06/05/2026
๐ก April housing market update is here, and the spring market continues to stay active across the country and throughout the Chicago suburbs. ๐
According to the latest REMAX National Housing Report, the market saw increased activity heading into the busy summer selling season.
๐ April 2026 National Housing Market Highlights:
โ๏ธ Home sales up 7.6% from March 2026
โ๏ธ New listings increased 10.5% month over month
โ๏ธ Closed sales up 0.1% year over year
โ๏ธ Active inventory up 2.0% year over year
โ๏ธ Median sales price reached $445,000, up 1.5%
โ๏ธ 34th consecutive month of annual price appreciation
โ๏ธ Homes averaged 45 days on market
๐ What does this mean for buyers and sellers in the Chicago suburbs?
In communities like Orland Park, Tinley Park, Frankfort, Lockport, Homer Glen, and surrounding southwest suburbs of Chicago, inventory has improved compared to earlier this year, giving buyers more opportunities. However, desirable homes that are priced correctly and move in ready are still seeing strong activity and buyer competition.
For sellers, continued home price appreciation remains positive news. For buyers, more inventory may create better opportunities before peak summer demand fully ramps up.
Thinking about buying or selling in the Chicagoland real estate market? Letโs talk strategy and what these trends mean for your goals. ๐
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Yiselle Bryce
708-446-9493
[email protected]