Market Report

Chicago, IL 60611

Condos/Townhomes

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



Chicago, IL 60611

Fri Mar 14 2025
This week the median list price for Chicago, IL 60611 is $674,950 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has increased to 426. 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 60611

Fri Mar 14 2025
This week the median list price for Chicago, IL 60611 is $674,950 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has increased to 426. 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 $674,950
Median Price of New Listings $467,000
Per Square Foot $452
Average Days on Market 185
Median Days on Market 109
Price Decreased 14%
Price Increased 0%
Relisted 24%
Inventory 426
Median Rent
Market Action 28
Slight Buyer's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing around this 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
$2,270,000 3,100 - 3 3.5 21 2 7 189
$962,500 1,853 - 2 2.5 41 13 5 73
$500,000 1,257 - 2 2 34 12 9 105
$266,999 800 - 1 1 46 19 13 56