How much do homes in Cook County, IL cost?

Median List Price

$299,466

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$29,296(+10.8%)

Key Takeaway

The list price of homes in Cook County has increased by 10.8% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $164.9K$189.9K+15.2%
2 $209.9K$245.2K+16.8%
3 $259.6K$299.8K+15.5%
4 $336.2K$380.8K+13.3%
5+ $461.5K$542.2K+17.5%

Median List Price Compared To Nearby Counties

Cook County
+10.8%
Will County
+10.0%
Lake County
+9.4%
Kane County
+5.5%
DuPage County
+3.1%

How many homes are available in Cook County, IL?

Number of Homes For Sale

Jul 2021Aug 2021%
31,12233,034+6.1%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 3,3733,554+5.4%
2 8,8169,393+6.5%
3 10,07810,713+6.3%
4 5,6836,036+6.2%
5+ 3,1723,338+5.2%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
114 Days99 Days-13.1%

Breakdown of Home Sale Times

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Key Takeaway

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About Cook County, IL

Homes for sale in Cook County, IL have reached 33,034. Between July 2021 and August 2021, Cook County, IL real estate market has seen increase in the number of listings by 6.1%. While the average time on the market in August 2021 was 99 days, the median list price was $299,466. This housing market listing prices have changed between July 2021 and August 2021: the cost of 1 bedroom properties went up by 15.2%, the cost of 2 bedrooms properties went up by 16.8%, prices of 3 bedrooms properties went up by 15.5%, the cost of 4 bedrooms properties went up by 13.3%, prices of 5 bedrooms properties increased by 17.5%. Volume of homes for sale changed: 1 bedroom homes inventory increased by 5.4%, volume of 2 bedrooms homes went up by 6.5%, 3 bedrooms homes became 6.3% more available, 4 bedrooms homes became 6.2% more available, 5 bedrooms homes became 5.2% more available. In August 2021, from all listings sold in Cook County, IL there were more than 2208 sold above asking price, over 2924 sold below and more than 977 were sold right at the asked price.

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