Chicago Real Estate Market Update: September 2026
September brought another month of shifting conditions in the Chicago-area real estate market. While fewer homes sold compared to this time last year, home prices continued to climb, highlighting a market where both buyers and sellers need to be strategic. September 2026 By the Numbers According to September’s market report: 6.2% decrease in September’s closed-sales... More
Chicago Real Estate Market Update: August 2026
August brought an interesting combination of trends to the Chicago real estate market: fewer homes are selling, but prices continue to rise. In the Chicago metro area, the number of homes sold fell 11.3% compared with August 2025, while the median sales price increased 5.5% year over year. Statewide, Illinois followed a similar pattern, with... More
Chicago Real Estate Market Update: July 2026
The July numbers are in, and one trend stands out: home prices continue to rise even as fewer homes are changing hands. Compared with July 2025, median home prices increased 7.5% in both Illinois and the Chicago metro area. At the same time, the number of homes sold declined 3.0% statewide and 1.2% across the... More
Chicago Real Estate Market Update: May 2026
The spring market continues to move quickly across Chicagoland, with home prices remaining strong and well-prepared homes attracting serious buyer interest. While the overall number of homes sold remained relatively flat compared to last year, buyers and sellers are still finding success with the right strategy. What This Means for Buyers Buyers are seeing more... More
Chicago Real Estate Market Update: April 2026
The April 2026 housing market across Chicago and the surrounding suburbs continued to show signs of a shifting — but still active — market. While inventory levels are increasing and the number of homes sold dipped slightly compared to last year, home prices remain strong throughout Chicagoland. For buyers and sellers alike, the current market... More
January 2026 Chicago Real Estate Market Snapshot
January 2026 marked an important moment in Chicago’s real estate market — a shift toward balance after several years of strong seller conditions. While inventory remains tight in many areas, activity is picking up and opportunities are emerging for both buyers and sellers who are prepared and informed. Here’s a quick look at what the... More
IRPINO Real Estate’s 2025 Annual Report: State of the Chicagoland Real Estate Market
We are so excited to provide you with something of significant value — our 2025 Annual Report for the Chicago Real Estate Market. Here at IRPINO Real Estate in Chicago, we are proud to not only be your local Uptown, Chicago real estate broker, but also a knowledge broker providing helpful information about the state... More
Urban vs. Suburban: Comparing Wicker Park Homes to Oak Park Real Estate for Families
Is the vibrant culture of Wicker Park a better fit, or should your family prioritize the excellent schools and historic homes of Oak Park? This guide from IRPINO Real Estate breaks down the crucial differences in lifestyle, real estate costs, school systems, and community feel to help you navigate the urban vs. suburban decision in the Chicagoland area. Discover the key trade-offs between Wicker Park homes for sale and Oak Park real estate. More
December 2025 Chicago Real Estate Market Snapshot
As we close out 2025, the Chicagoland real estate market is showing clear signs of momentum heading into the new year. December marked a strong finish, with steady demand, improving price growth, and faster-moving homes across the Chicago metro area. The average home sale price landed at $518,000, while the median days on market dropped... More
A Look Back at 2025: What We’re Grateful For & What’s Ahead
As 2025 comes to a close, we’re taking a moment to pause, reflect, and say thank you. This year was filled with meaningful moments — helping clients buy and sell homes, welcoming new neighbors, strengthening long-standing relationships, and continuing to show up for the community we love so much. Every transaction, conversation, and connection reminded... More
