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CHICAGO, IL 60653

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

Market Overview

Active Listings
63
⇩ 26.7% vs 86 last year
Pending
18
29% pending ratio
Median Price
$362,500
⇧ 2.3% vs $354,500 last year
Average Price
$418,163
⇩ 3.6% vs $433,584 last year
Days on Market
55
⇩ 28.6% vs 77 days last year

Market Context

Population: 34,364  ·  Density: 5,623.1/mi²  ·  Median household income: $35,136

Typical home value: $342,773  ·  Homeownership: 29.5%

Market Analysis

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

The CHICAGO, IL real estate market (60653) currently shows 63 active listings, with 18 pending sales. Homes are averaging 55 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 selling faster, averaging 55 days on market compared to 77 days last year.

The median listing price has risen 2.3% year-over-year, from $354,500 to $362,500.

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: 63 this year vs 86 last year
  • Days on market: 55 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $362,500 (+2.3% YoY)
  • Average: $418,163 (-3.6% 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 6.0 miles — 1,162 listings ($587,199,506 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60653Chicago, IL 606530.0 mi63$26,344,269$362,500$418,163
60616Chicago, IL 606162.0 mi124$48,994,136$370,000$395,114
60637Chicago, IL 606372.6 mi115$40,344,070$279,500$350,818
60621Chicago, IL 606213.3 mi48$8,814,096$175,000$183,627
60604Chicago, IL 606044.2 mi4$2,118,000$487,000$529,500
60603Chicago, IL 606034.3 mi20$11,488,000$575,000$574,400
60602Chicago, IL 606024.5 mi18$14,683,698$750,000$815,761
60601Chicago, IL 606014.6 mi95$123,325,105$812,000$1,298,159
60649Chicago, IL 606494.8 mi114$21,337,494$139,500$187,171
60619Chicago, IL 606195.2 mi199$44,011,039$229,900$221,161
60632Chicago, IL 606325.3 mi40$14,176,600$365,000$354,415
60620Chicago, IL 606205.8 mi167$42,394,954$256,250$253,862
60610Chicago, IL 606106.0 mi155$189,168,045$520,000$1,220,439

Frequently Asked Questions

How many homes are for sale in CHICAGO, IL 60653?

As of January 2026, there are 63 active listings in CHICAGO, IL (zip code 60653), compared to 86 the prior year.

What is the median home price in CHICAGO, IL 60653?

The median listing price in CHICAGO, IL 60653 is $362,500 as of January 2026, a 2.3% increase from $354,500 the prior year.

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

Homes in CHICAGO, IL 60653 spend an average of 55 days on the market before going under contract, compared to 77 days the prior year.

Is it a seller's or buyer's market in CHICAGO, IL 60653?

Based on current inventory and days-on-market data as of January 2026, CHICAGO, IL 60653 is currently a Seller's Market. Inventory has tightened compared to last year, with 23 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 55 days on market compared to 77 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 60653 save an estimated $7,250 compared to a typical 5% commission on the median listing price of $362,500. 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.