Market Report
Chicago, IL 60611
Condos/Townhomes
The Pareto Group I zak@paretogroup.realestate I (312) 883-8550
Chicago, IL 60611
Sat Nov 01 2025
This week the median list price for Chicago, IL 60611 is $725,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has decreased to 421.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer's market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.
Real-Time Market Profile
| Median List Price | $725,000 | |
| Median Price of New Listings | $687,250 | |
| Per Square Foot | $457 | |
| Average Days on Market | 166 | |
| Median Days on Market | 98 | |
| Price Decreased | 19% | |
| Price Increased | 1% | |
| Relisted | 23% | |
| Inventory | 421 | |
| Median Rent | ||
| Market Action | 28 | |
| Slight Buyer's Advantage | ||
While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.
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 |
|---|---|---|---|---|---|---|---|---|
| $2,199,500 | 3,080 | - | 3 | 3.5 | 20 | 1 | 4 | 119 |
| $950,000 | 1,931 | - | 2 | 2.5 | 34 | 4 | 9 | 112 |
| $542,000 | 1,314 | - | 2 | 2 | 35 | 3 | 7 | 119 |
| $272,900 | 849 | - | 1 | 1 | 42 | 2 | 13 | 77 |