 141% since 2000, against 213% for the US

Cumulative home price change since Q1 2000, quarterly, to Q2 2026

Show the numbers

Quarter	Chicago metro	United States
Q4 2000	+5.5%	+5.1%
Q4 2001	+12.9%	+12.5%
Q4 2002	+21.2%	+20.1%
Q4 2003	+30.7%	+28.5%
Q4 2004	+43.8%	+41.7%
Q4 2005	+59.0%	+57.7%
Q4 2006	+66.6%	+64.8%
Q4 2007	+65.3%	+62.9%
Q4 2008	+51.7%	+51.3%
Q4 2009	+37.0%	+43.4%
Q4 2010	+31.2%	+40.8%
Q4 2011	+22.9%	+36.1%
Q4 2012	+20.5%	+36.9%
Q4 2013	+23.5%	+42.8%
Q4 2014	+29.8%	+50.0%
Q4 2015	+34.3%	+57.6%
Q4 2016	+39.7%	+66.1%
Q4 2017	+43.8%	+75.1%
Q4 2018	+45.9%	+83.6%
Q4 2019	+51.6%	+92.9%
Q4 2020	+56.5%	+105.0%
Q4 2021	+74.3%	+141.9%
Q4 2022	+88.7%	+168.0%
Q4 2023	+102.9%	+182.0%
Q4 2024	+117.0%	+197.3%
Q4 2025	+131.2%	+207.6%
Q2 2026	+140.8%	+213.1%

This deep dive follows Chicago down a level at a time: the metro, Cook and the collar counties, the city's neighborhoods, and the homes inside them.

The 2007 peak

Prices climbed to 67.4% above their 2000 level by Q1 2007, then gave back 28.9% of their value before bottoming in Q2 2012.

Compare any two places

Our comparison explorer charts Chicago against the US, or any two places against each other, quarter by quarter since 2020. For one rival, see Chicago against Minneapolis.

Inside the metro

Inside the metro, Cook County and the five collar counties split apart after 2019. The next level of this deep dive breaks them out.

Next in the Chicago deep dive · Level 2 of 4Cook County Trailed All Five Collar Counties From 2019 to 2025Go one level down

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A model-generated estimate and analytical context, not investment advice. Investing? Score any property free.

Data sources. Market figures on this page use the Federal Housing Finance Agency's all-transactions house price index, in nominal terms.

Chicago-area home prices are up 141% since 2000, against 213% for the US: quarterly and not seasonally adjusted, for FHFA's Chicago-Naperville-Schaumburg, IL metropolitan division.

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