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Chicago, IL Housing

 
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As of 2010-2014, median price of a house in Chicago is $225,700, which is higher than the state average of $175,700 and is higher than the national average of $175,700. The Chicago median house value has grown by 70.47% since 2000. The growth rate for the price of a house in Chicago is higher than the state average rate of 34.33% and is higher than the national average rate of 46.91%. The median year that a house in Chicago was built is 1946, which is older than the median year for a house built in the state which is 1967 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 459,456 Owner Occupied Houses in Chicago, IL, #139
Chicago, IL
225,700 USD
Illinois
175,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #101
Chicago, IL
70.47%
Illinois
34.33%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Chicago, ILIllinoisU.S.
Total Housing Units1,190,998, see rank, 100%5,299,433132,741,033
Occupied Housing Units1,028,829, 86.38%, see rank90.17%87.55%
Owner Occupied459,456, 38.58%, see rank60.28%56.34%
Renter Occupied569,373, 47.81%, see rank29.89%31.21%
Vacant Housing Units162,169, 13.62%, see rank9.83%12.45%
For Rent46,466, 3.90%, see rank2.18%2.34%
For Sale Only15,196, 1.28%, see rank1.36%1.20%
Rented or Sold, Not Occupied10,766, 0.90%, see rank0.87%0.92%
For Seasonal, Recreational, or Occasional Use13,490, 1.13%, see rank0.95%3.97%
For Migrant Workers30, 0.00%, see rank0.01%0.03%
Other Vacant76,221, 6.40%, see rank4.46%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #1148
Chicago, ILIllinoisU.S.
194619671976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Chicago, IL%IllinoisU.S.
Owner-Occupied Units459,456100%3,194,70774,787,460
With a Mortgage327,68171.32%, see rank67.18%65.58%
Without a Mortgage131,77528.68%, see rank32.82%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Chicago, IL
1,906 USD
Illinois
1,676 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsChicago, IL%IllinoisU.S.
$299 or Less1880.06%, see rank0.14%0.20%
$300 to $4991,4180.43%, see rank1.21%1.59%
$500 to $6995,2561.60%, see rank4.05%5.01%
$700 to $99918,8995.77%, see rank11.52%14.32%
$1,000 to $1,49969,89921.33%, see rank24.62%27.90%
$1,500 to $1,99983,89225.60%, see rank22.62%20.35%
$2,000 to $2,99996,91729.58%, see rank24.08%19.52%
$3,000 or More51,21215.63%, see rank11.76%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Chicago, IL
27.50% of the Total Income
Illinois
24.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Chicago, IL%IllinoisU.S.
10% or Less13,9674.26%, see rank5.20%5.86%
10% to 20%84,01725.64%, see rank31.00%31.95%
20% to 30%83,44925.47%, see rank27.90%27.64%
30% to 40%49,46015.09%, see rank14.28%13.74%
40% or More94,57128.86%, see rank21.15%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Chicago, IL
615 USD
Illinois
572 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsChicago, IL%IllinoisU.S.
$199 or Less2,8482.16%, see rank4.12%7.76%
$200 to $2997,3125.55%, see rank8.95%14.70%
$300 to $49933,80425.65%, see rank27.30%34.63%
$500 to $69936,62427.79%, see rank25.34%21.16%
$700 or More51,18738.84%, see rank34.29%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Chicago, IL
15.50% of the Total Income
Illinois
13.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Chicago, IL%IllinoisU.S.
10% or Less38,73229.39%, see rank34.64%40.19%
10% to 20%40,91431.05%, see rank34.00%31.47%
20% to 30%19,67114.93%, see rank13.55%12.24%
30% to 40%10,8798.26%, see rank6.36%5.64%
40% or More19,43014.74%, see rank10.25%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Chicago, ILIllinoisU.S.
Total Housing Units1,190,998, 100%5,299,433132,741,033
1-unit, Detached302,416, 25.39%, see rank58.58%61.65%
1-unit, Attached41,406, 3.48%, see rank5.85%5.82%
2 Units175,567, 14.74%, see rank5.71%3.75%
3 or 4 Units192,938, 16.20%, see rank6.80%4.43%
5 to 9 Units131,629, 11.05%, see rank6.22%4.78%
10 or More Units344,206, 28.90%, see rank14.23%13.08%
Mobile Home, Boat, RV, Van, etc.2,836, 0.24%, see rank2.61%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Chicago, ILIllinoisU.S.
Total Housing Units1,190,998, 100%5,299,433132,741,033
1 Room66,726, 5.60%, see rank2.20%1.95%
2 Rooms55,182, 4.63%, see rank2.22%2.48%
3 Rooms165,469, 13.89%, see rank8.27%9.13%
4 Rooms243,084, 20.41%, see rank16.08%16.60%
5 Rooms260,063, 21.84%, see rank20.31%20.41%
6 Rooms201,422, 16.91%, see rank18.17%18.06%
7 Rooms86,750, 7.28%, see rank12.12%12.27%
8 Rooms50,140, 4.21%, see rank8.93%8.48%
9 Rooms or More62,162, 5.22%, see rank11.70%10.60%
Median Rooms4.80, see rank5.605.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Chicago, ILIllinoisU.S.
Total Housing Units1,190,998, 100%5,299,433132,741,033
No Bedroom77,153, 6.48%, see rank2.50%2.17%
1 Bedroom243,509, 20.45%, see rank11.67%11.16%
2 Bedrooms409,459, 34.38%, see rank29.01%26.69%
3 Bedrooms326,735, 27.43%, see rank36.76%39.70%
4 Bedrooms93,536, 7.85%, see rank15.97%16.05%
5 or More Bedrooms40,606, 3.41%, see rank4.10%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Chicago, ILIllinoisU.S.
Total Housing Units1,028,829, 100%4,778,633116,211,092
Utility Gas862,605, 83.84%, see rank79.46%48.85%
Bottled, Tank, or LP Gas9,958, 0.97%, see rank4.08%4.86%
Electricity134,017, 13.03%, see rank14.82%36.68%
Fuel Oil, Kerosene, etc.2,347, 0.23%, see rank0.20%5.86%
Coal or Coke243, 0.02%, see rank0.02%0.12%
Wood170, 0.02%, see rank0.50%2.12%
Solar Energy171, 0.02%, see rank0.02%0.05%
Other Fuel8,276, 0.80%, see rank0.45%0.47%
No Fuel Used11,042, 1.07%, see rank0.46%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalChicago, ILIllinoisU.S.
Occupied Units Paying Rent554,267, 100%1,513,61739,201,928
$199 or Less10,875, 1.96%, see rank1.84%1.50%
$200 to $29918,621, 3.36%, see rank3.23%3.18%
$300 to $49926,757, 4.83%, see rank7.28%7.37%
$500 to $69961,368, 11.07%, see rank15.00%16.01%
$700 to $999181,342, 32.72%, see rank33.11%29.17%
$1,000 to $1,499160,027, 28.87%, see rank26.04%26.88%
$1,500 to $1,99961,140, 11.03%, see rank8.81%9.79%
$2,000 or More34,137, 6.16%, see rank4.70%6.10%
Median$963, see rank$903$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Chicago, ILIllinoisU.S.
Occupied Housing Units1,028,829, 100%4,778,633116,211,092
No Vehicles Available276,418, 26.87%, see rank10.79%9.12%
1 Vehicles Available459,843, 44.70%, see rank35.14%33.80%
2 Vehicles Available227,339, 22.10%, see rank36.99%37.48%
3 or More Vehicles Available65,229, 6.34%, see rank17.09%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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