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CHICAGO, IL 60607

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

Market Overview

Active Listings
108
⇩ 21.7% vs 138 last year
Pending
35
32% pending ratio
Median Price
$549,950
⇧ 18.6% vs $463,750 last year
Average Price
$823,511
⇩ 3.1% vs $849,907 last year
Days on Market
32
⇩ 47.5% vs 61 days last year

Market Context

Population: 28,797  ·  Density: 4,806.3/mi²  ·  Median household income: $119,500

Typical home value: $499,335  ·  Homeownership: 45.9%

Market Analysis

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

The CHICAGO, IL real estate market (60607) currently shows 108 active listings, with 35 pending sales. Homes are averaging 32 days on the market before going under contract.

Inventory has tightened compared to last year, with 30 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 32 days on market compared to 61 days last year.

The median listing price has risen 18.6% year-over-year, from $463,750 to $549,950.

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: 108 this year vs 138 last year
  • Days on market: 32 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $549,950 (+18.6% YoY)
  • Average: $823,511 (-3.1% 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 5.4 miles — 1,046 listings ($909,598,382 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60607Chicago, IL 606070.0 mi108$88,939,188$549,950$823,511
60606Chicago, IL 606060.9 mi16$8,376,800$417,000$523,550
60602Chicago, IL 606021.3 mi18$14,683,698$750,000$815,761
60654Chicago, IL 606541.4 mi111$105,439,233$462,000$949,903
60605Chicago, IL 606051.8 mi124$60,619,012$382,450$488,863
60642Chicago, IL 606421.9 mi51$53,639,250$885,000$1,051,750
60610Chicago, IL 606102.1 mi155$189,168,045$520,000$1,220,439
60616Chicago, IL 606162.4 mi124$48,994,136$370,000$395,114
60614Chicago, IL 606143.3 mi106$186,116,496$895,000$1,755,816
60623Chicago, IL 606233.9 mi15$4,259,580$293,000$283,972
60609Chicago, IL 606094.3 mi56$15,904,504$244,900$284,009
60657Chicago, IL 606574.5 mi122$119,281,840$587,500$977,720
60632Chicago, IL 606325.4 mi40$14,176,600$365,000$354,415

Frequently Asked Questions

How many homes are for sale in CHICAGO, IL 60607?

As of January 2026, there are 108 active listings in CHICAGO, IL (zip code 60607), compared to 138 the prior year.

What is the median home price in CHICAGO, IL 60607?

The median listing price in CHICAGO, IL 60607 is $549,950 as of January 2026, a 18.6% increase from $463,750 the prior year.

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

Homes in CHICAGO, IL 60607 spend an average of 32 days on the market before going under contract, compared to 61 days the prior year.

Is it a seller's or buyer's market in CHICAGO, IL 60607?

Based on current inventory and days-on-market data as of January 2026, CHICAGO, IL 60607 is currently a Seller's Market. Inventory has tightened compared to last year, with 30 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 32 days on market compared to 61 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 60607 save an estimated $10,999 compared to a typical 5% commission on the median listing price of $549,950. 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.