Cook County, IL housing market
Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$340,258+6.0% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 15% have cut their price
Income needed to buy, per year$73,761About 0.9× the local median income ($82,729): affordable for a typical household
Days on market36 daysFaster than a year ago: sellers have the edge
Next 12 months+2.7%Zillow expects prices to rise slightly
The typical home in Cook County, IL is worth $340,258, up 6.0% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $339,395, so the area is 0.3% overvalued. It is a seller's market: homes take about 36 days to sell, listings are down 8% from a year ago, 15% of listings have had a price cut. Zillow expects prices to rise about 2.7% over the next year. A household needs about $73,761 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $82,729. Typical rent is $2,228 a month, or $2,611 for a house. In the latest IRS figures, 42,264 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
| Typical home value | $340,258 |
| Change in 1 year | +6.0% |
| Overvalued % | +0.3% |
Show 7 more
| Fair home value | $339,395 |
| Change in 5 years | +23.2% |
| Zillow forecast, next 12 months | +2.7% |
| Home value to income | 4.1× |
| Monthly mortgage payment (20% down) | $1,844 |
| Income needed to afford it | $73,761 |
| Property tax rate | 1.91% |
Rent and investing
| Typical rent | $2,228 |
| Typical rent for houses | $2,611 |
| Price-to-rent ratio | 12.7× |
Show 3 more
| HUD Fair Market Rent, 2 bedrooms | $2,011 |
| Gross rental yield | 7.86% |
| Cap rate (estimate) | 5.11% |
Market activity
| Listings vs a year ago | −7.7% |
| Days on market | 36 |
| Listings with a price cut | 15.3% |
Show 3 more
| Homes for sale | 8,403 |
| Pending sales per 100 listings | 59 |
| Asking price per sq ft | $235 |
People and jobs
| Median household income | $82,729 |
| Population change (1 year) | +0.1% |
| Unemployment rate | 7.0% |
Show 4 more
| Population | 5,194,625 |
| Income adjusted for cost of living | $79,854 |
| Net moves in (IRS) | −42,264 |
| Cost of living (US = 100) | 103.6 |
Schools, risk and environment
| School rating (1 to 10) | 5.2 |
| FEMA hazard risk score (0 to 100) | 100.0 |
| Unhealthy air days a year | 25 |
Show 4 more
| Flood risk score | 99.9 |
| Wildfire risk score | 55.8 |
| Walkability (1 to 20) | 13.6 |
| Road, rail and air noise | 53 dB |
Questions people ask
- Is Cook County, IL overvalued?
- Home prices in Cook County, IL are slightly above what local incomes have historically supported: fair value is about $339,395, so the area is 0.3% overvalued.
- Is Cook County, IL a buyer's or seller's market?
- Cook County, IL is a seller's market: homes take about 36 days to sell, listings are down 8% from a year ago, 15% of listings have had a price cut.
- Are home prices going down in Cook County, IL?
- Home values in Cook County, IL are up 6.0% over the last year. Zillow's forecast for the next 12 months is +2.7%.
- How much do you need to earn to buy a home in Cook County, IL?
- A household needs about $73,761 a year to afford the typical home in Cook County, IL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $82,729.
Nearby and similar counties
DuPage County, ILGrundy County, ILMcHenry County, ILWill County, ILDeKalb County, ILKane County, ILKendall County, ILLake County, ILJasper County, INLake County, IN
ZIP codes in Cook County (open on the map)
6000460005600076000860010600166001860022600256002660029600436005360056600626006760068600706007460076600776009060091600936010460107601206013060131601416015360154601556016060162601636016460165601696017160173601766019260193601946019560201602026020360208603016030260304603056040260406604096041160415604186041960422604256042660428604296043060438604396044360445604526045360455604566045760458604596046160462604636046460465604666046760469604716047260473604756047660477604786048060482604876050160513605256052660534605466055860601606026060360604606056060660607606086060960610606116061260613606146061560616606176061860619606206062160622606236062460625606266062860629606306063160632606336063460636606376063860639606406064160642606436064460645606466064760649606516065260653606546065560656606576065960660606616070660707607126071460803608046080560827