Baird & Warner's Market Report
Chicago, IL 60646
Single-Family Homes
www.BairdWarner.com
Chicago, IL 60646
Mon Nov 02 2026
This week the median list price for Chicago, IL 60646 is $594,450 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has decreased to 20.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.
Real-Time Market Profile
| Median List Price | $594,450 | |
| Median Price of New Listings | $637,000 | |
| Per Square Foot | $320 | |
| Average Days on Market | 77 | |
| Median Days on Market | 56 | |
| Price Decreased | 30% | |
| Price Increased | 0% | |
| Relisted | 35% | |
| Inventory | 20 | |
| Median Rent | ||
| Market Action | 51 | |
| Strong Seller's Market | ||
This week prices in this zip code bumped up a bit but the trend of the last few weeks is generally downward. Look for an up shift in the Market Action Index before we see a significant rise in prices.
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 |
|---|---|---|---|---|---|---|---|---|
| $975,000 | 3,095 | 0 - 4,500 sqft | 6 | 3 | 71 | 0 | 1 | 133 |
| $635,000 | 2,262 | 0 - 4,500 sqft | 4 | 2.5 | 77 | 2 | 0 | 35 |
| $536,000 | 1,833 | - | 3 | 2 | 74 | 0 | 1 | 70 |
| $470,000 | 1,362 | 0 - 4,500 sqft | 4 | 2 | 75 | 0 | 2 | 42 |