How's Chicago's Real Estate Market?

Chicago, IL 60610

Condos/Townhomes

312-961-6212



Chicago, IL 60610

Sat Jan 23 2021
This week the median list price for Chicago, IL 60610 is $399,900 with the market action index hovering around 33. This is an increase over last month's market action index of 30. Inventory has held steady at or around 395. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Chicago, IL 60610

Sat Jan 23 2021
This week the median list price for Chicago, IL 60610 is $399,900 with the market action index hovering around 33. This is an increase over last month's market action index of 30. Inventory has held steady at or around 395. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Chicago market.
Median List Price $399,900
Per Square Foot $336
Days on Market 157
Price Decreased 16%
Price Increased 0%
Relisted 27%
Inventory 395
Median Rent $1,950
Most Expensive $7,999,000
Least Expensive $139,000
Market Action 33
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
$1,237,500 2,750 0 - 4,500 sqft 3 3 35 16 14 226
$524,900 1,506 0 - 4,500 sqft 2 2 46 30 33 161
$310,000 980 - 1 1 51 28 38 110
$210,000 750 - 1 1 53 26 16 132