All Reports 3-Month and 12-Month Rolling Report Chicago MSA • April 2024 • All

3-Month and 12-Month Rolling Report

Rolling totals and averages of listings, sales, and prices compared year-over-year

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3-Month and 12-Month Rolling ReportChicago MSAApril 2024

Supply

New Listings

3-Month Total
Feb 2024–Apr 2024
2,326
Year-over-year
-4%
Feb 2024–Apr 2024 vs. Feb 2023–Apr 2023
Year-over-year in previous period
+6%
Nov 2023–Jan 2024 vs. Nov 2022–Jan 2023
View source and notes...

Last update: May 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Chicago MSA includes Jasper County, Lake County, Newton County, Porter County.

New Listings

12-Month Total
May 2023–Apr 2024
10,119
Year-over-year
-7%
May 2023–Apr 2024 vs. May 2022–Apr 2023
Year-over-year in previous period
-10%
May 2022–Apr 2023 vs. May 2021–Apr 2022
View source and notes...

Last update: May 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Chicago MSA includes Jasper County, Lake County, Newton County, Porter County.

Sales

Closed Sales

3-Month Total
Feb 2024–Apr 2024
1,733
Year-over-year
-4%
Feb 2024–Apr 2024 vs. Feb 2023–Apr 2023
Year-over-year in previous period
-6%
Nov 2023–Jan 2024 vs. Nov 2022–Jan 2023
View source and notes...

Last update: May 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Chicago MSA includes Jasper County, Lake County, Newton County, Porter County.

Closed Sales

12-Month Total
May 2023–Apr 2024
7,517
Year-over-year
-12%
May 2023–Apr 2024 vs. May 2022–Apr 2023
Year-over-year in previous period
-18%
May 2022–Apr 2023 vs. May 2021–Apr 2022
View source and notes...

Last update: May 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Chicago MSA includes Jasper County, Lake County, Newton County, Porter County.

Market Momentum

Days on Market

3-Month Average
Feb 2024–Apr 2024
14
Year-over-year
+8%
Feb 2024–Apr 2024 vs. Feb 2023–Apr 2023
Year-over-year in previous period
-21%
Nov 2023–Jan 2024 vs. Nov 2022–Jan 2023
View source and notes...

Last update: May 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Chicago MSA includes Jasper County, Lake County, Newton County, Porter County.

Days on Market

12-Month Average
May 2023–Apr 2024
14
Year-over-year
+17%
May 2023–Apr 2024 vs. May 2022–Apr 2023
Year-over-year in previous period
+50%
May 2022–Apr 2023 vs. May 2021–Apr 2022
View source and notes...

Last update: May 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Chicago MSA includes Jasper County, Lake County, Newton County, Porter County.

New Pending Contracts

3-Month Total
Feb 2024–Apr 2024
2,158
Year-over-year
+1%
Feb 2024–Apr 2024 vs. Feb 2023–Apr 2023
Year-over-year in previous period
+2%
Nov 2023–Jan 2024 vs. Nov 2022–Jan 2023
View source and notes...

Last update: May 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Chicago MSA includes Jasper County, Lake County, Newton County, Porter County.

New Pending Contracts

12-Month Total
May 2023–Apr 2024
8,149
Year-over-year
-8%
May 2023–Apr 2024 vs. May 2022–Apr 2023
Year-over-year in previous period
-12%
May 2022–Apr 2023 vs. May 2021–Apr 2022
View source and notes...

Last update: May 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Chicago MSA includes Jasper County, Lake County, Newton County, Porter County.

Price

Median Sale Price

3-Month Average
Feb 2024–Apr 2024
240,000
Year-over-year
-2%
Feb 2024–Apr 2024 vs. Feb 2023–Apr 2023
Year-over-year in previous period
+7%
Nov 2023–Jan 2024 vs. Nov 2022–Jan 2023
View source and notes...

Last update: May 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Chicago MSA includes Jasper County, Lake County, Newton County, Porter County.

Median Sale Price

12-Month Average
May 2023–Apr 2024
250,000
Year-over-year
+2%
May 2023–Apr 2024 vs. May 2022–Apr 2023
Year-over-year in previous period
+7%
May 2022–Apr 2023 vs. May 2021–Apr 2022
View source and notes...

Last update: May 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Chicago MSA includes Jasper County, Lake County, Newton County, Porter County.

Sales Price as Percentage of Asking Price

3-Month Average
Feb 2024–Apr 2024
95.5%
Year-over-year
+0%
Feb 2024–Apr 2024 vs. Feb 2023–Apr 2023
Year-over-year in previous period
+1%
Nov 2023–Jan 2024 vs. Nov 2022–Jan 2023
View source and notes...

Last update: May 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Chicago MSA includes Jasper County, Lake County, Newton County, Porter County.

Sales Price as Percentage of Asking Price

12-Month Average
May 2023–Apr 2024
96.1%
Year-over-year
-1%
May 2023–Apr 2024 vs. May 2022–Apr 2023
Year-over-year in previous period
-2%
May 2022–Apr 2023 vs. May 2021–Apr 2022
View source and notes...

Last update: May 7, 2024, midnight Source: IAR MLS Data Warehouse Data notes: None Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Chicago MSA includes Jasper County, Lake County, Newton County, Porter County.

Demographics

Affordability