How's Chicago's Real Estate Market?

Chicago, IL 60610

Single-Family Homes

312-961-6212



Chicago, IL 60610

Sun Dec 07 2025
This week the median list price for Chicago, IL 60610 is $4,124,000 with the market action index hovering around 25. This is an increase over last month's market action index of 24. Inventory has decreased to 12. 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 been exceeding new inventory for several weeks. While still a Buyer's market, prices seem to have responded by moving upward. If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller's Market.

Chicago, IL 60610

Sun Dec 07 2025
This week the median list price for Chicago, IL 60610 is $4,124,000 with the market action index hovering around 25. This is an increase over last month's market action index of 24. Inventory has decreased to 12. 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 been exceeding new inventory for several weeks. While still a Buyer's market, prices seem to have responded by moving upward. If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller's Market.

Real-Time Market Profile

Never miss important changes in the Chicago market.
Median List Price $4,124,000
Median Price of New Listings $0
Per Square Foot $577
Average Days on Market 464
Median Days on Market 333
Price Decreased 17%
Price Increased 0%
Relisted 17%
Inventory 12
Median Rent
Market Action 25
Slight Buyer's Advantage

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. 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
$6,500,000 10,500 - 5 7 137 0 1 224
$4,395,000 8,400 - 7 5.5 139 0 0 959
$3,395,000 7,480 0 - 4,500 sqft 5 6 126 0 1 658
$1,750,000 5,000 - 5 4 138 0 0 133