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Data as of July 2026. Source: Realtor.com.
The CHICAGO, IL real estate market (60616) currently shows 145 active listings, with 50 pending sales. Homes are averaging 38 days on the market before going under contract.
Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 38 days on market compared to 40 days last year.
The median listing price has fallen 2.1% year-over-year, from $357,500 to $349,950.
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.
Population: 52,707 · Density: 5,355.2/mi² · Median household income: $72,326
Typical home value: $394,510 · Homeownership: 37.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 60616 | Chicago, IL 60616 | 0.0 mi | 140 | $58,265,060 | $359,950 | $416,179 |
| 60653 | Chicago, IL 60653 | 2.0 mi | 71 | $29,037,438 | $367,175 | $408,978 |
| 60604 | Chicago, IL 60604 | 2.3 mi | 5 | $2,915,625 | $579,500 | $583,125 |
| 60603 | Chicago, IL 60603 | 2.4 mi | 26 | $15,804,464 | $595,000 | $607,864 |
| 60602 | Chicago, IL 60602 | 2.6 mi | 22 | $17,019,706 | $746,625 | $773,623 |
| 60661 | Chicago, IL 60661 | 2.8 mi | 40 | $21,870,200 | $447,500 | $546,755 |
| 60615 | Chicago, IL 60615 | 3.2 mi | 134 | $53,432,768 | $287,250 | $398,752 |
| 60611 | Chicago, IL 60611 | 3.5 mi | 442 | $498,674,566 | $682,500 | $1,128,223 |
| 60610 | Chicago, IL 60610 | 4.1 mi | 211 | $254,776,381 | $511,000 | $1,207,471 |
| 60637 | Chicago, IL 60637 | 4.6 mi | 124 | $47,830,892 | $279,500 | $385,733 |
| 60621 | Chicago, IL 60621 | 4.8 mi | 48 | $9,599,664 | $193,675 | $199,993 |
| 60632 | Chicago, IL 60632 | 5.0 mi | 43 | $14,641,070 | $352,450 | $340,490 |
| 60614 | Chicago, IL 60614 | 5.5 mi | 161 | $322,799,687 | $1,242,500 | $2,004,967 |
As of July 2026, there are 145 active listings in CHICAGO, IL (zip code 60616), compared to 156 the prior year.
The median listing price in CHICAGO, IL 60616 is $349,950 as of July 2026, a 2.1% decrease from $357,500 the prior year.
Homes in CHICAGO, IL 60616 spend an average of 38 days on the market before going under contract, compared to 40 days the prior year.
Based on current inventory and days-on-market data as of July 2026, CHICAGO, IL 60616 is currently a Seller's Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 38 days on market compared to 40 days last year.
With SELL123.com's maximum 3% commission, sellers in CHICAGO, IL 60616 save an estimated $6,999 compared to a typical 5% commission on the median listing price of $349,950. 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.