The Loop, Chicago, IL—60602
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$267,000
9.5% YoY Growth
Household Income
$123,000
21.7% YoY Growth
Days on Market
33
12.0% Shorter YoY
Home Price Forecast
-0.7%
Median Rent
$3,000
15.7% YoY Growth
1-Bed Rent
$2,350
17.3% YoY Growth
2-Bed Rent
$3,500
10.5% YoY Growth
3-Bed Rent
$7,100
44.6% YoY Growth
Home Price Trends — The Loop, Chicago, IL
As of May '26, the median home price in The Loop, Chicago, IL is $267,000, with a year-over-year change of -9.5%. This indicates that home prices in The Loop, Chicago, IL are decreasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $267,000 | -9.5% |
| Single Family | N/A | N/A |
| Condos | $253,000 | -10.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |