Market Report
Chicago, IL 60640
Condos/Townhomes
The Pareto Group I zak@paretogroup.realestate I (312) 883-8550
Chicago, IL 60640
Tue Feb 03 2026
This week the median list price for Chicago, IL 60640 is $299,000 with the market action index hovering around 53. This is an increase over last month's market action index of 46. Inventory has decreased to 30.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Real-Time Market Profile
| Median List Price | $299,000 | |
| Median Price of New Listings | $219,000 | |
| Per Square Foot | $264 | |
| Average Days on Market | 135 | |
| Median Days on Market | 56 | |
| Price Decreased | 7% | |
| Price Increased | 0% | |
| Relisted | 37% | |
| Inventory | 30 | |
| Median Rent | ||
| Market Action | 53 | |
| Strong Seller's Market | ||
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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 |
|---|---|---|---|---|---|---|---|---|
| $664,000 | 1,850 | - | 3 | 2 | 113 | 0 | 2 | 98 |
| $349,999 | 1,350 | - | 2 | 2 | 57 | 1 | 1 | 49 |
| $227,000 | 815 | - | 1 | 1 | 47 | 0 | 3 | 28 |
| $157,000 | 600 | - | 1 | 1 | 52 | 1 | 2 | 77 |