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CHICAGO, IL 60606

Real Estate Market Report  ·  Cook County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
16
⇩ 33.3% vs 24 last year
Pending
4
25% pending ratio
Median Price
$417,000
⇩ 7.3% vs $449,750 last year
Average Price
$523,550
⇩ 12.2% vs $596,354 last year
Days on Market
36
⇩ 44.6% vs 65 days last year

Market Context

Population: 3,513  ·  Density: 5,844.8/mi²  ·  Median household income: $133,333

Typical home value: $353,386  ·  Homeownership: 33.0%

Market Analysis

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

The CHICAGO, IL real estate market (60606) currently shows 16 active listings, with 4 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 36 days on market compared to 65 days last year.

The median listing price has fallen 7.3% year-over-year, from $449,750 to $417,000.

Whether you are buying or selling in CHICAGO, 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
  • Listings: 16 this year vs 24 last year
  • Days on market: 36 now vs 65 last year

Median & Average Pricing

Year over Year
  • Median: $417,000 (-7.3% YoY)
  • Average: $523,550 (-12.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.5 miles — 1,308 listings ($1,278,926,347 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60606Chicago, IL 606060.0 mi16$8,376,800$417,000$523,550
60602Chicago, IL 606020.4 mi18$14,683,698$750,000$815,761
60603Chicago, IL 606030.5 mi20$11,488,000$575,000$574,400
60601Chicago, IL 606010.8 mi95$123,325,105$812,000$1,298,159
60611Chicago, IL 606111.3 mi414$469,790,640$690,000$1,134,760
60610Chicago, IL 606101.5 mi155$189,168,045$520,000$1,220,439
60616Chicago, IL 606162.6 mi124$48,994,136$370,000$395,114
60622Chicago, IL 606222.8 mi100$101,471,100$739,950$1,014,711
60614Chicago, IL 606142.9 mi106$186,116,496$895,000$1,755,816
60647Chicago, IL 606474.3 mi74$57,509,692$674,900$777,158
60653Chicago, IL 606534.5 mi63$26,344,269$362,500$418,163
60609Chicago, IL 606094.9 mi56$15,904,504$244,900$284,009
60651Chicago, IL 606515.5 mi67$25,753,862$371,950$384,386

Frequently Asked Questions

How many homes are for sale in CHICAGO, IL 60606?

As of January 2026, there are 16 active listings in CHICAGO, IL (zip code 60606), compared to 24 the prior year.

What is the median home price in CHICAGO, IL 60606?

The median listing price in CHICAGO, IL 60606 is $417,000 as of January 2026, a 7.3% decrease from $449,750 the prior year.

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

Homes in CHICAGO, IL 60606 spend an average of 36 days on the market before going under contract, compared to 65 days the prior year.

Is it a seller's or buyer's market in CHICAGO, IL 60606?

Based on current inventory and days-on-market data as of January 2026, CHICAGO, IL 60606 is currently a Seller's Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 36 days on market compared to 65 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 60606 save an estimated $8,340 compared to a typical 5% commission on the median listing price of $417,000. 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.