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Edison Edison Park Norwood Park

CHICAGO, IL 60631

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

Neighborhoods in ZIP 60631

Edison · Edison Park · Norwood Park

Market Analysis

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

The CHICAGO, IL real estate market (60631) currently shows 54 active listings, with 32 pending sales. Homes are averaging 18 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 18 days on market compared to 24 days last year.

The median listing price has risen 11.6% year-over-year, from $508,475 to $567,225.

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: 30,418  ·  Density: 3,135.0/mi²  ·  Median household income: $112,974

Typical home value: $411,400  ·  Homeownership: 74.3%

Market Overview

Active Listings
54
⇩ 6.9% vs 58 last year
Pending
32
59% pending ratio
Median Price
$567,225
⇧ 11.6% vs $508,475 last year
Average Price
$616,542
⇧ 7.5% vs $573,262 last year
Days on Market
18
⇩ 25% vs 24 days last year

Price Per Square Foot

Median $/sqft
$278
vs $278/sqft last year
Median Home Size
1,891 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 54 this year vs 58 last year
  • Days on market: 18 now vs 24 last year

Median & Average Pricing

Year over Year
  • Median: $567,225 (+11.6% YoY)
  • Average: $616,542 (+7.5% 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 6.2 miles — 689 listings ($350,289,682 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60631Chicago, IL 606310.0 mi33$17,807,064$489,900$539,608
60068Park Ridge, IL 600682.0 mi71$51,219,684$592,425$721,404
60714Niles, IL 607142.3 mi54$23,390,424$406,150$433,156
60630Chicago, IL 606303.2 mi50$22,942,300$454,700$458,846
60053Morton Grove, IL 600533.5 mi65$33,220,265$479,900$511,081
60077Skokie, IL 600774.1 mi51$27,473,445$439,500$538,695
60018Des Plaines, IL 600184.4 mi32$21,159,840$539,750$661,245
60171River Grove, IL 601715.0 mi28$9,931,096$356,750$354,682
60076Skokie, IL 600765.1 mi50$25,677,250$500,500$513,545
60659Chicago, IL 606595.5 mi41$16,661,949$330,225$406,389
60016Des Plaines, IL 600165.6 mi135$47,989,395$334,600$355,477
60625Chicago, IL 606256.0 mi72$48,404,520$392,400$672,285
60203Evanston, IL 602036.2 mi7$4,412,450$614,700$630,350

Frequently Asked Questions

How many homes are for sale in CHICAGO, IL 60631?

As of April 2026, there are 54 active listings in CHICAGO, IL (zip code 60631), compared to 58 the prior year.

What is the median home price in CHICAGO, IL 60631?

The median listing price in CHICAGO, IL 60631 is $567,225 as of April 2026, a 11.6% increase from $508,475 the prior year.

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

Homes in CHICAGO, IL 60631 spend an average of 18 days on the market before going under contract, compared to 24 days the prior year.

Is it a seller's or buyer's market in CHICAGO, IL 60631?

Based on current inventory and days-on-market data as of April 2026, CHICAGO, IL 60631 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 18 days on market compared to 24 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 60631 save an estimated $11,345 compared to a typical 5% commission on the median listing price of $567,225. 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.