Call or Text (240) SELL-123
Chicago Loop (The Loop) Loop New Eastside River North West Loop

CHICAGO, IL 60606

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

Neighborhoods in ZIP 60606

Chicago Loop (The Loop) · Loop · New Eastside · River North · West Loop

Market Analysis

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

The CHICAGO, IL real estate market (60606) currently shows 25 active listings, with 8 pending sales. Homes are averaging 25 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 25 days on market compared to 44 days last year.

The median listing price has fallen 2.1% year-over-year, from $450,000 to $440,500.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for CHICAGO, IL 60606 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

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

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

Market Overview

Active Listings
25
⇩ 26.5% vs 34 last year
Pending
8
32% pending ratio
Median Price
$440,500
⇩ 2.1% vs $450,000 last year
Average Price
$540,804
⇩ 10.4% vs $603,594 last year
Days on Market
25
⇩ 43.2% vs 44 days last year

Price Per Square Foot

Median $/sqft
$292
⇩ 15.1% vs $344/sqft last year
Median Home Size
1,538 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 25 this year vs 34 last year
  • Days on market: 25 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $440,500 (-2.1% YoY)
  • Average: $540,804 (-10.4% 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 5.5 miles — 1,553 listings ($1,623,943,903 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60606Chicago, IL 606060.0 mi19$10,131,161$461,000$533,219
60602Chicago, IL 606020.4 mi22$17,019,706$746,625$773,623
60603Chicago, IL 606030.5 mi26$15,804,464$595,000$607,864
60601Chicago, IL 606010.8 mi119$153,637,449$792,000$1,291,071
60611Chicago, IL 606111.3 mi442$498,674,566$682,500$1,128,223
60610Chicago, IL 606101.5 mi211$254,776,381$511,000$1,207,471
60616Chicago, IL 606162.6 mi140$58,265,060$359,950$416,179
60622Chicago, IL 606222.8 mi136$142,843,520$772,248$1,050,320
60614Chicago, IL 606142.9 mi161$322,799,687$1,242,500$2,004,967
60647Chicago, IL 606474.3 mi85$81,984,370$749,450$964,522
60653Chicago, IL 606534.5 mi71$29,037,438$367,175$408,978
60609Chicago, IL 606094.9 mi57$16,038,261$247,450$281,373
60651Chicago, IL 606515.5 mi64$22,931,840$357,500$358,310

Frequently Asked Questions

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

As of March 2026, there are 25 active listings in CHICAGO, IL (zip code 60606), compared to 34 the prior year.

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

The median listing price in CHICAGO, IL 60606 is $440,500 as of March 2026, a 2.1% decrease from $450,000 the prior year.

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

Homes in CHICAGO, IL 60606 spend an average of 25 days on the market before going under contract, compared to 44 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 March 2026, CHICAGO, IL 60606 is currently a Seller's Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 25 days on market compared to 44 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 $8,810 compared to a typical 5% commission on the median listing price of $440,500. 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.