Call or Text (240) SELL-123
Fifty Acres

CHICAGO, IL 60642

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

Neighborhoods in ZIP 60642

Fifty Acres

Market Analysis

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

The CHICAGO, IL real estate market (60642) currently shows 76 active listings, with 54 pending sales. Homes are averaging 18 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 18 days on market compared to 23 days last year.

The median listing price has fallen 23.9% year-over-year, from $895,000 to $681,250.

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 60642 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 21,444  ·  Density: 4,964.7/mi²  ·  Median household income: $137,853

Typical home value: $591,523  ·  Homeownership: 33.5%

Market Overview

Active Listings
76
⇩ 8.4% vs 83 last year
Pending
54
71% pending ratio
Median Price
$681,250
⇩ 23.9% vs $895,000 last year
Average Price
$849,899
⇩ 8.4% vs $928,238 last year
Days on Market
18
⇩ 21.7% vs 23 days last year

Price Per Square Foot

Median $/sqft
$380
⇩ 10% vs $422/sqft last year
Median Home Size
1,964 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 76 this year vs 83 last year
  • Days on market: 18 now vs 23 last year

Median & Average Pricing

Year over Year
  • Median: $681,250 (-23.9% YoY)
  • Average: $849,899 (-8.4% 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 4.9 miles — 1,261 listings ($1,187,292,297 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60642Chicago, IL 606420.0 mi77$73,389,008$853,125$953,104
60654Chicago, IL 606541.3 mi134$107,285,760$454,250$800,640
60614Chicago, IL 606141.5 mi161$322,799,687$1,242,500$2,004,967
60606Chicago, IL 606061.8 mi19$10,131,161$461,000$533,219
60602Chicago, IL 606022.0 mi22$17,019,706$746,625$773,623
60612Chicago, IL 606122.1 mi74$47,823,018$452,000$646,257
60601Chicago, IL 606012.2 mi119$153,637,449$792,000$1,291,071
60647Chicago, IL 606472.6 mi85$81,984,370$749,450$964,522
60605Chicago, IL 606053.2 mi134$67,452,518$395,975$503,377
60613Chicago, IL 606133.7 mi146$94,014,802$277,000$643,937
60618Chicago, IL 606183.9 mi122$129,209,346$741,250$1,059,093
60651Chicago, IL 606514.3 mi64$22,931,840$357,500$358,310
60640Chicago, IL 606404.9 mi104$59,613,632$326,000$573,208

Frequently Asked Questions

How many homes are for sale in CHICAGO, IL 60642?

As of March 2026, there are 76 active listings in CHICAGO, IL (zip code 60642), compared to 83 the prior year.

What is the median home price in CHICAGO, IL 60642?

The median listing price in CHICAGO, IL 60642 is $681,250 as of March 2026, a 23.9% decrease from $895,000 the prior year.

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

Homes in CHICAGO, IL 60642 spend an average of 18 days on the market before going under contract, compared to 23 days the prior year.

Is it a seller's or buyer's market in CHICAGO, IL 60642?

Based on current inventory and days-on-market data as of March 2026, CHICAGO, IL 60642 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 18 days on market compared to 23 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 60642 save an estimated $13,625 compared to a typical 5% commission on the median listing price of $681,250. 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.