May's Chicago suburban real estate market surpasses 2015

Mainstreet Organization of Realtors data finds home prices and volume rising, average days listed falling
  • The median home price increased 4.4 percent to $249,000 in May in all the communities covered by MORe.
  • Blue Island, Calumet City, Steger and Dixmoor saw increases in home prices of more than 200 percent.
  • Generally, homes in the Chicago's west and north suburbs sold in less time.

The housing market in Chicago’s west and north suburbs are really heating up so far this year.

According to recent data released by the Mainstreet Organization of Realtors (MORe), Lake, DuPage and parts of Cook counties are witnessing an increase in home prices as of May compared with the same time last year.