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CHICAGO, IL 60617

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60617

Avalon Park · Calumet · Calumet Heights · East Side · Green Bay · Hegewisch · Irondale · Ironworkers Addition to South Chicago · Jeffery Manor · Merrionette Manor · Pill Hill (Calumet Heights) · South Chicago · South Chicago Heights · South Deering · Stony Island · Stony Island Heights · Taylors Addition to South Chicago · Trumbull Park Homes · Trumbull Park Terrace

Market Analysis

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

The CHICAGO, IL real estate market (60617) currently shows 192 active listings, with 77 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are selling faster, averaging 48 days on market compared to 51 days last year.

The median listing price has fallen 7.2% year-over-year, from $229,000 to $212,500.

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.

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Market Context

Market Context

Population: 83,188  ·  Density: 2,349.1/mi²  ·  Median household income: $51,203

Typical home value: $158,247  ·  Homeownership: 57.3%

Market Overview

Active Listings
192
⇧ 5.5% vs 182 last year
Pending
77
40% pending ratio
Median Price
$212,500
⇩ 7.2% vs $229,000 last year
Average Price
$215,737
vs $215,837 last year
Days on Market
48
⇩ 5.9% vs 51 days last year

Price Per Square Foot

Median $/sqft
$147
⇧ 8.1% vs $136/sqft last year
Median Home Size
1,388 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 192 this year vs 182 last year
  • Days on market: 48 now vs 51 last year

Median & Average Pricing

Year over Year
  • Median: $212,500 (-7.2% YoY)
  • Average: $215,737 (+-0% 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 8.6 miles — 1,751 listings ($401,595,588 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60617Chicago, IL 606170.0 mi192$41,394,816$214,950$215,598
60619Chicago, IL 606193.3 mi196$44,035,320$234,450$224,670
60628Chicago, IL 606283.5 mi243$45,217,197$181,250$186,079
60637Chicago, IL 606375.3 mi124$47,830,892$279,500$385,733
60643Chicago, IL 606435.6 mi140$41,864,760$240,725$299,034
60827Riverdale, IL 608275.8 mi96$14,870,496$149,900$154,901
60419Dolton, IL 604196.3 mi136$24,875,216$175,000$182,906
60409Calumet City, IL 604096.9 mi215$35,367,715$169,450$164,501
60636Chicago, IL 606367.2 mi93$17,449,590$198,225$187,630
60406Blue Island, IL 604067.6 mi49$10,226,643$213,199$208,707
60653Chicago, IL 606537.8 mi71$29,037,438$367,175$408,978
60473South Holland, IL 604738.3 mi139$33,387,244$231,000$240,196
60609Chicago, IL 606098.6 mi57$16,038,261$247,450$281,373

Frequently Asked Questions

How many homes are for sale in CHICAGO, IL 60617?

As of March 2026, there are 192 active listings in CHICAGO, IL (zip code 60617), compared to 182 the prior year.

What is the median home price in CHICAGO, IL 60617?

The median listing price in CHICAGO, IL 60617 is $212,500 as of March 2026, a 7.2% decrease from $229,000 the prior year.

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

Homes in CHICAGO, IL 60617 spend an average of 48 days on the market before going under contract, compared to 51 days the prior year.

Is it a seller's or buyer's market in CHICAGO, IL 60617?

Based on current inventory and days-on-market data as of March 2026, CHICAGO, IL 60617 is currently a Balanced Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are selling faster, averaging 48 days on market compared to 51 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 60617 save an estimated $4,250 compared to a typical 5% commission on the median listing price of $212,500. 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.