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BLUE ISLAND, IL 60406

Real Estate Market Report  ·  Cook County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
46
vs 46 last year
Pending
14
30% pending ratio
Median Price
$194,000
⇩ 19% vs $239,500 last year
Average Price
$190,336
⇩ 13.8% vs $220,870 last year
Days on Market
46
vs 46 days last year

Market Context

Population: 24,959  ·  Density: 1,794.2/mi²  ·  Median household income: $55,830

Typical home value: $155,739  ·  Homeownership: 48.9%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The BLUE ISLAND, IL real estate market (60406) currently shows 46 active listings, with 14 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

The median listing price has fallen 19% year-over-year, from $239,500 to $194,000.

Whether you are buying or selling in BLUE ISLAND, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 46 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $194,000 (-19% YoY)
  • Average: $190,336 (-13.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.6 miles — 746 listings ($182,921,621 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60406Blue Island, IL 604060.0 mi46$8,755,456$194,000$190,336
60469Posen, IL 604691.8 mi6$1,483,902$250,000$247,317
60655Chicago, IL 606553.0 mi41$16,720,087$359,250$407,807
60418Crestwood, IL 604183.1 mi21$5,142,669$227,250$244,889
60445Midlothian, IL 604453.3 mi37$8,982,009$246,900$242,757
60428Markham, IL 604283.8 mi79$14,052,125$170,000$177,875
60419Dolton, IL 604194.7 mi141$25,815,549$176,200$183,089
60452Oak Forest, IL 604524.9 mi60$17,687,820$290,000$294,797
60463Palos Heights, IL 604635.6 mi36$13,220,352$344,999$367,232
60473South Holland, IL 604735.8 mi140$33,393,360$229,950$238,524
60415Chicago Ridge, IL 604156.0 mi43$11,025,286$205,000$256,402
60482Worth, IL 604826.1 mi33$9,425,988$279,900$285,636
60652Chicago, IL 606526.6 mi63$17,217,018$289,900$273,286

Frequently Asked Questions

How many homes are for sale in BLUE ISLAND, IL 60406?

As of January 2026, there are 46 active listings in BLUE ISLAND, IL (zip code 60406), compared to 46 the prior year.

What is the median home price in BLUE ISLAND, IL 60406?

The median listing price in BLUE ISLAND, IL 60406 is $194,000 as of January 2026, a 19% decrease from $239,500 the prior year.

How long do homes stay on the market in BLUE ISLAND, IL?

Homes in BLUE ISLAND, IL 60406 spend an average of 46 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in BLUE ISLAND, IL 60406?

Based on current inventory and days-on-market data as of January 2026, BLUE ISLAND, IL 60406 is currently a Balanced Market. Inventory levels are unchanged compared to last year.

How much can I save on real estate commission in BLUE ISLAND, IL?

With SELL123.com's maximum 3% commission, sellers in BLUE ISLAND, IL 60406 save an estimated $3,880 compared to a typical 5% commission on the median listing price of $194,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.