How's Chicago's Real Estate Market?

Chicago, IL 60610

Condos/Townhomes

312-961-6212



Chicago, IL 60610

Fri Aug 14 2020
This week the median list price for Chicago, IL 60610 is $475,000 with the market action index hovering around 32. This is an increase over last month's market action index of 30. Inventory has held steady at or around 461. 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 Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Chicago, IL 60610

Fri Aug 14 2020
This week the median list price for Chicago, IL 60610 is $475,000 with the market action index hovering around 32. This is an increase over last month's market action index of 30. Inventory has held steady at or around 461. 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 Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Chicago market.
Median List Price $475,000
Per Square Foot $360
Days on Market 117
Price Decreased 27%
Price Increased 0%
Relisted 24%
Inventory 461
Median Rent $2,100
Most Expensive $7,999,000
Least Expensive $137,500
Market Action 32
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. 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
$1,199,900 2,580 0 - 4,500 sqft 3 3 40 3 3 173
$619,000 1,710 0 - 4,500 sqft 2 2 31 11 10 88
$379,900 1,193 - 2 2 31 5 7 117
$241,500 750 - 1 1 52 5 6 89