Market overview
The contract settles on the listed range containing the median home value in Chicago Metro on December 31.
The available value bands are <$303K, $303K - $308K, $308K - $313K, $313K - $318K, $318K - $323K, $323K - $327K, and $327K+.
The exact metric, reference period, source, rounding method, and treatment of range boundaries are documented in the Resolution Rules below.