{"id":12,"date":"2026-09-12T17:00:00","date_gmt":"2026-09-12T17:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/tamikammarks-realtor\/2026\/09\/12\/chicago-housing-shortage-pushes-home-prices-higher\/"},"modified":"2026-09-12T17:00:00","modified_gmt":"2026-09-12T17:00:00","slug":"chicago-housing-shortage-pushes-home-prices-higher","status":"publish","type":"post","link":"https:\/\/www.tamikammarks.realtor\/blog\/2026\/09\/12\/chicago-housing-shortage-pushes-home-prices-higher\/","title":{"rendered":"Chicago housing shortage pushes home prices higher"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>Chicago\u2019s real estate market continues to make headlines\u2014home prices in the city jumped 13% in July, reaching a median of $425,000. Even the suburbs saw a strong rise, with prices increasing nearly 7% to $401,000. What\u2019s fueling this momentum? Inventory remains tight, with 56% fewer homes available compared to 2019, making for a fast-paced and highly competitive environment. After more than two decades working with both REO and traditional residential properties here, I\u2019ve seen firsthand how limited options can quickly drive up prices and speed up sales. For buyers and sellers alike, understanding these shifts is key to making smart, confident moves in Chicago\u2019s ever-evolving market.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/www.axios.com\/local\/chicago\/2026\/08\/25\/chicago-housing-market-median-price-425000-july-2026\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Chicago\u2019s real estate market continues to make headlines\u2014home prices in the city jumped 13% in July, reaching a median of $425,000. Even the suburbs saw a strong rise, with prices increasing nearly 7% to $401,000. What\u2019s fueling this momentum? Inventory remains tight, with 56% fewer homes available compared to 2019, making for a fast-paced and [&hellip;]<\/p>\n","protected":false},"author":396,"featured_media":36,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/posts\/12","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/comments?post=12"}],"version-history":[{"count":0,"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/posts\/12\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/media\/36"}],"wp:attachment":[{"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/media?parent=12"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/categories?post=12"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/tags?post=12"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}