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Brookdale Essex Greater Grand Crossing Hyde Park Jackson Park Jackson Park Terrace Park Manor Poverty Row South Shore Washington Park Woodlawn

CHICAGO, IL 60637

Real Estate Market Report  ·  Cook County
Balanced Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60637

Brookdale · Essex · Greater Grand Crossing · Hyde Park · Jackson Park · Jackson Park Terrace · Park Manor · Poverty Row · South Shore · Washington Park · Woodlawn

Market Analysis

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

The CHICAGO, IL real estate market (60637) currently shows 120 active listings, with 33 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has tightened compared to last year, with 38 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 47 days on market compared to 41 days last year.

The median listing price has risen 9.1% year-over-year, from $250,000 to $272,750.

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Market Context

Market Context

Population: 51,145  ·  Density: 4,361.5/mi²  ·  Median household income: $37,247

Typical home value: $249,500  ·  Homeownership: 25.7%

Market Overview

Active Listings
120
⇩ 24.1% vs 158 last year
Pending
33
28% pending ratio
Median Price
$272,750
⇧ 9.1% vs $250,000 last year
Average Price
$326,457
⇧ 1.8% vs $320,598 last year
Days on Market
47
⇧ 14.6% vs 41 days last year

Price Per Square Foot

Median $/sqft
$181
⇧ 12.4% vs $161/sqft last year
Median Home Size
1,497 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 120 this year vs 158 last year
  • Days on market: 47 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $272,750 (+9.1% YoY)
  • Average: $326,457 (+1.8% 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 7.2 miles — 1,381 listings ($580,855,344 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60637Chicago, IL 606370.0 mi124$47,830,892$279,500$385,733
60621Chicago, IL 606211.9 mi48$9,599,664$193,675$199,993
60653Chicago, IL 606532.6 mi71$29,037,438$367,175$408,978
60636Chicago, IL 606363.4 mi93$17,449,590$198,225$187,630
60620Chicago, IL 606203.8 mi172$43,410,220$257,475$252,385
60617Chicago, IL 606175.3 mi192$41,394,816$214,950$215,598
60608Chicago, IL 606085.8 mi75$31,844,775$367,498$424,597
60632Chicago, IL 606326.0 mi43$14,641,070$352,450$340,490
60628Chicago, IL 606286.3 mi243$45,217,197$181,250$186,079
60805Evergreen Park, IL 608056.6 mi49$17,627,897$350,000$359,753
60607Chicago, IL 606076.9 mi130$112,144,630$487,500$862,651
60602Chicago, IL 606027.1 mi22$17,019,706$746,625$773,623
60601Chicago, IL 606017.2 mi119$153,637,449$792,000$1,291,071

Frequently Asked Questions

How many homes are for sale in CHICAGO, IL 60637?

As of September 2026, there are 120 active listings in CHICAGO, IL (zip code 60637), compared to 158 the prior year.

What is the median home price in CHICAGO, IL 60637?

The median listing price in CHICAGO, IL 60637 is $272,750 as of September 2026, a 9.1% increase from $250,000 the prior year.

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

Homes in CHICAGO, IL 60637 spend an average of 47 days on the market before going under contract, compared to 41 days the prior year.

Is it a seller's or buyer's market in CHICAGO, IL 60637?

Based on current inventory and days-on-market data as of September 2026, CHICAGO, IL 60637 is currently a Balanced Market. Inventory has tightened compared to last year, with 38 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 47 days on market compared to 41 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 60637 save an estimated $5,455 compared to a typical 5% commission on the median listing price of $272,750. 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.