Call or Text (240) SELL-123
Chicago Loop (The Loop) Loop Millenium Park New Eastside

CHICAGO, IL 60601

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

Neighborhoods in ZIP 60601

Chicago Loop (The Loop) · Loop · Millenium Park · New Eastside

Market Analysis

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

The CHICAGO, IL real estate market (60601) currently shows 113 active listings, with 39 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has tightened compared to last year, with 42 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 59 days on market compared to 56 days last year.

The median listing price has fallen 5.8% year-over-year, from $773,750 to $728,750.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for CHICAGO, IL 60601 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 16,398  ·  Density: 16,290.5/mi²  ·  Median household income: $121,294

Typical home value: $608,488  ·  Homeownership: 30.5%

Market Overview

Active Listings
113
⇩ 27.1% vs 155 last year
Pending
39
35% pending ratio
Median Price
$728,750
⇩ 5.8% vs $773,750 last year
Average Price
$1,323,828
⇧ 5.2% vs $1,258,971 last year
Days on Market
59
⇧ 5.4% vs 56 days last year

Price Per Square Foot

Median $/sqft
$595
⇧ 0.2% vs $594/sqft last year
Median Home Size
1,363 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 113 this year vs 155 last year
  • Days on market: 59 now vs 56 last year

Median & Average Pricing

Year over Year
  • Median: $728,750 (-5.8% YoY)
  • Average: $1,323,828 (+5.2% 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 5.8 miles — 1,744 listings ($1,380,476,011 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60601Chicago, IL 606010.0 mi119$153,637,449$792,000$1,291,071
60603Chicago, IL 606030.4 mi26$15,804,464$595,000$607,864
60611Chicago, IL 606110.7 mi442$498,674,566$682,500$1,128,223
60654Chicago, IL 606540.9 mi134$107,285,760$454,250$800,640
60605Chicago, IL 606051.3 mi134$67,452,518$395,975$503,377
60607Chicago, IL 606071.7 mi130$112,144,630$487,500$862,651
60616Chicago, IL 606162.8 mi140$58,265,060$359,950$416,179
60622Chicago, IL 606223.4 mi136$142,843,520$772,248$1,050,320
60608Chicago, IL 606083.6 mi75$31,844,775$367,498$424,597
60653Chicago, IL 606534.6 mi71$29,037,438$367,175$408,978
60613Chicago, IL 606135.2 mi146$94,014,802$277,000$643,937
60609Chicago, IL 606095.3 mi57$16,038,261$247,450$281,373
60615Chicago, IL 606155.8 mi134$53,432,768$287,250$398,752

Frequently Asked Questions

How many homes are for sale in CHICAGO, IL 60601?

As of September 2026, there are 113 active listings in CHICAGO, IL (zip code 60601), compared to 155 the prior year.

What is the median home price in CHICAGO, IL 60601?

The median listing price in CHICAGO, IL 60601 is $728,750 as of September 2026, a 5.8% decrease from $773,750 the prior year.

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

Homes in CHICAGO, IL 60601 spend an average of 59 days on the market before going under contract, compared to 56 days the prior year.

Is it a seller's or buyer's market in CHICAGO, IL 60601?

Based on current inventory and days-on-market data as of September 2026, CHICAGO, IL 60601 is currently a Balanced Market. Inventory has tightened compared to last year, with 42 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 59 days on market compared to 56 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CHICAGO, IL 60601 save an estimated $14,575 compared to a typical 5% commission on the median listing price of $728,750. 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.