{"id":11,"date":"2026-09-28T23:40:13","date_gmt":"2026-09-28T23:40:13","guid":{"rendered":"https:\/\/www.sentenorealestate.com\/blog\/2026\/09\/28\/chicago-prices-climb-as-supply-stays-tight\/"},"modified":"2026-09-28T23:40:13","modified_gmt":"2026-09-28T23:40:13","slug":"chicago-prices-climb-as-supply-stays-tight","status":"publish","type":"post","link":"https:\/\/www.sentenorealestate.com\/blog\/2026\/09\/28\/chicago-prices-climb-as-supply-stays-tight\/","title":{"rendered":"Chicago Prices Climb as Supply Stays Tight"},"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\/victor-senteno\/chicago-home-prices-rise-as-fewer-homes-hit-the-market-remotion-videos-74a7\" 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 buyers navigated a tighter current market, with active listings \u2193~6% yearly. Fewer available homes kept competition elevated and gave sellers stronger leverage.<br \/>\nNew inventory thinned even faster, with fresh listings \u2193~8% yearly. For buyers, that meant fewer new choices and quicker action on desirable homes.<br \/>\nTight supply supported pricing power: Chicago&#039;s median list price climbed \u2191~5% yearly to $395K, reinforcing seller confidence in the current market citywide.<br \/>\nOnly ~15% of Chicago listings took a price cut, suggesting many sellers felt little pressure to negotiate and could stay firm on pricing.<br \/>\nHomes moved in 36 days, signaling a fast Chicago market. Buyers benefited most by arriving prepared, with financing lined up and expectations realistic.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Chicago buyers navigated a tighter current market, with active listings \u2193~6% yearly. Fewer available homes kept competition elevated and gave sellers stronger leverage. New inventory thinned even faster, with fresh listings \u2193~8% yearly. For buyers, that meant fewer new choices and quicker action on desirable homes. Tight supply supported pricing power: Chicago&#039;s median list price [&hellip;]<\/p>\n","protected":false},"author":367,"featured_media":12,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.sentenorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/11","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sentenorealestate.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sentenorealestate.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sentenorealestate.com\/blog\/wp-json\/wp\/v2\/users\/367"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sentenorealestate.com\/blog\/wp-json\/wp\/v2\/comments?post=11"}],"version-history":[{"count":0,"href":"https:\/\/www.sentenorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/11\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sentenorealestate.com\/blog\/wp-json\/wp\/v2\/media\/12"}],"wp:attachment":[{"href":"https:\/\/www.sentenorealestate.com\/blog\/wp-json\/wp\/v2\/media?parent=11"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sentenorealestate.com\/blog\/wp-json\/wp\/v2\/categories?post=11"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sentenorealestate.com\/blog\/wp-json\/wp\/v2\/tags?post=11"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}