How's Chicago's Real Estate Market?

Chicago, IL 60610

Condos/Townhomes

312-961-6212



Chicago, IL 60610

Fri May 09 2025
This week the median list price for Chicago, IL 60610 is $565,000 with the market action index hovering around 38. This is an increase over last month's market action index of 36. Inventory has held steady at or around 166. 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

Market Narrative

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Chicago, IL 60610

Fri May 09 2025
This week the median list price for Chicago, IL 60610 is $565,000 with the market action index hovering around 38. This is an increase over last month's market action index of 36. Inventory has held steady at or around 166. 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

Market Narrative

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Chicago market.
Median List Price $565,000
Median Price of New Listings $455,000
Per Square Foot $394
Average Days on Market 108
Median Days on Market 49
Price Decreased 17%
Price Increased 1%
Relisted 27%
Inventory 166
Median Rent
Market Action 38
Slight Seller's Advantage

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

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
$1,565,000 3,255 - 3 3.5 30 4 1 49
$725,000 1,850 - 2 2 53 6 4 49
$439,950 1,198 - 2 2 52 7 6 49
$275,000 845 - 1 1 55 10 9 35