Call or Text (240) SELL-123
Avondale Belmont Cragin Cragin (Belmont Cragin) Grayland Hermosa Irving Park Martin Luther Portage Park Six Corners

CHICAGO, IL 60641

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

Neighborhoods in ZIP 60641

Avondale · Belmont Cragin · Cragin (Belmont Cragin) · Grayland · Hermosa · Irving Park · Martin Luther · Portage Park · Six Corners

Market Analysis

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

The CHICAGO, IL real estate market (60641) currently shows 60 active listings, with 37 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory has tightened compared to last year, with 23 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 30 days on market compared to 24 days last year.

The median listing price has risen 6.7% year-over-year, from $442,900 to $472,750.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for CHICAGO, IL 60641 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 68,968  ·  Density: 6,613.0/mi²  ·  Median household income: $79,884

Typical home value: $353,950  ·  Homeownership: 53.7%

Market Overview

Active Listings
60
⇩ 27.7% vs 83 last year
Pending
37
62% pending ratio
Median Price
$472,750
⇧ 6.7% vs $442,900 last year
Average Price
$644,216
⇧ 26% vs $511,091 last year
Days on Market
30
⇧ 25% vs 24 days last year

Price Per Square Foot

Median $/sqft
$307
⇧ 16.3% vs $264/sqft last year
Median Home Size
1,448 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 60 this year vs 83 last year
  • Days on market: 30 now vs 24 last year

Median & Average Pricing

Year over Year
  • Median: $472,750 (+6.7% YoY)
  • Average: $644,216 (+26% 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 5.1 miles — 907 listings ($662,262,213 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60641Chicago, IL 606410.0 mi57$35,460,726$449,250$622,118
60639Chicago, IL 606391.9 mi30$11,268,150$397,250$375,605
60647Chicago, IL 606472.9 mi85$81,984,370$749,450$964,522
60634Chicago, IL 606343.1 mi104$53,254,864$487,500$512,066
60646Chicago, IL 606463.3 mi40$25,964,480$572,000$649,112
60659Chicago, IL 606593.6 mi41$16,661,949$330,225$406,389
60712Lincolnwood, IL 607124.1 mi25$23,527,150$644,000$941,086
60622Chicago, IL 606224.5 mi136$142,843,520$772,248$1,050,320
60644Chicago, IL 606444.6 mi36$11,090,772$352,450$308,077
60613Chicago, IL 606134.7 mi146$94,014,802$277,000$643,937
60301Oak Park, IL 603014.8 mi3$956,250$318,750$318,750
60657Chicago, IL 606574.8 mi152$148,752,064$568,750$978,632
60645Chicago, IL 606455.1 mi52$16,483,116$254,975$316,983

Frequently Asked Questions

How many homes are for sale in CHICAGO, IL 60641?

As of March 2026, there are 60 active listings in CHICAGO, IL (zip code 60641), compared to 83 the prior year.

What is the median home price in CHICAGO, IL 60641?

The median listing price in CHICAGO, IL 60641 is $472,750 as of March 2026, a 6.7% increase from $442,900 the prior year.

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

Homes in CHICAGO, IL 60641 spend an average of 30 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 60641?

Based on current inventory and days-on-market data as of March 2026, CHICAGO, IL 60641 is currently a Balanced Market. Inventory has tightened compared to last year, with 23 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 30 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 60641 save an estimated $9,455 compared to a typical 5% commission on the median listing price of $472,750. 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.