How's Chicago's Real Estate Market?

Chicago, IL 60610

Condos/Townhomes

312-961-6212



Chicago, IL 60610

Fri Apr 23 2021
This week the median list price for Chicago, IL 60610 is $395,000 with the market action index hovering around 28. This is less than last month's market action index of 30. Inventory has held steady at or around 485. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Chicago, IL 60610

Fri Apr 23 2021
This week the median list price for Chicago, IL 60610 is $395,000 with the market action index hovering around 28. This is less than last month's market action index of 30. Inventory has held steady at or around 485. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Chicago market.
Median List Price $395,000
Per Square Foot $340
Days on Market 70
Price Decreased 19%
Price Increased 0%
Relisted 23%
Inventory 485
Median Rent $1,950
Most Expensive $7,999,000
Least Expensive $130,000
Market Action 28
Slight Buyer'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
$985,000 2,480 0 - 4,500 sqft 3 3 40 4 4 98
$469,900 1,387 0 - 4,500 sqft 2 2 31 19 17 56
$300,000 899 1 - 2.5 acres 1 1 50 11 12 56
$202,500 752 - 1 1 54 14 11 91