Market Report

Chicago, IL 60634

Single-Family Homes

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



Chicago, IL 60634

Fri Mar 14 2025
This week the median list price for Chicago, IL 60634 is $479,900 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has decreased to 35. 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.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Chicago, IL 60634

Fri Mar 14 2025
This week the median list price for Chicago, IL 60634 is $479,900 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has decreased to 35. 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.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Chicago market.
Median List Price $479,900
Median Price of New Listings $475,000
Per Square Foot $248
Average Days on Market 80
Median Days on Market 56
Price Decreased 34%
Price Increased 3%
Relisted 31%
Inventory 35
Median Rent
Market Action 48
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices 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
$712,500 2,850 0 - 4,500 sqft 4 3.5 98 1 0 59
$530,000 2,129 0 - 4,500 sqft 4 3 77 3 1 105
$458,900 1,898 0 - 4,500 sqft 4 2 85 2 5 84
$344,900 1,225 0 - 4,500 sqft 4 2 98 3 2 49