Chicago-Naperville-Elgin vs New York-Newark-Jersey City: Housing Market Comparison (2026)

Side-by-side Alpha Scores, affordability, momentum, supply, jobs, and rental yield · as of July 2026

Chicago-Naperville-Elgin vs New York-Newark-Jersey City side by side

Metric Chicago-Naperville-Elgin New York-Newark-Jersey City
Alpha Score2922
Price Momentum5050
Inventory Health10
Affordability365
Economic Strength2650
Rental Yield447
Median Sale Price
Price-to-Income3.56.2
Payment-to-Income22.4%39.0%
Months of Supply
Gross Rental Yield5.3%3.6%
Overvaluation Index1040

Highlighted = the stronger read for that metric (supply, valuation, and payment burden are better when lower). Income/rent inputs lag annually.

How Chicago-Naperville-Elgin and New York-Newark-Jersey City compare, dimension by dimension

  • Affordability: Chicago-Naperville-Elgin leads — Chicago-Naperville-Elgin 36/100 vs New York-Newark-Jersey City 5/100.
  • Price Momentum: Chicago-Naperville-Elgin and New York-Newark-Jersey City score the same (50/100).
  • Inventory Health: Chicago-Naperville-Elgin leads — Chicago-Naperville-Elgin 1/100 vs New York-Newark-Jersey City 0/100.
  • Economic Strength: New York-Newark-Jersey City leads — Chicago-Naperville-Elgin 26/100 vs New York-Newark-Jersey City 50/100.
  • Rental Yield: Chicago-Naperville-Elgin leads — Chicago-Naperville-Elgin 44/100 vs New York-Newark-Jersey City 7/100.

Frequently asked questions

Which has a higher Alpha Score, Chicago-Naperville-Elgin or New York-Newark-Jersey City?

Chicago-Naperville-Elgin scores higher — 29 vs 22 out of 100. The Alpha Score is a 0-100 composite of price momentum, inventory health, affordability, economic strength, and rental yield.

Is Chicago-Naperville-Elgin or New York-Newark-Jersey City more affordable?

Chicago-Naperville-Elgin is more affordable on our affordability dimension. Price-to-income is 3.5 in Chicago-Naperville-Elgin and 6.2 in New York-Newark-Jersey City.

Which housing market has stronger momentum, Chicago-Naperville-Elgin or New York-Newark-Jersey City?

Both markets show similar price momentum (about 50/100).

Want to swap in other cities, change the metrics, or chart the trend over time? Customize this comparison → in the interactive Compare tool. Or read the Chicago-Naperville-Elgin market brief and the New York-Newark-Jersey City brief.