Fourth Watch Real Estate

If you’re looking to sell, give Fourth Watch a call. Home prices are up and inventory is lower so homes are moving quickly in a lot of areas. We will work hard to get you the best price for your home and with a smooth and fast close.

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📊 Illinois Housing Market Stats – March 2026
Illinois median home prices and home sales moved higher in March while available inventory was lower than the year before.

🔹 Statewide closed sales increased 3.1% (median price rising 6.8%)
🔹 Chicago Metro: Median home price up 4.2% to $375,000
🔹 City of Chicago: Median prices up 7.7% to $409,200
🔹 AVG 30-year fixed mortgage rate: 6.2% (up from 6.0% the month before)

“March saw a modest increase in sales, even as higher borrowing costs and affordability challenges continued to shape buyer activity,” said Illinois REALTORS® President Jeff Kolbus. “With inventory
trending lower, prices maintained their upward momentum.”

📍 Dive into the full stats:
www.IllinoisRealtors.org/MarketStats

Fourth Watch is keeping busy and working early this Saturday morning at a home inspection. We have some fall commission discounts on sale listings and special incentives on purchase transactions. Give us a call if you’re interested in buying and/or selling. We would love to work with you. Have a great day.