Chicago buyers face tighter supply and higher prices than buyers across Illinois. HW Data shows a metro median list price of $319,900 with about 11,000 active listings this week. The Market Action Index reads 40.2, signaling strong seller conditions. New supply totaled 1,183 listings while 1,511 homes moved under contract, keeping inventory from building. The metro's median list price sits above the statewide figure, and available homes are concentrated in fewer neighborhoods.