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Auburn Gresham

CHICAGO, IL 60620

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

Market Overview

Active Listings
167
⇩ 18.1% vs 204 last year
Pending
55
33% pending ratio
Median Price
$256,250
⇧ 2.5% vs $250,000 last year
Average Price
$253,862
⇧ 5.7% vs $240,124 last year
Days on Market
52
⇩ 5.5% vs 55 days last year

Market Context

Population: 68,330  ·  Density: 3,770.4/mi²  ·  Median household income: $46,472

Typical home value: $177,126  ·  Homeownership: 48.6%

Market Analysis

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

The CHICAGO, IL real estate market (60620) currently shows 167 active listings, with 55 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has tightened compared to last year, with 37 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 52 days on market compared to 55 days last year.

The median listing price has risen 2.5% year-over-year, from $250,000 to $256,250.

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: 167 this year vs 204 last year
  • Days on market: 52 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $256,250 (+2.5% YoY)
  • Average: $253,862 (+5.7% 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 7.0 miles — 1,186 listings ($299,362,431 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60620Chicago, IL 606200.0 mi167$42,394,954$256,250$253,862
60621Chicago, IL 606212.5 mi48$8,814,096$175,000$183,627
60643Chicago, IL 606432.9 mi125$37,286,875$237,950$298,295
60652Chicago, IL 606523.2 mi63$17,217,018$289,900$273,286
60628Chicago, IL 606283.8 mi243$46,676,169$187,450$192,083
60456Hometown, IL 604564.1 mi10$2,185,750$219,999$218,575
60649Chicago, IL 606494.7 mi114$21,337,494$139,500$187,171
60609Chicago, IL 606095.0 mi56$15,904,504$244,900$284,009
60453Oak Lawn, IL 604535.5 mi160$49,096,800$299,999$306,855
60653Chicago, IL 606535.8 mi63$26,344,269$362,500$418,163
60406Blue Island, IL 604066.1 mi46$8,755,456$194,000$190,336
60803Alsip, IL 608036.4 mi48$12,323,760$261,000$256,745
60415Chicago Ridge, IL 604157.0 mi43$11,025,286$205,000$256,402

Frequently Asked Questions

How many homes are for sale in CHICAGO, IL 60620?

As of January 2026, there are 167 active listings in CHICAGO, IL (zip code 60620), compared to 204 the prior year.

What is the median home price in CHICAGO, IL 60620?

The median listing price in CHICAGO, IL 60620 is $256,250 as of January 2026, a 2.5% increase from $250,000 the prior year.

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

Homes in CHICAGO, IL 60620 spend an average of 52 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in CHICAGO, IL 60620?

Based on current inventory and days-on-market data as of January 2026, CHICAGO, IL 60620 is currently a Seller's Market. Inventory has tightened compared to last year, with 37 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 52 days on market compared to 55 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 60620 save an estimated $5,125 compared to a typical 5% commission on the median listing price of $256,250. 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.