Finally. After falling a hideous 38 percent from 2006 to 2012—as if you could forget!—the median value of a Chicago-area house roared up more than 9 percent in 2013 to $178,000, according to research firm Zillow. For details on how your area did, see the charts below. They include price data for all neighborhoods and metro-area suburbs that had 20 or more sales last year.
Though you might have gotten a better deal in 2013, this is still a good time to buy, says Svenja Gudell, Zillow’s director of economic research. Owning a home in the metro area is still a whopping 47 percent cheaper than renting a comparable place, according to Trulia, another real-estate research firm, as long as you plan to stay put for at least seven years.
Select Which Data to View
You can also click on the top of each column to sort by that value.
Not sure what neighborhood you're in?
Enter your address below to find out: