Market Report
Chicago, IL 60640
Single-Family Homes
The Pareto Group I zak@paretogroup.realestate I (312) 883-8550
Chicago, IL 60640
Sun Sep 14 2025
This week the median list price for Chicago, IL 60640 is $1,725,000 with the market action index hovering around 58. This is an increase over last month's market action index of 55. Inventory has decreased to 3.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices
Real-Time Market Profile
| Median List Price | $1,725,000 | |
| Median Price of New Listings | $769,900 | |
| Per Square Foot | $431 | |
| Average Days on Market | 61 | |
| Median Days on Market | 70 | |
| Price Decreased | 0% | |
| Price Increased | 0% | |
| Relisted | 33% | |
| Inventory | 3 | |
| Median Rent | ||
| Market Action | 58 | |
| Strong Seller's Market | ||
Click for more charts
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend 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 |
|---|---|---|---|---|---|---|---|---|
| $3,195,000 | 7,120 | - | 6 | 7 | 15 | 0 | 1 | 112 |
| $1,725,000 | 4,000 | - | 6 | 4.5 | 105 | 0 | 0 | 70 |
| $769,900 | 2,500 | - | 4 | 3.5 | 125 | 1 | 0 | 0 |
| $0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |