Market Report

Chicago, IL 60607

Single-Family Homes

The Pareto Group I zak@paretogroup.realestate I (312) 883-8550


Current active inventory in Chicago, IL 60607 is very low. Keep this in mind when looking at this report.

Chicago, IL 60607

Thu Mar 13 2025
This week the median list price for Chicago, IL 60607 is $1,002,350 with the market action index hovering around 18. This is about the same as last month's market action index of 18. Inventory has held steady at or around 2. Click here to stay informed with the Chicago market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Chicago, IL 60607

Thu Mar 13 2025
This week the median list price for Chicago, IL 60607 is $1,002,350 with the market action index hovering around 18. This is about the same as last month's market action index of 18. Inventory has held steady at or around 2. Click here to stay informed with the Chicago market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Chicago market.
Median List Price $1,002,350
Median Price of New Listings $404,900
Per Square Foot $312
Average Days on Market 11
Median Days on Market 11
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 18
Slight Buyer's Advantage

We continue to see prices in this zip code settled at a plateau. This week prices bumped down a bit but not significantly enough to change the overall outlook. Look for a persistent change (up or down) in the Market Action Index before we see prices significantly deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$1,599,800 4,300 - 4 3.5 21 0 0 21
$404,900 1,598 - 4 2 72 1 0 0