Known for its magnificent architecture and skyscrapers, the Windy City is in the midst of a real estate boom. Zillow predicts that the median home price will reach $249,224 in 2024, marking a substantial 5.1% increase over the past year. Prices are expected to increase in the near future. Recent properties have sold on average for just over 98% of their listing price. Among the most desirable neighborhoods in Chicago are Near North Side & Gold Coast, Lincoln Park & Old Town, and West Town & Wicker Park. Any questions? These top-rated Realtors® have all the answers.