Market Report
Chicago, IL 60654
Single-Family Homes
The Pareto Group I zak@paretogroup.realestate I (312) 883-8550
Chicago, IL 60654
Mon Nov 03 2025
This week the median list price for Chicago, IL 60654 is $5,415,000 with the market action index hovering around 23. This is an increase over last month's market action index of 18. Inventory has decreased to 2.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
Home sales have been exceeding new inventory for several weeks. While still a Buyer's market, prices seem to have responded by moving upward. If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller's Market.
Real-Time Market Profile
| Median List Price | $5,415,000 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $627 | |
| Average Days on Market | 287 | |
| Median Days on Market | 287 | |
| Price Decreased | 0% | |
| Price Increased | 0% | |
| Relisted | 50% | |
| Inventory | 2 | |
| Median Rent | ||
| Market Action | 23 | |
| Slight Buyer's Advantage | ||
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.
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 |
|---|---|---|---|---|---|---|---|---|
| $6,500,000 | 10,360 | 6,500 - 8,000 sqft | 7 | 9.5 | 18 | 0 | 1 | 413 |
| $0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |
| $4,330,000 | 0 | 0 - 4,500 sqft | 6 | 7.5 | 15 | 0 | 1 | 161 |
| $0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |