Mid-Year Market Update: What’s Ahead for Chicago & the North Suburbs
- Matt Elakatt
- May 23
- 1 min read
Updated: Jun 3

As we enter the second half of 2025, we’re seeing encouraging signs across both the city and the North Suburbs. Whether you're thinking of buying, selling, or just keeping an eye on the market, here’s what you need to know:
More Homes Hitting the Market Inventory is up nearly 20% in Chicago since spring, and the North Suburbs are seeing a similar trend. Areas like Glenview, Wilmette, and Northbrook are offering more options—especially for those seeking great schools, parks, and a little more space.
Price Growth Slows (But Still Rising) Home values continue to rise steadily. Chicago’s average sits around $310K, while North Shore towns like Winnetka and Highland Park remain strong due to their lifestyle appeal and proximity to the lake.
Buyer Activity is Rebounding Sales rose 9% last month in the city—and we’re seeing strong demand in suburban neighborhoods, especially those that offer walkability, community, and flexible living space.
North Suburbs in the Spotlight With hybrid work still in place, many buyers are prioritizing comfort, convenience, and a great neighborhood vibe. The North Suburbs continue to shine for their schools, green space, and quality of life.
Thinking about your next move?
Let’s talk about what these trends mean for your home—and how we can position you for success.
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