How's Chicago's Real Estate Market?
Chicago, IL 60610
Condos/Townhomes
312-961-6212
Chicago, IL 60610
Thu Apr 30 2026
This week the median list price for Chicago, IL 60610 is $449,000 with the market action index hovering around 45. This is an increase over last month's market action index of 42. Inventory has increased to 101.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.
Real-Time Market Profile
| Median List Price | $449,000 | |
| Median Price of New Listings | $355,000 | |
| Per Square Foot | $399 | |
| Average Days on Market | 81 | |
| Median Days on Market | 35 | |
| Price Decreased | 15% | |
| Price Increased | 1% | |
| Relisted | 24% | |
| Inventory | 101 | |
| Median Rent | ||
| Market Action | 45 | |
| Strong Seller's Market | ||
Again this week we see a downward notch for prices in this zip code. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough 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 |
|---|---|---|---|---|---|---|---|---|
| $1,137,000 | 2,893 | - | 3 | 2.5 | 56 | 2 | 4 | 42 |
| $549,000 | 1,550 | - | 2 | 2 | 62 | 4 | 5 | 28 |
| $350,000 | 900 | - | 1 | 1 | 46 | 3 | 5 | 42 |
| $250,000 | 650 | - | 1 | 1 | 56 | 4 | 3 | 21 |