Market Report
Chicago, IL 60647
Single-Family Homes
The Pareto Group I zak@paretogroup.realestate I (312) 883-8550
Chicago, IL 60647
Wed Jan 28 2026
This week the median list price for Chicago, IL 60647 is $962,450 with the market action index hovering around 42. This is an increase over last month's market action index of 40. Inventory has decreased to 16.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Real-Time Market Profile
| Median List Price | $962,450 | |
| Median Price of New Listings | $1,797,500 | |
| Per Square Foot | $394 | |
| Average Days on Market | 100 | |
| Median Days on Market | 70 | |
| Price Decreased | 6% | |
| Price Increased | 0% | |
| Relisted | 44% | |
| Inventory | 16 | |
| Median Rent | ||
| Market Action | 42 | |
| Slight Seller's Advantage | ||
Click for more charts
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 |
|---|---|---|---|---|---|---|---|---|
| $1,796,250 | 3,800 | - | 5 | 4 | 1 | 1 | 1 | 42 |
| $1,037,500 | 3,212 | 0 - 4,500 sqft | 4 | 3.5 | 14 | 0 | 0 | 42 |
| $684,500 | 2,048 | 0 - 4,500 sqft | 4 | 2 | 132 | 0 | 1 | 220 |
| $475,000 | 1,277 | - | 4 | 2 | 137 | 0 | 0 | 42 |