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Fulton Market Greektown Little Italy Near West Side Printer's Row (Printers Row) University Village West Loop

CHICAGO, IL 60607

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

Neighborhoods in ZIP 60607

Fulton Market · Greektown · Little Italy · Near West Side · Printer's Row (Printers Row) · University Village · West Loop

Market Analysis

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

The CHICAGO, IL real estate market (60607) currently shows 154 active listings, with 75 pending sales. Homes are averaging 27 days on the market before going under contract.

Inventory has tightened compared to last year, with 25 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 27 days on market compared to 32 days last year.

The median listing price has risen 14.3% year-over-year, from $525,000 to $599,900.

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 Context

Market Context

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

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

Market Overview

Active Listings
154
⇩ 14% vs 179 last year
Pending
75
49% pending ratio
Median Price
$599,900
⇧ 14.3% vs $525,000 last year
Average Price
$931,920
⇧ 7.6% vs $865,753 last year
Days on Market
27
⇩ 15.6% vs 32 days last year

Price Per Square Foot

Median $/sqft
$454
⇧ 8.9% vs $417/sqft last year
Median Home Size
1,233 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 154 this year vs 179 last year
  • Days on market: 27 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $599,900 (+14.3% YoY)
  • Average: $931,920 (+7.6% 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 5.4 miles — 1,297 listings ($1,207,859,107 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60607Chicago, IL 606070.0 mi130$112,144,630$487,500$862,651
60606Chicago, IL 606060.9 mi19$10,131,161$461,000$533,219
60602Chicago, IL 606021.3 mi22$17,019,706$746,625$773,623
60654Chicago, IL 606541.4 mi134$107,285,760$454,250$800,640
60605Chicago, IL 606051.8 mi134$67,452,518$395,975$503,377
60642Chicago, IL 606421.9 mi77$73,389,008$853,125$953,104
60610Chicago, IL 606102.1 mi211$254,776,381$511,000$1,207,471
60616Chicago, IL 606162.4 mi140$58,265,060$359,950$416,179
60614Chicago, IL 606143.3 mi161$322,799,687$1,242,500$2,004,967
60623Chicago, IL 606233.9 mi17$5,163,801$323,675$303,753
60609Chicago, IL 606094.3 mi57$16,038,261$247,450$281,373
60657Chicago, IL 606574.5 mi152$148,752,064$568,750$978,632
60632Chicago, IL 606325.4 mi43$14,641,070$352,450$340,490

Frequently Asked Questions

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

As of March 2026, there are 154 active listings in CHICAGO, IL (zip code 60607), compared to 179 the prior year.

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

The median listing price in CHICAGO, IL 60607 is $599,900 as of March 2026, a 14.3% increase from $525,000 the prior year.

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

Homes in CHICAGO, IL 60607 spend an average of 27 days on the market before going under contract, compared to 32 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 March 2026, CHICAGO, IL 60607 is currently a Seller's Market. Inventory has tightened compared to last year, with 25 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 27 days on market compared to 32 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 $11,998 compared to a typical 5% commission on the median listing price of $599,900. 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.