{"id":96,"date":"2026-10-19T13:00:00","date_gmt":"2026-10-19T13:00:00","guid":{"rendered":"https:\/\/www.tamikammarks.realtor\/blog\/?p=96"},"modified":"2026-10-19T13:00:00","modified_gmt":"2026-10-19T13:00:00","slug":"illinois-housing-prices-hold-above-last-year","status":"publish","type":"post","link":"https:\/\/www.tamikammarks.realtor\/blog\/2026\/10\/19\/illinois-housing-prices-hold-above-last-year\/","title":{"rendered":"Illinois Housing Prices Hold Above Last Year"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/tamika-marks\/illinois-housing-forecast-remotion-videos-9328\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Chicago\u2019s real estate market continues to hold strong: in Mid-Q3, the city\u2019s median list price hit $395K, reflecting a seller-friendly environment. With just 15,100 active listings and inventory down about 6% from last year, buyers are seeing limited options\u2014homes are spending a median of 36 days on the market. Across Illinois, it\u2019s clear that supply scarcity is the defining theme. Even now, statewide inventory hasn\u2019t bounced back to pre-pandemic comfort levels, putting us among the slowest markets nationally to recover supply. New housing construction per capita remains low, a reality that both investors and those relocating need to factor in as they consider their next move. Mortgage rates hovering near 7% continue to challenge affordability, but the persistent shortage of listings keeps competition steady for buyers, sellers, and investors well into 2026. After more than two decades in Chicago\u2019s residential market\u2014navigating everything from REOs to traditional sales\u2014I\u2019ve seen firsthand how these dynamics shape opportunities and strategies for everyone involved.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Chicago\u2019s real estate market continues to hold strong: in Mid-Q3, the city\u2019s median list price hit $395K, reflecting a seller-friendly environment. With just 15,100 active listings and inventory down about 6% from last year, buyers are seeing limited options\u2014homes are spending a median of 36 days on the market. Across Illinois, it\u2019s clear that supply [&hellip;]<\/p>\n","protected":false},"author":396,"featured_media":97,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-96","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\/96","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=96"}],"version-history":[{"count":1,"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/posts\/96\/revisions"}],"predecessor-version":[{"id":98,"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/posts\/96\/revisions\/98"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/media\/97"}],"wp:attachment":[{"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/media?parent=96"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/categories?post=96"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tamikammarks.realtor\/blog\/wp-json\/wp\/v2\/tags?post=96"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}