Fully 12.63% of the housing stock is classified as vacant. The median existing-home price rose to $313,000 in October, up 15.5% from October 2019 — the fastest annual rate of price appreciation since October 2005. Mortgage rates touch new lows. Chicago Real Estate Market 2020 Overview. Home Prices in Chicago. The week that ended Oct. 12 was the ninth consecutive week when the median price of homes sold in the Chicago metropolitan area was up 10 percent or more from the corresponding time … Search for new homes, open houses, recently sold homes and reduced price real estate in Chicago. Research Chicago real estate market trends and find homes for sale. … Vacant housing appears to be an issue in Chicago. … The most current Chicago real estate market trends and forecasts for 2020, updated monthly and broken down to reveal what it means for home buyers or sellers. Median Home Value: $249,152 1-Year Appreciation Rate: +0.6% Median Home Value (1-Year Forecast):-2.3% Median Rent Price: $1,761 Price-To-Rent Ratio: 11.79 Chicago … Left unchecked, vacant Chicago homes and apartments can be a drag on the real estate market, holding Chicago real estate prices …