How's Chicago's Real Estate Market?
Chicago, IL 60611
Condos/Townhomes
312-961-6212
Chicago, IL 60611
Sat Dec 06 2025
This week the median list price for Chicago, IL 60611 is $699,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has decreased to 361.
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
| Median List Price | $699,000 | |
| Median Price of New Listings | $296,950 | |
| Per Square Foot | $466 | |
| Average Days on Market | 180 | |
| Median Days on Market | 112 | |
| Price Decreased | 19% | |
| Price Increased | 1% | |
| Relisted | 20% | |
| Inventory | 361 | |
| Median Rent | ||
| Market Action | 28 | |
| Slight Buyer's Advantage | ||
While the median price in this zip code hasn’t moved much in the last few weeks, 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 |
|---|---|---|---|---|---|---|---|---|
| $2,100,000 | 3,175 | - | 3 | 3.5 | 19 | 1 | 5 | 154 |
| $949,500 | 1,845 | - | 2 | 2.5 | 41 | 1 | 6 | 119 |
| $541,000 | 1,256 | - | 2 | 2 | 34 | 0 | 6 | 129 |
| $255,000 | 800 | - | 1 | 1 | 46 | 4 | 11 | 84 |