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Portage Park

CHICAGO, IL 60641

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

Market Overview

Active Listings
43
⇩ 32.8% vs 64 last year
Pending
17
40% pending ratio
Median Price
$491,950
⇧ 13.8% vs $432,200 last year
Average Price
$570,622
⇧ 21.7% vs $469,007 last year
Days on Market
47
vs 47 days last year

Market Context

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

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

Market Analysis

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

The CHICAGO, IL real estate market (60641) currently shows 43 active listings, with 17 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has tightened compared to last year, with 21 fewer active listings — creating more competition among buyers.

The median listing price has risen 13.8% year-over-year, from $432,200 to $491,950.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 43 this year vs 64 last year
  • Days on market: 47 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $491,950 (+13.8% YoY)
  • Average: $570,622 (+21.7% 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 5.1 miles — 759 listings ($509,612,292 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60641Chicago, IL 606410.0 mi43$24,536,746$491,950$570,622
60639Chicago, IL 606391.9 mi33$13,268,673$399,900$402,081
60647Chicago, IL 606472.9 mi74$57,509,692$674,900$777,158
60634Chicago, IL 606343.1 mi91$45,935,708$487,500$504,788
60646Chicago, IL 606463.3 mi34$21,001,562$567,450$617,693
60659Chicago, IL 606593.6 mi33$14,722,686$429,000$446,142
60712Lincolnwood, IL 607124.1 mi24$21,798,912$619,000$908,288
60622Chicago, IL 606224.5 mi100$101,471,100$739,950$1,014,711
60644Chicago, IL 606444.6 mi33$9,404,505$309,275$284,985
60613Chicago, IL 606134.7 mi117$64,292,085$259,900$549,505
60301Oak Park, IL 603014.8 mi2$732,000$366,000$366,000
60657Chicago, IL 606574.8 mi122$119,281,840$587,500$977,720
60645Chicago, IL 606455.1 mi53$15,656,783$244,500$295,411

Frequently Asked Questions

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

As of January 2026, there are 43 active listings in CHICAGO, IL (zip code 60641), compared to 64 the prior year.

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

The median listing price in CHICAGO, IL 60641 is $491,950 as of January 2026, a 13.8% increase from $432,200 the prior year.

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

Homes in CHICAGO, IL 60641 spend an average of 47 days on the market before going under contract, compared to 47 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 January 2026, CHICAGO, IL 60641 is currently a Balanced Market. Inventory has tightened compared to last year, with 21 fewer active listings — creating more competition among buyers.

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 $9,839 compared to a typical 5% commission on the median listing price of $491,950. 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.