How's Chicago's Real Estate Market?

Chicago, IL 60610

Single-Family Homes

312-961-6212



Chicago, IL 60610

Tue May 26 2020
This week the median list price for Chicago, IL 60610 is $2,195,000 with the market action index hovering around 22. This is less than last month's market action index of 23. Inventory has held steady at or around 45. 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

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Chicago, IL 60610

Tue May 26 2020
This week the median list price for Chicago, IL 60610 is $2,195,000 with the market action index hovering around 22. This is less than last month's market action index of 23. Inventory has held steady at or around 45. 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

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Chicago market.
Median List Price $2,195,000
Per Square Foot $514
Days on Market 264
Price Decreased 29%
Price Increased 0%
Relisted 22%
Inventory 45
Median Rent $2,995
Most Expensive $10,500,000
Least Expensive $395,000
Market Action 22
Slight Buyer's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$5,999,000 9,000 0 - 4,500 sqft 6 7 122 0 0 414
$2,975,000 5,100 0 - 4,500 sqft 5 5 129 0 1 250
$1,850,000 4,000 0 - 4,500 sqft 4 4 93 0 0 201
$974,999 3,200 0 - 4,500 sqft 4 4 92 0 0 196