How's Chicago's Real Estate Market?
Chicago, IL 60611
Co-Ops
312-961-6212
Chicago, IL 60611
Wed Apr 29 2026
This week the median list price for Chicago, IL 60611 is $599,999 with the market action index hovering around 27. This is an increase over last month's market action index of 25. Inventory has held steady at or around 16.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
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
| Median List Price | $599,999 | |
| Median Price of New Listings | $525,000 | |
| Per Square Foot | $350 | |
| Average Days on Market | 234 | |
| Median Days on Market | 112 | |
| Price Decreased | 13% | |
| Price Increased | 0% | |
| Relisted | 19% | |
| Inventory | 16 | |
| Median Rent | ||
| Market Action | 27 | |
| Slight Buyer's Advantage | ||
We continue to see the market at a plateau. This week prices bumped down a bit. Look for a persistent down-shift in the Market Action Index before we see prices significantly deviate 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 |
|---|---|---|---|---|---|---|---|---|
| $1,599,500 | 3,793 | - | 4 | 4 | 102 | 0 | 1 | 84 |
| $849,750 | 1,800 | - | 3 | 2.8 | 102 | 0 | 1 | 105 |
| $566,500 | 1,600 | - | 3 | 2 | 75 | 1 | 1 | 87 |
| $312,000 | 989 | - | 1 | 1.5 | 75 | 1 | 0 | 476 |