Homes Under $500K in Chicago, IL

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24 of 2,522 Listings

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Jeffrey Jonas

Realty.com

Lic. #471.004966

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New22Active
$319,000
3 bd · 2 ba · 1,260 sqft
336 E 91st Street, Chicago, IL
Patryk Klima · Chicagoland Brokers Inc.
New18Active
$220,000
1 bd · 1 ba · 700 sqft
4125 N Keystone Avenue Unit 206, Chicago, IL
Karina Salinas · Realty of America, LLC
New30Active
$325,000
1 bd · 1 ba · 757 sqft
480 N Mcclurg Court Unit 311, Chicago, IL
Michael Maier · Berkshire Hathaway HomeServices Chicago

Listing data & MLS disclosures

Midwest Real Estate Data (MRED): Based on information submitted to the MLS GRID as of 2026-10-17 22:49:04 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

About Homes Under $500K in Chicago, IL

Homes Under $500K in Chicago, IL: 2,522 active listings as of October 18, 2026, 00:32 UTC.

Property types among these 2,522 listings, by the property type each listing’s MLS reports, spelled as the MLS spells it. Types with fewer than 5 listings, and listings whose MLS reports no type, are not shown, so the shares can total less than 100%.
Property type	Listings	Share
Condominium	1,365	54.1%
Single Family Residence	1,035	41.0%
Townhouse	67	2.7%
Stock Cooperative	52	2.1%

Chicago housing market

September 2026

Selling at 100.0% of asking price

Sales here are closing essentially at asking. MLS · 1,580 sales · as of Sep 30, 2026

Homes that sold · County records, as of Sep 30, 2026

Median sale price: $412,000$260,000–$716,000 typical range
Price per sq. ft.: $263
Sales: 3,167
Paid in cash: 33.2%

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Median list price: $377,010
Homes for sale: 3,766
Median days on market: 12 days

Price trend · Assessor repeat sales, as of Sep 30, 2026

Year-over-year: 9.3%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

Median home size: 1,600 sq. ft.

Chicago, IL community profile

Population: 2,691,710
Median income: $71,438
Housing units: 1,189,407
People per sq. mi.: 11,262.4
Area: 239 sq. mi.

Source: HJN community data

Homes Under $500K in Chicago, IL

Your local brokerage

Listing data & MLS disclosures

About Homes Under $500K in Chicago, IL

Chicago housing market

Homes that sold · County records, as of Sep 30, 2026

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

Chicago, IL community profile

Explore Chicago homes

Listing data & MLS disclosures

Your local brokerage

Your local brokerage

Chicago, IL community profile

Chicago housing market

Homes that sold · County records, as of Sep 30, 2026

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026