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Fay's Point Historic District (Silk Stocking District)

BLUE ISLAND, IL 60406

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

Neighborhoods in ZIP 60406

Fay's Point · Historic District (Silk Stocking District)

Market Analysis

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

The BLUE ISLAND, IL real estate market (60406) currently shows 44 active listings, with 11 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 50 days on market compared to 68 days last year.

The median listing price has fallen 6.8% year-over-year, from $232,000 to $216,200.

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 Context

Market Context

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

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

Market Overview

Active Listings
44
⇧ 18.9% vs 37 last year
Pending
11
25% pending ratio
Median Price
$216,200
⇩ 6.8% vs $232,000 last year
Average Price
$216,674
⇩ 0.8% vs $218,410 last year
Days on Market
50
⇩ 26.5% vs 68 days last year

Price Per Square Foot

Median $/sqft
$137
⇩ 13.3% vs $158/sqft last year
Median Home Size
1,452 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 44 this year vs 37 last year
  • Days on market: 50 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $216,200 (-6.8% YoY)
  • Average: $216,674 (-0.8% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.6 miles — 747 listings ($186,293,718 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60406Blue Island, IL 604060.0 mi49$10,226,643$213,199$208,707
60469Posen, IL 604691.8 mi5$1,135,875$234,500$227,175
60655Chicago, IL 606553.0 mi49$21,022,568$358,900$429,032
60418Crestwood, IL 604183.1 mi27$7,165,665$261,475$265,395
60445Midlothian, IL 604453.3 mi33$8,121,762$246,225$246,114
60428Markham, IL 604283.8 mi83$14,716,647$166,995$177,309
60419Dolton, IL 604194.7 mi136$24,875,216$175,000$182,906
60452Oak Forest, IL 604524.9 mi62$18,175,734$307,450$293,157
60463Palos Heights, IL 604635.6 mi39$13,458,744$328,200$345,096
60473South Holland, IL 604735.8 mi139$33,387,244$231,000$240,196
60415Chicago Ridge, IL 604156.0 mi39$9,746,763$209,000$249,917
60482Worth, IL 604826.1 mi29$8,784,274$279,900$302,906
60652Chicago, IL 606526.6 mi57$15,476,583$295,625$271,519

Frequently Asked Questions

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

As of March 2026, there are 44 active listings in BLUE ISLAND, IL (zip code 60406), compared to 37 the prior year.

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

The median listing price in BLUE ISLAND, IL 60406 is $216,200 as of March 2026, a 6.8% decrease from $232,000 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 50 days on the market before going under contract, compared to 68 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 March 2026, BLUE ISLAND, IL 60406 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 50 days on market compared to 68 days 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 $4,324 compared to a typical 5% commission on the median listing price of $216,200. 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.