Markets/Illinois/Chicago-Naperville-Elgin

Chicago-Naperville-Elgin, IL-IN-WI Real Estate Market 2026

Investor-grade market analytics for Chicago-Naperville-Elgin, Illinois. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$333,939

+3.9% year-over-year

Est. Rental Yield

7.5%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Chicago-Naperville-Elgin Market Summary

Chicago-Naperville-Elgin, IL-IN-WI shows steady growth at 3.9% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 3.76x, below the national average of 4.8x. Net negative migration (-29,656 returns/year) is reducing housing demand pressure. Climate risk is moderate (49/100) with manageable exposure. Rental yield of 7.51% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score89/100
Price-to-Income Ratio3.8x (national avg 4.8x)
Median Household Income$88,850

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Chicago-Naperville-Elgin, IL-IN-WI's primary climate exposure is tornadoes (66/100). The composite climate risk score of 49/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Chicago-Naperville-Elgin dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.

Chicago-Naperville-Elgin Real Estate Market Data 2026 | Lotlytics | Lotlytics