Housing Market Report for Loop, Chicago, IL

This housing market report uses absorption rates to track supply and demand for Loop, Chicago, IL. With 2.4 months of inventory across all segments, conditions currently favor sellers — demand is outpacing supply, homes tend to sell quickly, and prices are likely holding firm or rising. Use the tables below to explore specific price ranges and property types in detail. [Last updated: September 16, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Townhouses

Coolest Segment ❄️
$2m – $2.25m

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$2m – $2.25m

0 active listings with 2 sold in the last 6 months.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
2m-2.25m 2 1 0.3 0 Seller's

Condos

Hottest Segment 🔥
$400k – $425k

Absorption rate of 3.7, with 0.3 months of inventory.

Coolest Segment ❄️
$1.9m – $2m

With 12 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$250k – $275k

3 active listings with 32 sold in the last 6 months.

Market Overview
All Segments

The overall market favors sellers with just 2.2 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
125k-150k 1 0.2 0 Seller's
175k-200k 1 4 0.7 1.5 Seller's
200k-225k 6 8 2 0.2 4.5 Balanced
225k-250k 5 13 3 0.4 2.3 Seller's
250k-275k 3 32 3 1.8 0.6 Seller's
275k-300k 5 23 0.8 1.3 Seller's
300k-325k 9 30 1 0.6 1.8 Seller's
325k-350k 9 16 5 0.3 3.4 Balanced
350k-375k 6 16 3 0.4 2.3 Seller's
375k-400k 9 29 3 0.5 1.9 Seller's
400k-425k 1 22 2 3.7 0.3 Seller's
425k-450k 7 26 3 0.6 1.6 Seller's
450k-475k 4 22 2 0.9 1.1 Seller's
475k-500k 5 11 1 0.4 2.7 Seller's
500k-550k 6 16 5 0.4 2.3 Seller's
550k-600k 7 12 1 0.3 3.5 Balanced
600k-650k 4 9 1 0.4 2.7 Seller's
650k-700k 3 21 2 1.2 0.9 Seller's
700k-750k 6 13 1 0.4 2.8 Seller's
750k-800k 3 7 1 0.4 2.6 Seller's
800k-850k 4 3 0.1 8 Buyer's
850k-900k 5 8 1 0.3 3.8 Balanced
900k-950k 1 2 0.3 3 Balanced
950k-1m 2 5 2 0.4 2.4 Seller's
1m-1.1m 8 20 1 0.4 2.4 Seller's
1.1m-1.2m 2 6 0.5 2 Seller's
1.2m-1.3m 6 8 2 0.2 4.5 Balanced
1.3m-1.4m 1 3 1 0.5 2 Seller's
1.4m-1.5m 1 6 1 1 Seller's
1.5m-1.6m 2 4 0.3 3 Balanced
1.6m-1.7m 3 0
1.7m-1.8m 2 3 1 0.3 4 Balanced
1.8m-1.9m 1 0.2 0 Seller's
1.9m-2m 2 1 0.1 12 Buyer's
2m-2.25m 1 2 0.3 3 Balanced
2.25m-2.5m 5 7 2 0.2 4.3 Balanced
2.5m-2.75m 1 2 1 0.3 3 Balanced
2.75m-3m 1 2 1 0.3 3 Balanced
4.5m-5m 1 0
6m-7m 1 0
7m-8m 1 0
8m-9m 1 0
10m-11m 1 0

Land

Hottest Segment 🔥
$0 – $25k

Absorption rate of 0.3, with 4 months of inventory.

Coolest Segment ❄️
$25k – $50k

With 26 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$0 – $25k

4 active listings with 6 sold in the last 6 months.

Market Overview
All Segments

With 10.4 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
0-25k 4 6 0.3 4 Balanced
25k-50k 13 3 0 26
50k-75k 2 1 0.1 12 Buyer's
100k-125k 1 0.2 0 Seller's

Neighboring Cities

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