How's Chicago's Real Estate Market?

Chicago, IL 60610

Single-Family Homes

312-961-6212



Chicago, IL 60610

Tue Jul 01 2025
This week the median list price for Chicago, IL 60610 is $3,924,500 with the market action index hovering around 26. This is less than last month's market action index of 27. Inventory has held steady at or around 18. 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

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Chicago, IL 60610

Tue Jul 01 2025
This week the median list price for Chicago, IL 60610 is $3,924,500 with the market action index hovering around 26. This is less than last month's market action index of 27. Inventory has held steady at or around 18. 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

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Chicago market.
Median List Price $3,924,500
Median Price of New Listings $0
Per Square Foot $561
Average Days on Market 365
Median Days on Market 312
Price Decreased 6%
Price Increased 0%
Relisted 33%
Inventory 18
Median Rent
Market Action 26
Slight Buyer's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.

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
$8,950,000 8,300 - 5 5.5 137 0 0 231
$4,322,000 8,004 0 - 4,500 sqft 6 6.3 139 0 0 535
$2,999,000 6,300 0 - 4,500 sqft 5 4.5 135 0 0 469
$1,662,450 4,000 - 4 3.8 128 0 0 91