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Little Palestine (Arab Projects)

CHICAGO RIDGE, IL 60415

Real Estate Market Report
Balanced Market
June 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60415

Little Palestine (Arab Projects)

Market Analysis

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

The CHICAGO RIDGE, IL real estate market (60415) currently shows 46 active listings, with 26 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 46 days on market compared to 41 days last year.

The median listing price has fallen 28.3% year-over-year, from $283,725 to $203,500.

Whether you are buying or selling in CHICAGO RIDGE, 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: 14,284  ·  Density: 2,433.7/mi²  ·  Median household income: $65,168

Typical home value: $198,096  ·  Homeownership: 57.9%

Market Overview

Active Listings
46
⇩ 8% vs 50 last year
Pending
26
57% pending ratio
Median Price
$203,500
⇩ 28.3% vs $283,725 last year
Average Price
$247,744
⇩ 7.5% vs $267,806 last year
Days on Market
46
⇧ 12.2% vs 41 days last year

Price Per Square Foot

Median $/sqft
$180
⇩ 4.8% vs $189/sqft last year
Median Home Size
1,100 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 46 this year vs 50 last year
  • Days on market: 46 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $203,500 (-28.3% YoY)
  • Average: $247,744 (-7.5% 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 6.1 miles — 654 listings ($215,029,595 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60415Chicago Ridge, IL 604150.0 mi39$9,746,763$209,000$249,917
60453Oak Lawn, IL 604531.6 mi162$49,225,806$280,750$303,863
60459Burbank, IL 604592.9 mi60$21,514,140$339,450$358,569
60457Hickory Hills, IL 604573.0 mi29$12,038,161$387,450$415,109
60803Alsip, IL 608033.1 mi44$11,749,100$267,500$267,025
60655Chicago, IL 606554.0 mi49$21,022,568$358,900$429,032
60458Justice, IL 604584.2 mi20$7,509,020$375,000$375,451
60652Chicago, IL 606524.5 mi57$15,476,583$295,625$271,519
60480Willow Springs, IL 604805.1 mi15$8,964,255$462,500$597,617
60472Robbins, IL 604725.5 mi8$1,309,672$109,000$163,709
60501Summit Argo, IL 605015.8 mi16$5,108,496$305,250$319,281
60406Blue Island, IL 604066.0 mi49$10,226,643$213,199$208,707
60462Orland Park, IL 604626.1 mi106$41,138,388$353,675$388,098

Frequently Asked Questions

How many homes are for sale in CHICAGO RIDGE, IL 60415?

As of June 2026, there are 46 active listings in CHICAGO RIDGE, IL (zip code 60415), compared to 50 the prior year.

What is the median home price in CHICAGO RIDGE, IL 60415?

The median listing price in CHICAGO RIDGE, IL 60415 is $203,500 as of June 2026, a 28.3% decrease from $283,725 the prior year.

How long do homes stay on the market in CHICAGO RIDGE, IL?

Homes in CHICAGO RIDGE, IL 60415 spend an average of 46 days on the market before going under contract, compared to 41 days the prior year.

Is it a seller's or buyer's market in CHICAGO RIDGE, IL 60415?

Based on current inventory and days-on-market data as of June 2026, CHICAGO RIDGE, IL 60415 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 46 days on market compared to 41 days last year.

How much can I save on real estate commission in CHICAGO RIDGE, IL?

With SELL123.com's maximum 3% commission, sellers in CHICAGO RIDGE, IL 60415 save an estimated $4,070 compared to a typical 5% commission on the median listing price of $203,500. 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.