2026 Housing Market Predictions

As 2026 unfolds, homeowners, buyers, and investors across the North Shore and Chicagoland suburbs are asking the same question — what is the real estate market expected to do this year? While national headlines often paint one broad picture, real estate is hyper-local, and the North Shore continues to operate under a set of dynamics uniquely its own.

Top Glenview Real Estate Agent, Vittoria Logli, shares her perspective on interest rates, supply and demand, pricing stability, and the interior design trends that will shape how homes present and sell in 2026.

Market Overview: Not All Housing Markets Are Created Equal

National conversations tend to generalize trends, but real estate is deeply regional. While some U.S. metros are adjusting off the steep appreciation of prior years, the North Shore remains resilient, driven by demand that continues to outpace available inventory. The buyer pool remains active, especially for updated and well-presented homes, and competition still appears where quality and condition align.

Unlike markets experiencing oversupply or rapid new construction, Chicagoland inventory remains limited, particularly in established suburbs. This imbalance keeps pricing supported and reduces the likelihood of significant downward pressure in most North Shore communities.

Interest Rates: Stability Over Fantasy

Many consumers still hope for a return to the record-low pandemic interest rates, but history tells us those levels are not the norm — they were a byproduct of economic emergency stimulus, not a sustainable baseline. In a healthy economy, interest rates typically remain moderate, not ultra-low.

Entering 2026, rates hovering in the mid-6 percent range are realistic and healthy for a functioning market. Small movement may occur as economic conditions evolve, but experts largely align on the idea that 3% and 4% mortgages are not returning without macro-level distress or recessionary pressure, neither of which supports stable home values.

For buyers planning ahead, this means opportunity is less about waiting for a rate miracle and more about understanding timing, affordability, and inventory.

Supply + Demand: The Story to Watch

This year, the North Shore housing market continues to be defined by low inventory levels. Many homeowners who secured extremely low mortgage rates are holding tight, slowing turnover and keeping supply tight. At the same time, buyers relocating for schools, work proximity, and lifestyle are still actively searching.

For sellers, this presents strategic advantage. Well-prepared homes continue to move quickly, and pricing strength remains supported by demand. For buyers, patience and preparation matter, but so does readiness — strong financing and decisive action are often the difference between winning and watching.

Interior Design Trends for 2026: Warmth, Personality, and Cohesion

Design has shifted away from the stark minimalism and white-on-white of recent years. In 2026, interiors are warmer, richer, and more individualized, with emphasis on texture, tone, and intentional layering.

Key design trends emerging this year:

• Color Drenching — walls, trim, and cabinetry in one tonal palette for a seamless, elevated feel

• Statement Lighting — sculptural fixtures replacing basic builder styles

• Wallpaper Return — primarily in powder rooms, primary suites, and feature walls

• Layered Textures & Soft Neutrals — less sterile, more comfortable and lived-in

• Mixed Metals & Wood Tones — balanced warmth replacing the all-white aesthetic

While personal expression is encouraged, neutral foundational updates remain ideal for resale. Light paint, contemporary fixtures, decluttered spaces, and clean staging help buyers visualize possibility without distraction.

What This Means for Homeowners in 2026

For those planning to sell — presentation matters. Homes that feel bright, clean, edited, and move-in-ready attract stronger attention and often command higher offers. Strategic preparation can include:

• Neutral paint refresh

• Updated lighting and hardware

• Professional staging or simplified layout

• Removing heavy window treatments

• Ensuring flooring is clean or updated

• Decluttering and depersonalizing spaces

These adjustments help buyers focus on the layout, light, and lifestyle — the elements that truly sell homes.

For buyers — opportunity exists when flexibility does. Being prepared with financing and expectations grounded in local data leads to better outcomes than waiting for a rate drop that may never return to historic lows.

Final Thoughts

Real estate in 2026 is less about national narrative and more about local reality. And here in the North Shore, the reality remains strong, supported by stable demand, limited supply, and continued desire for lifestyle-oriented living.

Whether planning to move now or later, clarity beats speculation. With over $500 million sold, ongoing leadership in Glenview and the North Shore market, and deep knowledge of market behavior, Vittoria Logli remains a trusted resource for insight, preparation, and strategy moving into 2026.

For a personalized market analysis or guidance on preparing a home for sale, reach out anytime.