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Bohemian California Crawford Lawndale Little Village North Lawndale South Lawndale South Lawndale (Little Village)

CHICAGO, IL 60623

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

Neighborhoods in ZIP 60623

Bohemian California · Crawford · Lawndale · Little Village · North Lawndale · South Lawndale · South Lawndale (Little Village)

Market Analysis

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

The CHICAGO, IL real estate market (60623) currently shows 23 active listings, with 10 pending sales. Homes are averaging 22 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 22 days on market compared to 44 days last year.

The median listing price has risen 107.9% year-over-year, from $189,999 to $394,950.

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 Context

Market Context

Population: 76,611  ·  Density: 5,501.4/mi²  ·  Median household income: $37,814

Typical home value: $203,238  ·  Homeownership: 37.8%

Market Overview

Active Listings
23
⇩ 20.7% vs 29 last year
Pending
10
43% pending ratio
Median Price
$394,950
⇧ 107.9% vs $189,999 last year
Average Price
$409,202
⇧ 113% vs $192,079 last year
Days on Market
22
⇩ 50% vs 44 days last year

Price Per Square Foot

Median $/sqft
$255
⇧ 68.9% vs $151/sqft last year
Median Home Size
2,011 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 23 this year vs 29 last year
  • Days on market: 22 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $394,950 (+107.9% YoY)
  • Average: $409,202 (+113% 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 5.2 miles — 800 listings ($436,117,254 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60623Chicago, IL 606230.0 mi17$5,163,801$323,675$303,753
60624Chicago, IL 606242.3 mi23$6,642,699$247,075$288,813
60632Chicago, IL 606322.5 mi43$14,641,070$352,450$340,490
60644Chicago, IL 606443.0 mi36$11,090,772$352,450$308,077
60402Berwyn, IL 604023.9 mi119$40,751,550$334,850$342,450
60609Chicago, IL 606094.0 mi57$16,038,261$247,450$281,373
60622Chicago, IL 606224.2 mi136$142,843,520$772,248$1,050,320
60616Chicago, IL 606164.6 mi140$58,265,060$359,950$416,179
60642Chicago, IL 606424.8 mi77$73,389,008$853,125$953,104
60301Oak Park, IL 603014.9 mi3$956,250$318,750$318,750
60629Chicago, IL 606295.0 mi101$33,511,093$323,750$331,793
60603Chicago, IL 606035.1 mi26$15,804,464$595,000$607,864
60602Chicago, IL 606025.2 mi22$17,019,706$746,625$773,623

Frequently Asked Questions

How many homes are for sale in CHICAGO, IL 60623?

As of March 2026, there are 23 active listings in CHICAGO, IL (zip code 60623), compared to 29 the prior year.

What is the median home price in CHICAGO, IL 60623?

The median listing price in CHICAGO, IL 60623 is $394,950 as of March 2026, a 107.9% increase from $189,999 the prior year.

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

Homes in CHICAGO, IL 60623 spend an average of 22 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in CHICAGO, IL 60623?

Based on current inventory and days-on-market data as of March 2026, CHICAGO, IL 60623 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 22 days on market compared to 44 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 60623 save an estimated $7,899 compared to a typical 5% commission on the median listing price of $394,950. 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.